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About the Listing 87291 - 149539,856154
Investor Goldmine! This is an ultra-rare value-add opportunity on a gigantic 177 ft lot backing right up to Simons Park and with immediate access to the 606 Trail. The building features highly desirable 3-bedroom, 2-bathroom layouts in both primary units, offering fantastic rent potential. The property is being sold with existing city code violations requiring the removal of the current basement unit and the reinforcement or rebuilding of the rear stairs. For a savvy buyer, this is the ultimate catalyst for forced appreciation through sweat equity. Situated perfectly within Chicago's ADU allowed area, the mandatory lower-level remediation provides a clean slate to pull permits and legally build out at least one, and potentially two, Additional Dwelling Units. Transform this into your cash flowing gem. Unbeatable, quickly appreciating location to coffee shops, grocery stores, minutes to Logan Square and with immediate access to the 606 trail and a beautiful park directly behind. Bring your contractor to capitalize on this incredible potential. Sold strictly as-is.
Listing Highlights
Status
Active
Days on Site
22
Property Type
Multi-Family
MLS ®
12615837
Year Built
1888
Total Square Footage
0
Lot/Acreage
25 x 177
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished,Full
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 25 x 177
- Zoning: MULTI
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Garage Owned,Detached,Garage
Financial Details
- Tax Amount: $6,494
- Taxes w/Assessments: N/A
- Tax/Property ID: 13354180060000
- Tax Year: 2023
Payment Calculator
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Questions About..
1645 N Central Park Ave Chicago, IL 60647
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