NOT LISTED FOR SALE

1120 N Central Park Ave Chicago, IL 60651

Humboldt Park Neighborhood
4 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold October 11, 2023

Last sale price $320,000

7 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 2-minute walk to Grand Park
  • Casals Elementary School Rated 9+

About This Home

As of October 2023

Introducing a remarkable investment prospect! This well-maintained 2-unit brick building presents two comfortable 2-bedroom, 1-bath units to suit your needs. The first floor, move-in ready unit offers immediate occupancy, while the second floor boasts a dependable, long-term CHA tenant providing a consistent $989 per month in rental income - guaranteed by the government. With separate utilities and gas forced air in both units, convenience is a given. Choose to reside in the inviting first-floor unit and benefit from the second-floor rental income, or alternatively, capitalize on the excellent rental potential of the first floor. Nestled on a delightful block in a prime location, this opportunity won't be available for long!

Last Agent to Sell the Property

Sam Shah

YBRS Realty Inc. License #475166155 Listed on: 08/28/2023

Last Buyer's Agent

Martin Andrade

YUB Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,181

Year Built

  • Built in 1926

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25 x 125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,181

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 320000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Forced Air
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 4181.27
  • Tax Year: 2021

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $320,000 0.0% --
09/05/2023 09/05/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $320,000 +526.2% --
06/11/2013 06/11/13 Sold $51,100 -26.8% --
05/01/2013 05/01/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $69,777 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11870817

Midwest Real Estate Data (MRED)