PENDING
$10K PRICE DROP
1222 S Central Park Ave Chicago, IL 60623
North Lawndale NeighborhoodEstimated payment $1,073/month
Total Views
149,732
6
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
Opportunity is knocking in North Lawndale! This solid brick 2or possibly 3-Unit multifamily building is a total gut rehab ready for your vision. See architecture drawings and plans included in the sale of this classic Chicago streetscape, the building offers the perfect canvas to redesign and reconfigure to today's standards ideal for a value-add investor, seasoned rehabber, or owner-occupant looking to build equity fast. Surrounded by a pocket that's flourishing with new construction and recent renovations, this up-and-coming area continues to see strong revitalization momentum. Bring your architect and contractor-there's tons of upside here with the right plan, whether you're aiming for long-term rentals, a house-hack setup, or a future resale. Convenient access to major corridors, public transportation, parks, and the growing list of neighborhood amenities makes this a strategic play in a high-potential location. Sold as-is. Cash or rehab financing. Don't miss your chance to transform this property into a standout investment in one of Chicago's most exciting growth zones.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,897
Year Built
- Built in 1898
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Parking Spaces
- Parking Available
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,897 | $18,400 | $4,531 | $13,869 |
| 2024 | $2,897 | $18,400 | $4,531 | $13,869 |
| 2023 | $2,802 | $17,000 | $3,672 | $13,328 |
| 2022 | $2,802 | $17,000 | $3,672 | $13,328 |
| 2021 | $2,758 | $16,999 | $3,671 | $13,328 |
| 2020 | $1,792 | $11,120 | $3,671 | $7,449 |
| 2019 | $1,885 | $12,782 | $3,671 | $9,111 |
| 2018 | $1,852 | $12,782 | $3,671 | $9,111 |
| 2017 | $2,654 | $15,663 | $3,281 | $12,382 |
| 2016 | $3,349 | $19,218 | $3,281 | $15,937 |
| 2015 | $3,041 | $19,218 | $3,281 | $15,937 |
| 2014 | $2,809 | $17,709 | $3,125 | $14,584 |
| 2013 | $2,743 | $17,709 | $3,125 | $14,584 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/17/2026 03/17/26 | Pending | -- | -- | -- | |
| 03/16/2026 03/16/26 | Off Market | $159,900 | -- | -- | |
| 02/28/2026 02/28/26 | Price Changed | $159,900 | -5.9% | -- | |
| 02/13/2026 02/13/26 | For Sale | $169,900 | +54.5% | -- | |
| 12/10/2025 12/10/25 | Sold | $110,000 | +10.0% | -- | View Prior Sale |
| 11/24/2025 11/24/25 | Pending | -- | -- | -- | |
| 11/18/2025 11/18/25 | For Sale | $100,000 | 0.0% | -- | |
| 11/10/2025 11/10/25 | Pending | -- | -- | -- | |
| 10/31/2025 10/31/25 | For Sale | $100,000 | 0.0% | -- | |
| 09/30/2025 09/30/25 | Pending | -- | -- | -- | |
| 09/24/2025 09/24/25 | For Sale | $100,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
About the Listing Agent
Edgar R. Guerrero
REALTOR® | RE/MAX Legends
With over 12 years of real estate expertise and more than 35 years of proven success in sales and marketing, Edgar R. Guerrero is a trusted professional dedicated to helping clients achieve their real estate goals across Chicago and its surrounding communities.
As a seasoned agent with RE/MAX Legends, Edgar provides home buyers and sellers with personalized, responsive, and results-driven service. Known for his integrity, attention to
Edgar R.'s Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12568223
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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