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Two-Unit Mixed-Use Building
New
For Sale
$325,000

2625 S Central Park Avenue, Chicago, IL 60623

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market3

Property Features for 2625 S Central Park Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 7, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 1, Basement, Bedroom 6
Parking 6
Parking features Open, Garage
Basement Daylight, Crawl Space, Unfinished
Elementary school Ortiz De Dominguez Elementary Sc
Middle school Gary Elementary School
High school Farragut Career Academy Senior H
Elementary school district 299
Middle school district 299
High school district 299
Directions South of 26th St, located on the east side of Central Park Ave. Sold by:
Subdivision CHI - South Lawndale
Standard status Active
APN 16264000100000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 2004

Utilities

Sewer type Public Sewer
Heating system Space Heater

Building Details

Year built 1898
Building materials Brick
Listing Agency: Compass
Listed By: Rose Alvarez · License #475123384
Added: Sep 25 Changed: Sep 27 Last Checked: Sep 27 at 1:06PM
MLS# 12770077

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.

Built in 1898, this brick mixed-use property has a ground-floor commercial unit and a second-floor, three-bedroom apartment. Attic space offers the possibility of connecting it to the upper residence. The property is being sold as-is.

A two-car brick garage and a separate rear parking pad provide on-site parking. The building is served by public sewer and has space-heater heating.

Key Highlights

  • Two‑unit mixed‑use property with ground‑floor commercial space and a second‑floor apartment
  • Second‑floor apartment has three bedrooms
  • Attic may allow a duplex‑up configuration

Property Analytics

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Current Use

Jesse's Flowers & Balloon (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Hotel & Motel (Bike/Boat/Book/etc) Store HVAC Service Locksmith

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

1,752
Businesses Nearby
23k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
15,532 visits/mo 0.5 miles
AutoZone Shops & Services
7,962 visits/mo 0.5 miles

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space sits below a three-bedroom apartment, with attic space that could support a duplex-up layout.
Where is this mixed-use property located?
The property is located at 2625 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 mixed‑use property with ground‑floor commercial space and a second‑floor apartment; Second‑floor apartment has three bedrooms; Attic may allow a duplex‑up configuration
More about this property
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