531 North Central Park Avenue

Chicago, IL 60624

$315,000
Price
5
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Don't Miss out! Greystone 2-flat features two separate units and presents an excellent investment opportunity. Each unit features hardwood floors, a spacious living room and dedicated dining areas and enclosed rear porches, providing comfortable and inviting spaces for residents. The 1st floor unit is currently vacant and perfect for an owner occupant or new tenant with increasing rent potential. Featuring 2 Beds and 1 Bath with newly refinished hardwood floors and refreshed paint. The 2nd floor...Don't Miss out! Greystone 2-flat features two separate units and presents an excellent investment opportunity. Each unit features hardwood floors, a spacious living room and dedicated dining areas and enclosed rear porches, providing comfortable and inviting spaces for residents. The 1st floor unit is currently vacant and perfect for an owner occupant or new tenant with increasing rent potential. Featuring 2 Beds and 1 Bath with newly refinished hardwood floors and refreshed paint. The 2nd floor unit offers 3 Beds and 1 bath with a quality tenant who always pays on time. The basement is equipped with coin laundry and a convenient half bath and offers an abundance of storage space. Explore the potential to finish the basement for additional living space and income potential. One Water Heater and Furnace was changed in 2018. The Garage is currently rented out as well for additional income. Take advantage of the area's steady growth and development, securing a property with excellent income potential. Situated just a few blocks away from the Green Line Train, commuting to Downtown Chicago is a breeze. Nature lovers will delight in the property's close proximity to the Garfield Park Conservatory. Whether you're an investor seeking a lucrative opportunity or looking for a comfortable and spacious home, this property has it all. Schedule your showing today and discover the potential that awaits you in Garfield Park! Requires 48 hours to show. 2 previous buyers financing failed. Property passed inspection and appraisal TWICE! Serious buyers only. PREAPPROVAL or POF REQUIRED TO SHOW - NO EXCEPTIONS. Please do not disturb the tenant.
  1. Listed by Jennifer Rivera • Real Broker LLC

Property Details for 531 North Central Park Avenue

Area
CHI - Humboldt Park
Township
Jefferson
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI

Location

Listing Courtesy of Real Broker LLC
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LISTING UPDATED: 05/03/2024 10:00 PM

Property Details for 531 North Central Park Avenue

StatusContingent
MLS #12031262
Days on Market16
Taxes$1,250 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1890
Lot Size0.07 AC / 3,049 SF
CountyCook County

Location

Listing Courtesy of Real Broker LLC
Add your commute

Building Information for 531 North Central Park Avenue

Stories-Residences2Year Built1890Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$1,823 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,719

Property Taxes

$104

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 531 North Central Park Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Laura Ward Elementary School
  • Jr High Middle School: Laura Ward Elementary School
  • High School District: 299
  • High School: Jones College Prep High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 11
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 5
  • Basement Description: Partially Finished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Storm
  • Water: Lake Michigan
  • Other Equipment: CO Detectors, Multiple Water Heaters
Property/Lot Information
  • Exterior Property Features: Porch Screened
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Fenced Yard
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 2975
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Flat
  • General Information: Commuter Bus,Commuter Train
  • North Coordinate: 531
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 3400
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 5
  • Document Date: 2024-04-19T22:05:24
  • Photos Count: 27
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $.00
  • Other Addl Income: Garage/s
  • Net Operating Income: $.00
  • Other Expenses $: 0
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: VAC
Unit 2
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MO/MO

Property History for 531 North Central Park Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 531 North Central Park Avenue

Taxable ValueLand$3,495Additions$6,004Total$9,499
Tax Record2022$1,250 ($104 / month)
Home Facts
Baths2Total Finished SqFt2,200 SqFtAbove Grade Finished SqFt2,200 SqFtStories2Lot Size2,975 SqFtStyleMulti-Family Res (5+ Units)Year Built1893CountyCOOKAPN16-11-216-006

Schools near 531 North Central Park Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ward L Elementary School
PublicPK to 8

Orr Academy High School
Public9 to 12

Rowe-Clark Math & Science Academy
Charter9 to 12

Raby High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 05/03/2024 10:00 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.