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Well-Maintained Two-Flat with Garage
For Sale
$599,900

2437 N Central Ave, Chicago, IL 60651

Well-maintained two-flat with finished attic and basement, spacious yard with gazebo, and a two-car garage.

Property SizeContact for details
Days on Market104

Property Features for 2437 N Central Ave

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,434
Listing Agency: RE/MAX Premier
Listed By: Elias Villanueva · License #475153736
Source: Exprealty
Added: May 13 Changed: Aug 23 Last Checked: Aug 22 at 12:44PM

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 RE/MAX Premier

Investment Insights

Based on property information with market context.

This well-maintained two-flat offers flexibility for owner-occupants and investors, with a finished attic and basement adding usable interior space. The property includes a spacious yard with a gazebo, plus a two-car garage and additional parking.

Recent improvements include a new electrical feed (2025), copper main water line (2019), furnaces, A/C units, and water heaters (2019), and appliances (2019). Updates also include home and garage roofs and gutters (2019), a coin washer and dryer (2019), a sewer cleanout (2022), and a northside fence (2024).

The property is offered for sale as-is. The location is described as convenient Belmont Cragin, close to shopping, parks, schools, and transportation.

Key Highlights

  • 1916‑built 2‑flat with finished attic and basement and a spacious yard with gazebo
  • Multiple updates for added peace of mind: new electrical feed (2025) and copper main water line (2019)
  • Heating and cooling updates include furnaces, A/C units, and water heaters (all 2019)

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Acupuncture Skin Care Clinic Nursing Home Garden Center Cosmetic Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,323
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained two-flat with finished attic and basement, spacious yard with gazebo, and a two-car garage.
Where is this duplex located?
The property is located at 2437 N Central Ave Chicago, IL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 1916‑built 2‑flat with finished attic and basement and a spacious yard with gazebo; Multiple updates for added peace of mind: new electrical feed (2025) and copper main water line (2019); Heating and cooling updates include furnaces, A/C units, and water heaters (all 2019)
More about this property
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