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Brick Duplex with Finished Basement
For Sale
$485,000

1015 N Central Ave, Chicago, IL 60651

Fully occupied two-unit property with a detached garage, solar panels, and substantial recent improvements.

Property SizeContact for details
Days on Market16

Property Features for 1015 N Central Ave

General Information

Standard status Active
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $5,082
Listing Agency: eXp Realty
Listed By: Ivan Blanco · License #475190576
Source: Exprealty
Added: Aug 14 Changed: Aug 28 Last Checked: Aug 24 at 4:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Investment Insights

Based on property information with market context.

This legal two-unit brick residence includes five bedrooms and three full bathrooms across the first-floor and second-floor apartments, plus a full finished basement with additional living and recreation space. The first-floor unit has two bedrooms and one bathroom, while the second-floor unit offers three bedrooms and one bathroom. A covered front porch and detached two-car garage add functional appeal. Both units are occupied by month-to-month tenants, and the property is zoned MULTI.

Major systems and building components have been updated over recent years. The roof was replaced in 2024, both water heaters in 2023, and both central air-conditioning units in 2022. The furnace serving the first floor and basement was also replaced in 2022. Additional improvements include a remodeled second-floor bathroom, refinished second-floor hardwood floors, updated gutters, front and south-side tuckpointing, rear parking-area concrete, and a rear-side concrete walkway. Solar panels serve the first floor and basement. The property is located near public transportation, with a school directly across the street.

Key Highlights

  • Legal two‑unit brick property with 5 bedrooms and 3 full bathrooms
  • Full finished basement with additional living, recreation, and bathroom space
  • Detached 2‑car garage plus rear parking area

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,298
Businesses Nearby

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied two-unit property with a detached garage, solar panels, and substantial recent improvements.
Where is this duplex located?
The property is located at 1015 N Central Ave Chicago, IL.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Legal two‑unit brick property with 5 bedrooms and 3 full bathrooms; Full finished basement with additional living, recreation, and bathroom space; Detached 2‑car garage plus rear parking area
More about this property
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