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3031 S Central Park Avenue Chicago, IL 60623

View on Map
For Sale
Under Contract
$479,900

MULTI_FAMILY - Chicago, IL

Added:
Feb 20, 2026
Days on Market:
46
Last Refresh:
Apr 7 at 2:06 am

Property Features for 3031 S Central Park Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
4
Rooms
Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 8, Bedroom 5, Basement, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 9
Parking
2
Parking features
Open, Garage
Basement
Unfinished, Full
Standard status
Active Under Contract
APN
16264240130000

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
4562

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas

Building Details

Year built
1908
Building materials
Vinyl Siding, Brick

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Listing Contact
Refael Suissa
Refael Suissa

Listing agent Refael Suissa

Listing office Pearson Realty Group 1000 N. MILWAUKEE AVE, Chicago, IL

Listing date Feb 20, 2026

MLS# 12570601 Listing URL

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

Little Village Multifamily Investment Opportunity

This well-maintained 4-unit building is located in the heart of Little Village. The property features a desirable unit mix consisting of three 2-bedroom / 1-bath units and one 3-bedroom / 1-bath unit, all in great condition. The property has separate utilities throughout, including four individual HVAC heating units, four water heaters, and four electrical panels. 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. 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 features include a 2-car garage and a solid, low-maintenance setup in a strong rental market. This multifamily property is ideal for buyers seeking a cash-flowing investment with upside potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.714263
Latitude
41.837943

FAQs

What type of property is this?
Quadplex - Well-maintained 4-unit building in Little Village with income potential.
Where is this quadplex located?
The property is located at 3031 S Central Park Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Well‑maintained 4‑unit building with a desirable unit mix in Little Village.; Separate utilities for each unit reduce owner expenses.; Three units currently rented to long‑term tenants provide stable income.
More about this property
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