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All-Brick Duplex with Approved Plans
New
For Sale
$580,000

4718 N Central Park Avenue, Chicago, IL 60625

Unfinished all-brick duplex renovation with separate utilities, in-unit laundry, and a rear parking pad.

Property SizeContact for details
Days on Market4

Property Features for 4718 N Central Park Avenue

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Public Transit Yes
Multifamily Units 2

Amenities

Natural Gas
Forced Air

Building Details

Year Built 1910
Buildings 1
Construction brick
Listing Agency: Jameson Sotheby's Intl Realty
Listed By: Chaya Benhiyoun · License #475172378
Source: Kw
Added: Sep 10 Changed: Sep 12 Last Checked: Sep 13 at 11:20AM

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 Jameson Sotheby's Intl Realty

Investment Insights

Based on property information with market context.

Built in 1910, this all-brick duplex is positioned for completion after an unfinished renovation. The property is legally configured as two units, with approved plans for a third. Both units are framed for three bedrooms and one-and-a-half baths, with in-unit washer and dryer connections and separate utilities. Existing work includes framing, rough electrical and plumbing, a basement excavated for 7-foot ceilings, drain tile, and a sump pump. Natural gas and forced-air systems are present.

The oversized lot includes a rear parking pad accommodating 5–6 tandem spaces. The property is located at 4718 N Central Park Avenue in Chicago, near the Lawrence and Kimball El station area.

Key Highlights

  • Legal 2‑unit duplex with approved plans for 3 units
  • All‑brick building constructed in 1910 on an oversized lot
  • Each unit framed for 3 bedrooms and 1.5 baths

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic Acupuncture Hotel & Motel Bed & Breakfast (Bike/Boat/Book/etc) 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

2,551
Businesses Nearby

Demographics for 60625, IL

76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Unfinished all-brick duplex renovation with separate utilities, in-unit laundry, and a rear parking pad.
Where is this duplex located?
The property is located at 4718 N Central Park Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Legal 2‑unit duplex with approved plans for 3 units; All‑brick building constructed in 1910 on an oversized lot; Each unit framed for 3 bedrooms and 1.5 baths
More about this property
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