531 North Central Park Avenue
531 North Central Park Avenue
$315,000
5
2
—
—
—
Contingent
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.
- Listed by Jennifer Rivera • Real Broker LLC
Property Details for 531 North Central Park Avenue
Area
CHI - Humboldt Park
TownshipJefferson
OwnershipFee Simple
Num Of Garage Spaces2.0
Num Of Parking Spaces2.0
Parking Included in PriceYes
Heat/FuelNatural Gas, Forced Air
ZoningMULTI
Location
LISTING UPDATED: 05/03/2024 10:00 PM
Property Details for 531 North Central Park Avenue
Status | Contingent |
---|---|
MLS # | 12031262 |
Days on Market | 16 |
Taxes | $1,250 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Flat |
Year Built | 1890 |
Lot Size | 0.07 AC / 3,049 SF |
County | Cook County |
Location
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
The Payment Calculator is for illustrative purposes only.
Property Information for 531 North Central Park Avenue
Property History for 531 North Central Park Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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