Brick Two-Flat with Rear
1617 S Central Park Avenue, Chicago, IL 60623
For Sale
New
Contact for pricing
Both apartments currently produce rental income, with a remodeled upper unit and updated plumbing.
Property SizeContact for details
Days on Market7
Property Features for 1617 S Central Park Avenue
General Information
Standard status
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Public Transit
Additional Details
Multifamily Units
Tenant in Place
Building Details
Buildings
Construction
Listing Agency:
Real Broker LLC
Listed By:
Jessica Macey · License IL #475193433
(267) 241-1073
Source:
Crexi
Added: Nov 3
Changed: Nov 9
Last Checked: Nov 9 at 1:52PM
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 Real Broker LLC
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Investment Insights
Based on property information with market context.
This brick two-flat in Chicago’s North Lawndale neighborhood contains 9 bedrooms and 3 full bathrooms across two units. Both units are currently generating rental income. The second-floor apartment has been remodeled, and plumbing updates include a new hot water tank and main shut-off. Two furnaces serve a system zoned for two units, with capacity to expand to three. The property is being sold as-is; the basement remains unfinished and offers renovation potential.
A rear parking area accommodates up to four vehicles. Public transportation, shopping, dining, and major city routes are nearby. The roof was replaced in 2024, and the water heater was replaced in 2024.
A rear parking area accommodates up to four vehicles. Public transportation, shopping, dining, and major city routes are nearby. The roof was replaced in 2024, and the water heater was replaced in 2024.
Key Highlights
- Two units currently generating rental income
- 9 bedrooms and 3 full bathrooms
- Rear parking area accommodates up to four vehicles
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,331
Businesses Nearby
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Business Placement
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
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Market
Properties on Market for Duplexes in Chicago
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both apartments currently produce rental income, with a remodeled upper unit and updated plumbing.
Where is this duplex located?
The property is located at 1617 S Central Park Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two units currently generating rental income; 9 bedrooms and 3 full bathrooms; Rear parking area accommodates up to four vehicles
