3031 S Central Park Avenue, Chicago, IL 60623
MULTI_FAMILY - Chicago, IL
- Added:
- Feb 20, 2026
- Days on Market:
- 111
- Last Refresh:
- Jun 11 at 5:06 am
Property Features for 3031 S Central Park Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 6, Bedroom 7, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 9, Bathroom 4, Basement, Bedroom 8, Bedroom 5, Bedroom 1
- Parking
- 2
- Parking features
- Open, Garage
- Basement
- Full, Unfinished
- Standard status
- Active Under Contract
- APN
- 16264240130000
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 4562
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
Building Details
- Year built
- 1908
- Building materials
- Vinyl Siding, Brick
Listing agent Refael Suissa (773) 325-2800
Listing office Pearson Realty Group 1000 N. MILWAUKEE AVE, Chicago, IL (773) 325-2800
Listing date Feb 20, 2026
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.
HighLights
- Four‑unit multifamily building with a mix of three 2‑bedroom/1‑bath units and one 3‑bedroom/1‑bath unit
- Separate utilities throughout: four individual HVAC heating units, four water heaters, and four electrical panels
- Tenant utility setup: tenants pay all utilities except water, which is paid by the owner
- Currently includes three long‑term tenant‑occupied units and one vacant unit
- 2‑car garage plus open parking
- Built in 1908 with vinyl siding and brick; serviced by public sewer and natural gas heating
Overview
The property is located at 3031 S Central Park Avenue in Chicago, IL 60623. Three of the four units are currently rented to long-term tenants, and one unit is vacant, giving the owner the option to move in while continuing to collect rental income from the occupied units.
For owner-occupants, the vacant unit can enable a house-hack setup with income from the remaining three units. For investors, the combination of long-term tenancy in three units and independent utilities across all four units can simplify day-to-day operations. The overall setup is designed to be low-maintenance and manageable for a wide range of buyers seeking a residential income property with immediate rental structure.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.714263
- Latitude
- 41.837943
