Active
$299,900
1609 Central Park Avenue
Chicago, IL 60623
- Beds
- 12
- Baths
- 4 full
- Sqft
- 3,940
- $/sqft
- $76
- Lot
- 0.07 ac
- Built
- 1899
- Type
- Single Family
- MLS#
- MRD12749322
About this home
ATTENTION INVESTORS/SWEAT EQUITY SEEKERS! This all-brick 3-flat is a true cash-flow opportunity with 12 total bedrooms and 4 full bathrooms, a rare find with incredible income potential. The first unit is a spacious duplex featuring 5 bedrooms and 2 bathrooms, with 3 bedrooms above grade and 2 below. The second unit offers 4 bedrooms and 1 full bathroom, while the third unit includes 3 bedrooms and 1 bathroom. All utilities are separate, making this an investor's dream. Located directly across from Dvorak Elementary School and just minutes from the Pink Line and bus stop, this property is in a high-demand rental area. Easy access to the Medical District, Douglass Park, and shopping adds to its appeal. The property needs work and is being sold as-is, with no warranties or repairs. Agent-owned interest applies. Agents read broker private remarks. Don't miss this incredible investment opportunity! It will be Your Smartest Move!
Payment calculator
Estimated monthly cost for this home
20% · $60K
%
Term
$2,061/mo
- Principal & interest
- $1,550
- Property taxes
- $423
- Home insurance (est.)
- $87
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.71%, 2026-09-03). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
Price & tax history
| 2023 property taxes | $5,081/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Where it sits
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of New Avenue Realty LLC, listed by Jorge Vega.
Information last updated Sep 9, 2026, 6:31 PM.
1609 Central Park Avenue
Chicago, IL 60623
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Call 224-385-8779Property details
Sourced from the MRED MLS feed. Last updated when the listing was modified.
- Cooling
- Central Air
- Heating
- Forced Air
- Basement
- Partially Finished, Full, Daylight
- Rooms total
- 15