3031 S Central Park Avenue
Chicago, IL 60623
9
Bed
4
Bath
Well-maintained 4-unit building located in the heart of Little Village. All units are in great condition with a desirable unit mix consisting of three 2-bedroom / 1-bath units and one 3-bedroom / 1-bath unit. The property features separate utilities throughout, including four individual HVAC heating units, four water heaters, and four electrical panels, providing efficient management and reduced owner expenses. Tenants pay all utilities except water, which is the only utility paid by the owner. Three units are currently rented to long-term tenants, offering stable income, while one unit is vacant, creating an excellent opportunity for investors or owner-occupants looking to house hack by living in one unit while collecting rental income from the others. Additional highlights include a 2
Property Details
Map
Map
Features
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Bedroom Information
Total Bedroom: 9Bathroom Information
Total Baths: 4Room Information
Rooms Total: 14 -
Flooring Information
Construction Materials: Vinyl Siding, Brick -
Heating & Cooling
Heating: Natural Gas WaterSource: Lake Michigan
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Building Information
Year Built: 1908
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Lot Information
Lot Dimensions: 3125 Lot Size: Less Than .25 AcreProperty Information
Property Type: Residential Income Sub Type: Two to Four Units
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Listing Price Information
Original List Price:$489900
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Tax Information
Annual Tax: $4561.76 Tax Year: 2024 Parcel Number: 16264240130000 Tax Exemption: Homeowner
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Parking Information
Total Parking: 2 Garage Door Opener, Yes, Garage Owned, Detached, Garage Is Parking Included in Price: YesGarage Information
Garage Space: 2
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Utility Information
Sewer: Public Sewer Water Source: Lake Michigan -
Location Information
City: Chicago Direction: 31st to Central Park, then go North to the property
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1835 S Ridgeway Avenue, Chicago, IL, 60623 | $314,900 | 3 | 2 | 1,154 | 1,154 SqFt |
| 2438 S Drake Avenue, Chicago, IL, 60623 | $300,000 | 3 | 2 | 1,035 | 1,035 SqFt |
| 1629 S Karlov Avenue, Chicago, IL, 60623 | $110,000 | 2 | 1 | 836 | 836 SqFt |
| 3418 W 13th Place, Chicago, IL, 60623 | $384,000 | 4 | 3 | 1,900 | 1,900 SqFt |
| 1622 S Central Park Ave.., Chicago, IL, 60623 | $399,900 | 4 | 4 | 2,100 | 2,100 SqFt |
| 2231 S Drake Avenue, Chicago, IL, 60623 | $299,999 | 3 | 2 | 924 | 924 SqFt |
| 2637 S Karlov Avenue, Chicago, IL, 60623 | $150,000 | 4 | 2 | 1,070 | 1,070 SqFt |
| 1239 S Avers Avenue, Chicago, IL, 60623 | $570,000 | 11 | 5 | -- | |
| 1835 S Ridgeway Avenue, Chicago, IL, 60623 | $299,000 | 3 | 2 | 1,154 | 1,154 SqFt |
| 2835 S Millard Avenue, Chicago, IL, 60623 | $254,500 | 6 | 3 | 1,784 | 1,784 SqFt |
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ByOwner last updated this listing 06/12/2026 @ 06:20
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