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North Lawndale Greystone Investment Opportunity

1306 S Central Park Avenue Chicago, IL 60623

1306 S Central Park Avenue, Chicago, IL, 60623
$499,999
For Sale
$499,999

MULTI_FAMILY - Other - Chicago, IL

Lot Size0.07 Acres
Days on Market120

Property Features for 1306 S Central Park Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
10
Bathrooms
3
Rooms
Bedroom 1, Bathroom 1, Laundry Room, Bedroom 9, Bedroom 6, Bedroom 5, Bedroom 7, Bathroom 3, Utility Room, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 8, Bedroom 10
Window features
Screens
Standard status
Active
APN
16231130140000
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
4405

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public

Building Details

Year built
1927
Building materials
Vinyl Siding, Brick, Frame, Stone
Roof type
Asphalt
Architectural style
Other
Listing agency Keller Williams ONEChicago
Listed by Mark Minorczyk · License #471002175
Added: Mar 25 Updated: Jul 13 at 5:35PM Checked: Jul 22 at 9:06PM
MLS# 12594200

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located in the historic North Lawndale neighborhood, this three-unit building presents an investment opportunity. The property includes a fenced backyard and an enclosed rear porch. Each unit has separate utilities, with tenants responsible for gas (cooking/heat), electricity, and hot water. The building is equipped with 3 gas meters, 4 electric meters, and 4 circuit breaker panels. The first and second-floor units feature refinished and stained hardwood floors, while the lower level has tile flooring. All units have been freshly painted and include updated kitchens and bathrooms, double-pane windows, and modern light fixtures. The second-floor unit offers 4 bedrooms, a full bath, living room, dining room, updated kitchen with stainless steel appliances and granite countertops, closet space, an enclosed porch, and a separate utility room. The first-floor unit mirrors a similar layout with 4 bedrooms and updated finishes. The lower-level unit includes 2 bedrooms, a full bath, a bonus room, living and dining areas, an updated kitchen with granite countertops, an enclosed porch, and a separate utility area. Situated near I-290 and minutes from downtown Chicago, the property is served by the CTA Pink Line (Kedzie, Central Park, Pulaski, Kostner stations) and is close to Douglass Park. The lot size is 0.07 acres.

Key Highlights

  • Solid 3‑unit building built in 1927 with vinyl siding, brick, frame, and stone construction.
  • Each unit has separate utilities with tenants responsible for gas (cooking/heat), electricity, and hot water.
  • 3 gas meters, 4 electric meters, and 4 circuit breaker panels support separate metering across units.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Skin Care Clinic Building Supply HVAC Service Gym & Fitness Center (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three-unit building in historic North Lawndale, Chicago.
Where is this triplex located?
The property is located at 1306 S Central Park Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Solid 3‑unit building built in 1927 with vinyl siding, brick, frame, and stone construction.; Each unit has separate utilities with tenants responsible for gas (cooking/heat), electricity, and hot water.; 3 gas meters, 4 electric meters, and 4 circuit breaker panels support separate metering across units.
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More about this property
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