For Sale

Listed by Santiago Valdez and Amber Hom(Do not merge) from Compass

Source: Midwest Real Estate Data, LLC #12615837

1645 North Central Park Avenue, Chicago, IL, 60647

$595,000

6
4
2

MultiFam

•

17 days on the market

What's around 1645 North Central Park Avenue

About this property

Investor Goldmine! This is an ultra-rare value-add opportunity on a gigantic 177 ft lot backing right up to Simons Park and with immediate access to the 606 Trail. The building features highly desirable 3-bedroom, 2-bathroom layouts in both primary units, offering fantastic rent potential. The property is being sold with existing city code violations requiring the removal of the current basement unit and the reinforcement or rebuilding of the rear stairs. For a savvy buyer, this is the ultimate catalyst for forced appreciation through sweat equity. Situated perfectly within Chicago's ADU allowed area, the mandatory lower-level remediation provides a clean slate to pull permits and legally build out at least one, and potentially two, Additional Dwelling Units. Transform this into your cash flowing gem. Unbeatable, quickly appreciating location to coffee shops, grocery stores, minutes to Logan Square and with immediate access to the 606 trail and a beautiful park directly behind. Bring your contractor to capitalize on this incredible potential. Sold strictly as-is.

Looking for more information on 1645 North Central Park Avenue?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties for sale nearby

For Sale
$685,000
2441 North Hamlin Avenue
Chicago IL 60647
6
2
3
Multi-Family
Listing courtesy of Pure Urban Real Estate
For Sale
$825,000
3450 W Diversey Ave
Chicago IL 60647
6
4
3
Multi-Family
Listing courtesy of Compass
Under Contract
$599,900
2110 North Avers Avenue
Chicago IL 60647
6
2
2
Multi-Family
Listing courtesy of Grandview Realty, LLC

Other properties for sale by Compass

For Sale
$515,000
1206/21 W Chestnut St
Chicago IL 60610
2
2
1
Condo
Listing courtesy of Compass
For Sale
$1,129,000
501/3946 N Ravenswood Ave
Chicago IL 60613
4
3
2
Condo
Listing courtesy of Compass
For Sale
$475,000
B12/5400 South Hyde Park Boulevard
Chicago IL 60615
3
2
1
Condo
Listing courtesy of Compass

Browse properties sold in nearby areas

Based on information submitted to the MLS GRID as of 10 May 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent