1015 N Central Avenue, Chicago IL 60651
$485,000

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Property Description

Welcome to 1015 N Central Avenue, a solid brick legal two-unit offering an excellent opportunity for investors or owner-occupants in Chicago. Featuring a covered front porch, a full finished basement, and a detached 2-car garage, this fully occupied property combines generous living space with numerous major improvements already completed. Both units are currently occupied with month-to-month tenants, providing flexibility for the next owner. The first-floor unit offers 2 bedrooms and 1 full bath, while the second-floor unit features 3 bedrooms and 1 full bath. The finished basement provides additional flexible living and recreation space along with a full bathroom. The property offers a total of 5 bedrooms and 3 full bathrooms throughout the building. Significant improvements include a full roof replacement in 2024, both water heaters replaced in 2023, both central air-conditioning units replaced in 2022, and the furnace serving the first floor and basement replaced in 2022. The first-floor kitchen features stainless steel appliances installed in 2019. The second-floor bathroom was remodeled in 2021 with vinyl flooring, and the second-floor hardwood floors were beautifully refinished in 2022. Exterior improvements include gutters replaced in 2021, tuckpointing completed along the front and south sides of the building in 2021, new concrete added to the rear parking area in 2021, and a concrete walkway along the rear side of the property completed in 2020. A detached 2-car garage provides additional parking and storage. Adding to the property's appeal, solar panels serve the first floor and basement, with the seller reporting an average ComEd electric bill of approximately $20 per month for those areas. Solar panels are not connected to the second-floor unit. Conveniently located near public transportation with a school directly across the street, this well-maintained brick two-unit offers space, accessibility, substantial improvements, and income-producing potential in one attractive package.

Features & Information

Key Details

  • List Price $485,000
  • Property Taxes $5,082
  • Year Built 1898
  • Status New
  • List Market Time 4

Units

  • Unit 1

  • Floor 1
  • Rooms 8
  • Beds 2
  • Baths 1
  • Appliances None
  • Rent $1,520/mo
  • Tenant Pays None
  • Lease Expires 0
  • Unit 2

  • Floor 1
  • Rooms 5
  • Beds 3
  • Baths 1
  • Appliances None
  • Rent $1,930/mo
  • Tenant Pays None
  • Lease Expires 0

Exterior Features

  • Parking

  • # of Cars:  2

Building Information

  • Number of Units 2
  • Age of Building 100+ Years

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property Central Ave South Of North Ave
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 5082
  • Tax Year 2025
  • Tax Exemptions None
  • Parcel Identification Number 16043100030000

Listed by Ivan Blanco for eXp Realty | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/21/2026 7:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore South Austin

With wide boulevards, plenty of park space, inexpensive housing and convenient transportation options, South Austin is a Chicago neighborhood on the rise. Civic organizations are an active part of South Austin's community culture, working with residents and local businesses to revitalize the area and create an attractive and pleasant environment. A classic farmer's market sets up shop in the heart of South Austin every week during the warm weather months, and year round recreational activities are always going on at the neighborhood's popular Columbus Park fieldhouse. A nine-hole golf course makes it easy for South Austiners to keep those tee times and summertime movies and concerts in the park are a great evening event for the whole family to enjoy.

Read More About South Austin...

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