720 Central Park Avenue, Humboldt Park, Chicago, Illinois 60624
$724,900
|
For Sale
|
|
| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 11 |
| Baths: | 0 |
| Year Built: | 2007 |
| Property Taxes: | $8,317 |
| Days On Market: | 4 |
| Lot Size: | 0,00 |
Description
Discover an incredible multi-family asset in a booming neighborhood with unlimited income potential. Originally constructed as luxury condominiums-offering an investor the future flexibility to deconvert and sell individually-this fully gated building delivers top-notch construction and modern convenience throughout. Property Highlights: Spacious Layouts: Three expansive units, each offering approximately 1,400 sq. ft. of living space with hardwood floors throughout and convenient in-unit laundry. Unit Features: Each unit boasts 3 bedrooms and 2 full bathrooms, including a private en-suite 2nd bath in the primary bedroom. Enjoy a large, well-appointed kitchen and dining area with abundant cabinetry and newer stainless steel appliances, plus private outdoor decks accessible from both the primary bedroom and kitchen. Flexible Living Options: The first-floor unit was originally configured as a 5-bedroom, 3-bathroom duplex-down with a spacious family room. Currently converted to a 2-bedroom, 1-bathroom layout, it can easily be converted back for related living or duplex-down arrangements. Utilities & Efficiency: Independent HVAC and central air for every unit. Equipped with 4 gas meters and 4 electric meters-the owner pays water only. Recent Upgrades & Maintenance: Brand new roof installed in 2023, newer mechanical equipment in most units, and recent tuckpointing and block sealing (October 2026). Exterior & Security: Fully gated property featuring 3 secure parking spaces and dedicated secure storage for every unit. Prime Location: Situated directly across the street from a wonderful neighborhood park in a rapidly growing area surrounded by new development. Financial Potential: With estimated rental values easily reaching $2,500 per unit, this turnkey property represents a fantastic, high-yield addition to any investor's portfolio. Units 1-3 are projected, unit 4 is actual.
Property Specifics
| Multi-unit | |
| — | |
| Contemporary | |
| 2007 | |
| Partially Finished, Full | |
| Brick, Masonite | |
| Rubber | |
| — | |
| No | |
| 0 |
| Cook | |
| — | |
| — / — | |
| — | |
| Lake Michigan | |
| Public Sewer | |
| — | |
| Gas | |
| 12792292 | |
| 16111070290000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 27 Oct, 2026 | Listed for sale | $724,900 | MRED MLS |
Some photos of this home have been virtually staged.
Room Specifics
Total Bedrooms: 11
Bedrooms Above Ground: 11
Bedrooms Below Ground: 0
Full Bathrooms: 7
Bathroom Amenities: Whirlpool
Bathroom in Basement: —
Rooms: —
Other Specifics
| — | |
| Concrete Perimeter | |
| Assigned | |
| — | |
| — | |
| Deck | |
| — | |
| — | |
| 30X125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $8,317 |
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