1619 S Central Park AVE, Chicago, IL 60623
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1619 S Central Park AVE, Chicago, IL 60623
1619 S Central Park AVE, Chicago, IL 60623
1619 S Central Park AVE, Chicago, IL 60623
1619 S Central Park AVE, Chicago, IL 60623
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1619 S Central Park AVE Chicago, IL 60623

12 Beds

3 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12793533

Bedrooms 12

Year Built 1908

Annual Tax Amount $1,588

Tax Year 2023

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property Description

Get into North Lawndale today-and position yourself for tomorrow's potential! This proper Th This fully gut-renovated three-unit property combines spacious floor plans, modern amenities, and existing leases for an investment opportunity you'll want to see before making your next move. The building's two largest units-the four-bedroom main level and five-bedroom second floor-are already leased through the Section 8 Housing Choice Voucher program. These established leases provide an income-producing foundation, with the housing authority paying the approved subsidy portion directly to the owner, subject to program requirements. That means less initial leasing work for the next owner and rental assistance supporting a portion of the rent on the building's largest units. Renovated from the studs to the finishes by experienced investors, all three units feature private entrances, two forms of egress, and new, individually controlled central heating and air conditioning. Drawings, permits, and plans are accounted for. The main level offers four bedrooms, one full bathroom, impressive 9-foot ceilings, in-unit laundry, and an open-concept family room flowing into the kitchen. The second floor features a similar layout with five bedrooms, while the garden unit includes three bedrooms, one bathroom, and a dedicated laundry and storage room. Twelve total bedrooms. Three rebuilt units. Two established Section 8 leases. For buyers seeking rental income and long-term appreciation potential in North Lawndale, this property deserves a place at the top of the list. Don't wait until you're looking back at an opportunity you could have owned-schedule your showing today!

Location

State IL

County Cook

Area Chi - North Lawndale

Rooms

Basement Finished, Full

Interior

Heating Gas, Forced Air

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick,Block,Stone, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick,Block,Stone

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany


Midwest Real Estate Data (MRED) IDX
Listed by Samantha Ammons of  Continental Realty LLC 
Cecil Sabu

Cecil Sabu

Designated Managing Broker & Loan Originator License ID: 471.019943 | NMLS ID: 2111992

+1(312) 772-2820

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1619 S Central Park AVE