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$1,100,000
97 Days Online

1854 S Central Park Avenue
Chicago, IL 60623

For Sale|Multi-Family|Active Under Contract
County:
Cook
Call Now: 312-766-7076
Is this the home for you? We can help make it yours.
312-766-7076
1854 S Central Park Avenue1854 S Central Park Avenue1854 S Central Park Avenue1854 S Central Park Avenue
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Beautiful 10 unit apartment building which actually has 2 separate addresses; 1852 and 1854 S. Central Park. 1854 has 3-3/1's and 1-2/1 and has been completely gutted and rehabbed. 1852 has 3-3/1's and 3-2/1's and was rehabbed a few years ago. New Elec, plumbing, windows, roof, etc. Most of the original hardwood floors could be saved, so they have been refinished. Top quality kitchen and bath cabinets and fixtures. Individual furnaces in each unit. Get top rents with this desirable unit mix in the best part of North Lawndale. Property will be delivered to new owner mostly vacant so they can lease up with their own choice of tenants. Pro forma income produces an 9.23% Cap Rate and 18.69% Cash on Cash Return at list price. As more and more investors, homeowners, and renters are discovering, North Lawndale is conveniently located approximately 6 miles west from the center of downtown Chicago, 1.5 miles south of the Eisenhower Expressway (I-290), and 2.4 miles north of the Stevenson Expressway (I-55). This property is located in the heart of North Lawndale, just 3/4 mile from Douglas Park (home to the renowned Riot Fest music festival) and just 1/2 block north of both the revitalized CTA #157 bus line and the CTA Pink Line (light rail) stop.

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Listing Snapshot
Price
$1,100,000
Days Online
97 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.14 Acres
Year Built
1924
MLS Number
11161435
Status
Active Under Contract
Property Tax
$9,504
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS
2 months agoStatus changed to Active Under Contract
3 months agoListing first seen online
General Features
Construction
Brick
Parking Spaces
0
Electric
Circuit Breakers
Acreage
0.14
Attached Garage
No
Number Of Stories
3
Parking Total
0
Interior Features
Fireplaces
0
Fireplace
No
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Exterior Features
Spa
No
Waterfront Property
No
Construction Details
Brick
Community Features
MLS Area
CHI - North Lawndale
This listing is part of the MRED data exchange program provided courtesy of Pearson Realty Group



The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than this office are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) 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. Information Deemed Reliable but Not Guaranteed. 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: 2021-10-23 08:25 PM UTC
MRED DMCA Copyright Information Copyright © 2021 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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