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    2437 N Central Ave Chicago, IL 60639

    Sponsored
    For Sale
    $624,900

    MULTI_FAMILY - Chicago, IL

    Days on Market:
    2
    Last Refresh:
    Jan 9 at 11:06 am

    Property Features for 2437 N Central Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 8, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 6, Basement, Bedroom 7, Bedroom 2
    Bedrooms
    8
    Bathrooms
    4
    APN
    13283240090000
    Parking
    5
    Parking features
    Garage, Owned
    Basement
    Finished, Full

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air

    Building Details

    Year built
    1916
    Building materials
    Aluminum Siding, Frame
    Additional Structures
    Pergola

    RE/MAX Premier Properties (312) 475-1717 [email protected]

    Listing agent Elias Villanueva (312) 475-1717

    Listing date Jan 8, 2026

    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.

    Overview

    Well-Maintained Chicago Multi-Family Property

    This well-maintained 2-flat in Chicago includes two in-law arrangements, making it ideal for multi-generational living or generating potential extra income. The property has undergone major updates, including a new electrical feed planned for 2025, appliances replaced in 2019, and new water heaters and furnaces/AC units installed in 2019. Additional improvements include a copper main water line (2019), a new northside fence (2024), a sewer cleanout (2022), and new home and garage roofs and gutters (2019). A coin washer and dryer were also installed in 2019. The property features a finished attic, a full basement, and a large yard with a gazebo. A 2-car garage is included, along with extra parking space. Located in the Belmont Cragin area, the property is close to shopping, schools, and transportation. The area is known for strong rental demand. The property is being sold As-Is, and the buyer is responsible for verifying zoning and use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.765676
    Latitude
    41.925095

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    FAQs

    What type of property is this?
    Triplex - Two-flat with in-law arrangements, ideal for multi-generational living.
    Where is this triplex located?
    The property is located at 2437 N Central Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $624,900.
    What are key features of this property?
    This property features: - Two in-law arrangements ideal for multi-generational living or rental income.; - Extensive recent updates including electrical, appliances, HVAC, water line, roofs, and more.; - Finished attic and full basement provide additional living and storage space.
    (773) 629-3659
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2437 N Central Ave Chicago, IL 60639
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