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Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
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888 317 9983
Fax:
773 664 0013
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1645 Central Park Avenue
Chicago, IL 60647
Cook, US
$595,000.00 listing calculator
Status: Active (For Sale)
Type: Multi Family
Year Built: 1888
Bedrooms: 6
Bathrooms: 4
MLS ID: 12615837


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Overview
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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.

Courtesy Of: Compass


Feature Highlights


  • Built Before 1978

General Features


List Date:
05/09/2026

Interior Features


Bedrooms Possible:
6
Rooms Total:
27

Exterior Features and Amenities


Lot Size Dimensions:
25 x 177
Parking Total:
2

Financial


Days On Market:
7
Tax Annual Amount:
$6,494.00
Tax Year:
2023

Other Features


Elementary School District:
299
High School District:
299
Middle Or Junior School District:
299
Age:
100+ Years


Directions


North Avenue to Central Park, this is just South of the 606

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2026-05-25
.

Copyright 2026 MRED LLC

The information presented here is deemed reliable, though not guaranteed.
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About
Contact Events Blog Nikki Mayer
Buyers
Buyer's Resources Dream Home Finder Buyer Agent Information
Sellers
Seller's Resource Market Analysis
Listings
Search Listings Buyer Agents Hometown Real Estate Group Listings Office Listings Featured Listings Recently Sold Untitled Untitled
Community
Resources
Mortgage Info
Mortgage Calculator Mortgage Rates Loan Quote
Our Agents
Meet Our Agents