For Sale

Listed by Ivan Blanco

Source: Midwest Real Estate Data, LLC #12733053

1015 N Central Ave, Chicago, IL, 60651

$485,000

5
3
2
0.09 ac.

MultiFam

•

21 days on the market

What's around 1015 N Central Ave

About this property

Welcome to 1015 N Central Avenue, a solid brick legal two-unit offering an excellent opportunity for investors or owner-occupants in Chicago. Featuring a covered front porch, a full finished basement, and a detached 2-car garage, this fully occupied property combines generous living space with numerous major improvements already completed. Both units are currently occupied with month-to-month tenants, providing flexibility for the next owner. The first-floor unit offers 2 bedrooms and 1 full bath, while the second-floor unit features 3 bedrooms and 1 full bath. The finished basement provides additional flexible living and recreation space along with a full bathroom. The property offers a total of 5 bedrooms and 3 full bathrooms throughout the building. Significant improvements include a full roof replacement in 2024, both water heaters replaced in 2023, both central air-conditioning units replaced in 2022, and the furnace serving the first floor and basement replaced in 2022. The first-floor kitchen features stainless steel appliances installed in 2019. The second-floor bathroom was remodeled in 2021 with vinyl flooring, and the second-floor hardwood floors were beautifully refinished in 2022. Exterior improvements include gutters replaced in 2021, tuckpointing completed along the front and south sides of the building in 2021, new concrete added to the rear parking area in 2021, and a concrete walkway along the rear side of the property completed in 2020. A detached 2-car garage provides additional parking and storage. Adding to the property's appeal, solar panels serve the first floor and basement, with the seller reporting an average ComEd electric bill of approximately $20 per month for those areas. Solar panels are not connected to the second-floor unit. Conveniently located near public transportation with a school directly across the street, this well-maintained brick two-unit offers space, accessibility, substantial improvements, and income-producing potential in one attractive package.

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