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$485,000

Est. payment - /mo

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5 Beds

3 Baths

3,920 Sqft Lot

New

1015 N Central AVE Chicago, IL 60651

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12733053

Style Brownstone

Bedrooms 5

Year Built 1898

Annual Tax Amount $5,082

Tax Year 2025

Lot Size 3,920 Sqft

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property Description

Welcome to 1015 N Central Avenue, a solid brick legal two-unit offering an excellent opportunity for investors or owner-occupants in Chicago. Featuring a covered front porch, a full finished basement, and a detached 2-car garage, this fully occupied property combines generous living space with numerous major improvements already completed. Both units are currently occupied with month-to-month tenants, providing flexibility for the next owner. The first-floor unit offers 2 bedrooms and 1 full bath, while the second-floor unit features 3 bedrooms and 1 full bath. The finished basement provides additional flexible living and recreation space along with a full bathroom. The property offers a total of 5 bedrooms and 3 full bathrooms throughout the building. Significant improvements include a full roof replacement in 2024, both water heaters replaced in 2023, both central air-conditioning units replaced in 2022, and the furnace serving the first floor and basement replaced in 2022. The first-floor kitchen features stainless steel appliances installed in 2019. The second-floor bathroom was remodeled in 2021 with vinyl flooring, and the second-floor hardwood floors were beautifully refinished in 2022. Exterior improvements include gutters replaced in 2021, tuckpointing completed along the front and south sides of the building in 2021, new concrete added to the rear parking area in 2021, and a concrete walkway along the rear side of the property completed in 2020. A detached 2-car garage provides additional parking and storage. Adding to the property's appeal, solar panels serve the first floor and basement, with the seller reporting an average ComEd electric bill of approximately $20 per month for those areas. Solar panels are not connected to the second-floor unit. Conveniently located near public transportation with a school directly across the street, this well-maintained brick two-unit offers space, accessibility, substantial improvements, and income-producing potential in one attractive package.

Location

State IL

County Cook

Area Chi - Austin

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Natural Gas

Equipment Ceiling Fan(s), Water Heater-Gas

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt,Flat

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Ivan Blanco of eXp Realty

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106