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  3. 1645 N Central Park Avenue, Chicago, IL 60647

1645 N Central Park Avenue, Chicago, IL 60647

Active
Bedrooms6
Bathroms4
Parkings2
  • $495,000
23 More
27 More
780
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Description

Investor Goldmine! This is an ultra-rare value-add opportunity on a gigantic 177 Deep 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.

  • Residential Income
    Property Type
  • 6
    Bedrooms
  • 4
    Bathrooms
  • 2
    Garages
  • 1888
    Year Built

Property Documents

Property Overview

  • Property ID 12803809
  • Price $495,000
  • Bedrooms 6
  • Bathrooms 4
  • Rooms 27
  • Garages 2
  • Garage Size x x
  • Year Built 1888
  • Property Status Active
  • Property Type Residential Income

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