1647 Central Park Avenue, North Lawndale, Chicago, Illinois 60623


$319,900

Sold
Status: Closed
Sqft: 0
Cost/Sqft: —
Beds: 7
Baths: 0
Year Built: —
Property Taxes: $1,028
Days On Market: 1931
Lot Size: 0,00

Description

This lovely Greystone 2-flat is 80% renovated and located in one of Chicago's hottest neighborhoods - North Lawndale! The remaining 20% in renovations required consists of finishing the basement and external/curb appeal items. Renovations were performed with city permits! The basement has the potential to be converted into a legal garden apartment as the ceiling height meets the city requirements! Renovated 2-flats with finished basements sold for an average of $380,000 within a square mile of the subject property - this provides the buyer with the available upside necessary to finish this property to their liking! Excellent project for an FHA 203k buyer that plans to finish the basement and live for free by renting the other two units! Great "house hacking" opportunity an owner occupant buyer! This property features one 4-bedroom, 1-bath unit and one 3-bedroom, 1-bath unit. Both units have been completely renovated and have individual brand-new mechanicals! 4-bedroom units can rent for up to $1,600 per month and updated 3-bedroom units can rent for up to $1,400 per month in this neighborhood! Rent the garden apartment for $1,000 per month and that's $4,000 in monthly rental revenue! Newly constructed back porch! Seller is offering a $10,000 closing credit to help with buyer closing costs and to pay for unit appliances! Come take a tour and make an offer!

Property Specifics

Multi-unit
—
Greystone
—
Full, Walkout
Brick
Rubber
—
No
—
Cook
—
— / —
—
Lake Michigan, Public
Public Sewer
—
Natural Gas, Forced Air
11081068
16234000170000

Property History

DATE: EVENT: PRICE: SOURCE:
17 Nov, 2021 Sold $319,900 MRED MLS
4 Oct, 2021 Under contract $319,900 MRED MLS
— Last price change $324,900 MRED MLS
24 Jul, 2021 Listed for sale $324,900 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: Full, Walkout

Other Specifics

—
Concrete Perimeter
None
—
—
—
—
—
28 X 125
—
—
—
—
Not in DB
Sidewalks, Street Lights, Street Paved
—
—

Tax History

Year Property Taxes
2021 $1,028

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Listing Provided By

Straight-A Realty, LLC