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Brick Duplex with Rear Parking
New
For Sale
$325,000

1617 S Central Park Avenue, Chicago, IL 60623

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market4

Property Features for 1617 S Central Park Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 6, Basement, Bedroom 4, Bedroom 5, Bedroom 7, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 8, Bedroom 9, Bathroom 1
Parking 2
Parking features Off Street, Owned
Basement Full, Unfinished
Elementary school district 299
Middle school district 299
High school district 299
Directions South of 16th Street on Central Park Ave North of West Ogden
Subdivision CHI - North Lawndale
Standard status Active
APN 16234000060000

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4168

Utilities

Sewer type Public Sewer
Heating system Forced Air

Building Details

Year built 1894
Building materials Brick
Listing Agency: Real Broker LLC
Listed By: Jessica Macey · License #475193433
Added: Nov 3 Changed: Nov 5 Last Checked: Nov 6 at 3:06PM
MLS# 12800290

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.

Rey
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Investment Insights

Based on property information with market context.

This brick duplex contains two rental units with a combined nine bedrooms and three full bathrooms. Both units are currently generating rental income. The second-floor apartment has been remodeled, and the property includes a basement with renovation potential. The building dates to 1894 and is being sold as-is.

A rear parking area accommodates up to four vehicles. Property improvements include a 2024 roof replacement, a 2024 water heater replacement, and updated plumbing.

Key Highlights

  • Two‑unit brick duplex with 9 bedrooms and 3 full bathrooms
  • Both units currently generate rental income
  • Rear parking area accommodates up to four vehicles

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,331
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Duplexes in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both units are rented, with nine bedrooms and three full bathrooms across the property.
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‑unit brick duplex with 9 bedrooms and 3 full bathrooms; Both units currently generate rental income; Rear parking area accommodates up to four vehicles
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