Exceptional investment opportunity in the historic North Lawndale neighborhood-home to Chicago’s largest concentration of classic Greystones-this solid 3-unit building offers versatility for both investors and owner-occupants. The property features a fenced backyard, enclosed rear porch, and separate utilities with tenants responsible for gas (cooking/heat), electricity, and hot water; each unit has its own gas water heater & furnace. The building is equipped with 3 gas meters, 4 electric meters, and 4 circuit breaker panels. The 1st and 2nd floor units showcase recently refinished and stained hardwood floors, while the lower level features tile flooring throughout. All units have been freshly painted and include updated kitchens and bathrooms, double-pane windows, and modern light fixtures. The spacious 2nd-floor unit offers 4 bedrooms, a full bath, living room, dining room, updated kitchen with stainless steel appliances and granite countertops, abundant closet space, enclosed porch, and separate utility room; the 1st-floor unit mirrors a similar layout with 4 bedrooms and updated finishes; the lower-level unit includes 2 bedrooms, full bath, bonus room, living and dining areas, updated kitchen with granite countertops, enclosed porch, and separate utility area. Ideally located near I-290, minutes from downtown Chicago, and served by the CTA Pink Line (Kedzie, Central Park, Pulaski, Kostner stations), with close proximity to the expansive 162-acre Douglass Park offering pools, sports fields, fitness center, and cultural amenities. A rare opportunity to own a well-maintained, income-generating property in a vibrant and growing community-perfect for live-in ownership or portfolio expansion.
Property Details
Price:
$499,999
MLS #:
MRD12594200
Status:
Active
Beds:
10
Baths:
3
Type:
Multi Family
Neighborhood:
chinorthlawndale
Listed Date:
Mar 25, 2026
Year Built:
1927
See this Listing
Schools
School District:
299
Elementary School:
Herzl Elementary School
Middle School:
Herzl Elementary School
High School:
John Hope College Preparatory Se
Interior
Heating
Natural Gas, Forced Air
Exterior
Architectural Style
Greystone
Community Features
Park, Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Vinyl Siding, Brick, Frame, Stone
Other Structures
None
Roof
Asphalt
View
Water
Window Features
Screens
Financial
Tax Year
2024
Taxes
$4,405
Map
Community
- Address1306 S Central Park Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60623
Market Summary
Current real estate data for Multi Family in Chicago as of May 16, 2026
1,364
Multi Family Listed
79
Avg DOM
$516,038
Avg List Price
Property Summary
- 1306 S Central Park Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60623. It is listed for $499,999
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Copyright 2026. All rights reserved.
1306 S Central Park Avenue
Chicago, IL


