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1222 S Central Park Avenue Chicago, IL 60623

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For Sale
$159,900

Multifamily building in up-and-coming area, ready for complete renovation.

Type:Multifamily
Added:
Feb 13, 2026
Days on Market:
47
Last Refresh:
Mar 17 at 1:15 pm

Property Features for 1222 S Central Park Avenue

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1898

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Listing Contact
Edgar R Guerrero

Listing agent Edgar R Guerrero License #IL 874979

Listing office Remax Legends

Listing date Feb 13, 2026

Source Crexi

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 Remax Legends


Overview

North Lawndale Multifamily Rehab Opportunity

Located in North Lawndale, this multifamily building presents a renovation opportunity. The solid brick building, potentially a 2- or 3-unit structure, requires a complete gut rehab and is suited for redesign. Architectural drawings and plans are included with the sale. The property is ideal for a value-add investor, experienced rehabber, or owner-occupant. The surrounding area features new construction and recent renovations, indicating revitalization momentum. The property is sold as-is and requires cash or rehab financing. The location provides access to major corridors, public transportation, parks, and neighborhood amenities. This property offers potential for long-term rentals, a house-hack setup, or future resale.
Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

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

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

Location Insight

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.7157501
Latitude
41.8655277

FAQs

What type of property is this?
Multifamily property - Multifamily building in up-and-coming area, ready for complete renovation.
Where is this multifamily property located?
The property is located at 1222 S Central Park Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Total gut rehab opportunity allows for complete customization and value‑add potential.; Located in a rapidly revitalizing North Lawndale area with new construction and renovations.; Includes architectural drawings and plans to aid in the redesign process.
More about this property
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