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Triplex with Updated Interiors
For Sale
Under Contract
$499,999

1306 S Central Park Avenue, Chicago, IL 60623

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market155

Property Features for 1306 S Central Park Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 10
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 7, Bedroom 8, Laundry Room, Bedroom 6, Bedroom 2, Bedroom 10, Bedroom 4, Bathroom 1, Bedroom 9, Bathroom 2, Utility Room, Bathroom 3, Bedroom 1, Bedroom 3
Window features Screens
View Water
Elementary school Herzl Elementary School
Middle school Herzl Elementary School
High school John Hope College Preparatory Se
Elementary school district 299
Middle school district 299
High school district 299
Directions North of W Douglas Blvd; East of S Independence Blvd; South of W Roosevelt Rd; West of S Homan Ave; From S Roosevelt Rd, turn South on S Central Park Ave to address 1306 S Central Park Ave, Chicago, IL 60623
Subdivision CHI - North Lawndale
Standard status Active Under Contract
APN 16231130140000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4553

Utilities

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

Amenities

fenced backyard
enclosed rear porch
double-pane windows
modern light fixtures
updated kitchens
updated bathrooms
hardwood floors
tile flooring
stainless steel appliances
granite countertops
bonus room

Building Details

Year built 1927
Building materials Vinyl Siding, Brick, Frame, Stone
Roof type Asphalt
Architectural style Other
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Mark Minorczyk · License #471002175
Added: Mar 25 Changed: Aug 20 Last Checked: Aug 26 at 5:06AM
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.

This 1927 triplex contains three residential units with distinct utility service, including three gas meters, four electric meters, and four circuit breaker panels. Each unit has its own gas furnace and water heater, while occupants are responsible for gas, electricity, and hot water. The first- and second-floor residences have refinished hardwood flooring; the lower-level unit has tile floors. Kitchens and bathrooms have been updated, with double-pane windows and contemporary light fixtures throughout.

The second-floor unit includes four bedrooms, a full bath, living and dining rooms, an updated kitchen with stainless steel appliances and granite counters, extensive closet space, an enclosed porch, and a utility room. The first-floor unit follows a comparable four-bedroom layout. The lower level provides two bedrooms, a full bath, bonus room, living and dining areas, updated kitchen, enclosed porch, and utility area. The property includes a fenced backyard and is near I-290, CTA Pink Line stations, and 162-acre Douglass Park.

Key Highlights

  • Three‑unit building constructed in 1927 on a 0.07‑acre lot
  • Three gas meters, 4 electric meters, and 4 circuit breaker panels
  • First- and second‑floor units each include 4 bedrooms

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Building Supply HVAC Service

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

Lease Details

3
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,028
Businesses Nearby

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
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?
Triplex - Three residential units feature refreshed kitchens and baths, separate utilities, enclosed porches, and a fenced backyard.
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: Three‑unit building constructed in 1927 on a 0.07‑acre lot; Three gas meters, 4 electric meters, and 4 circuit breaker panels; First- and second‑floor units each include 4 bedrooms
More about this property
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