+Multiple Offers Received, Best and Highest Wednesday, June 17th at 12 Noon+ 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.
Active
Price cut: $99K (6/10)
$400,000
1645 N Central Park Ave, Chicago, IL 60647
6beds
--sqft
Multi Family
Built in 1888
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Beautiful park directly behind
- 42 days |
- 1,783 |
- 117 |
Zillow last checked:
Listing updated:
Listed by:
Santiago Valdez 773-858-2410,
Compass,
Elizabeth Pyle 773-383-5417,
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12615837
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Features
- Basement: Partially Finished,Full
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 4,425 Square Feet
- Dimensions: 25 x 177
Details
- Parcel number: 13354180060000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: American 4-Sq.
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1888
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Other, Park
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $420,010
- Annual tax amount: $6,494
- Date on market: 5/9/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$3,591/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Price change | $400,000-19.8% |
Source: | ||
| 5/29/2026 | Price change | $499,000-16.1% |
Source: | ||
| 5/9/2026 | Listed for sale | $595,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $42,001 +23.5% |
| 2023 | $6,494 +3.2% | $34,000 |
| 2022 | $6,290 +2% | $34,000 |
| 2021 | $6,167 +3.2% | $34,000 +13.6% |
| 2020 | $5,975 -4% | $29,922 -13% |
| 2019 | $6,221 +1.7% | $34,394 |
| 2018 | $6,115 +22.1% | $34,394 +29.1% |
| 2017 | $5,009 +3.6% | $26,644 |
| 2016 | $4,836 +9.9% | $26,644 |
| 2015 | $4,402 +1.2% | $26,644 +2.4% |
| 2014 | $4,349 +236% | $26,007 +252.4% |
| 2013 | $1,294 -69.3% | $7,379 -71.6% |
| 2012 | $4,219 +2.8% | $26,007 -11.4% |
| 2011 | $4,105 +2.9% | $29,369 |
| 2010 | $3,990 +81.3% | $29,369 |
| 2009 | $2,201 -50.6% | $29,369 -22.3% |
| 2008 | $4,460 +9.6% | $37,806 |
| 2007 | $4,071 +23.1% | $37,806 |
| 2006 | $3,307 +11.7% | $37,806 +48.6% |
| 2005 | $2,961 +3.6% | $25,440 |
| 2004 | $2,859 -29% | $25,440 |
| 2003 | $4,026 +62.1% | $25,440 +84% |
| 2002 | $2,483 +3.8% | $13,823 |
| 2001 | $2,394 +7.9% | $13,823 |
| 2000 | $2,218 -0.7% | $13,823 +19.7% |
| 1999 | $2,233 | $11,548 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Logan Square
Nearby schools
GreatSchools rating
- 3/10Stowe Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 3/10North-Grand High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Cook County
- Chicago
- 60647
- Logan Square
- 1645 N Central Park Ave






