3031 South Central Park Avenue

Chicago IL 60623

Multi-Family

Currently for sale - view listing

Overview

Well-maintained 4-unit building located in the heart of Little Village. All units are in great condition with a desirable unit mix consisting of three 2-bedroom / 1-bath units and one 3-bedroom / 1-bath unit. The property features separate utilities throughout, including four individual HVAC heating units, four water heaters, and four electrical panels, providing efficient management and reduced owner expenses. Tenants pay all utilities except water, which is the only utility paid by the owner. Three units are currently rented to long-term tenants, offering stable income, while one unit is vacant, creating an excellent opportunity for investors or owner-occupants looking to house hack by living in one unit while collecting rental income from the others. Additional highlights include a 2-car garage and a solid, low-maintenance setup in a strong rental market. Ideal for buyers seeking a cash-flowing multifamily property with upside potential.

Features

9 bedrooms

4 bathrooms

2 carspaces

2 garage spaces

Multi-Family

Property history for 3031 South Central Park Avenue

2012

Sold

04 Jan 2012 by Michael Olszewski, of Area Wide Realty

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