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  • Price cut: $10K (7/20)
    $464,900

    3031 S Central Park Ave, Chicago, IL 60623

    9beds
    --sqft
    : 
    $3,531/mo
    Get pre-qualified
    Multi Family
    Built in 1908
    -- sqft lot
    $454,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Don't miss out on this SOLID BRICK 4-UNIT in the heart of LITTLE VILLAGE, an area known for its STRONG RENTAL DEMAND and CONSISTENT TENANT POOL! This CASH-FLOWING property features a SPACIOUS 3-BEDROOM UNIT with a RECENTLY UPDATED BATHROOM, offering modern comfort and added appeal. The three additional units each feature 2 BEDROOMS and 1 BATHROOM, providing excellent RENTAL POTENTIAL. The property also includes an UNFINISHED BASEMENT for TENANT STORAGE and a 2-CAR GARAGE with RECENTLY REPLACED SIDING. Conveniently located near I-55, the CTA PINK LINE, and MULTIPLE BUS ROUTES, this property offers EASY ACCESS for COMMUTERS, STUDENTS, and EVERYDAY RENTERS. Whether you're looking to GROW YOUR PORTFOLIO or purchase your FIRST INVESTMENT PROPERTY, this is a fantastic opportunity to own a TURNKEY, INCOME-PRODUCING property with STRONG CASH FLOW and LONG-TERM UPSIDE!
    11 days
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    166
    |
    14
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    Zillow last checked:

    Listing updated:

    Listed by:

    Xochil Wendy Escobar 708-990-0786,

    Realty of America, LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12710305MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Natural Gas
      Features
      • Basement: Unfinished,Full

      Property

      Parking
      • Total spaces: 2
      • Parking features: Yes, Garage Owned, Detached, Garage
      • Garage spaces: 2
      Lot
      • Size: 3,125 Square Feet
      • Dimensions: 25X125
      Details
      • Parcel number: 16264240130000
      • Zoning: MULTI
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 1908

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Lake Michigan, Public

      Community & HOA

      Location
      • Region: Chicago

      Financial & listing details

      • Tax assessed value: $260,000
      • Annual tax amount: $3,164
      • Date on market: 7/20/2026
      • Ownership: Fee Simple

        Estimated market value

        $454,500

        $432,000 - $477,000

        $1,758/mo

        Price history

        DateEventPrice
        7/20/2026Price change$464,900-2.1%
        Source: MRED as distributed by MLS GRID #12710305 Report a problem
        7/6/2026Listed for sale$474,900-1%
        Source: MRED as distributed by MLS GRID #12663350 Report a problem
        6/22/2026Listing removed$479,900
        Source: MRED as distributed by MLS GRID #12570601 Report a problem
        5/20/2026Listing removed$479,900
        Source: MRED as distributed by MLS GRID #12570601 Report a problem
        3/17/2026Contingent$479,900
        Source: MRED as distributed by MLS GRID #12570601 Report a problem
        3/9/2026Price change$479,900-2%
        Source: MRED as distributed by MLS GRID #12570601 Report a problem
        2/20/2026Listed for sale$489,900+2.1%
        Source: MRED as distributed by MLS GRID #12570601 Report a problem
        9/15/2025Listing removed$479,900
        Source: MRED as distributed by MLS GRID #12449512 Report a problem
        8/18/2025Price change$479,900-1%
        Source: MRED as distributed by MLS GRID #12449512 Report a problem
        8/2/2025Listed for sale$484,900
        Source: MRED as distributed by MLS GRID #12436191 Report a problem
        7/23/2025Contingent$484,900
        Source: MRED as distributed by MLS GRID #12413177 Report a problem
        7/8/2025Price change$484,900-2%
        Source: MRED as distributed by MLS GRID #12413177 Report a problem
        6/12/2025Listed for sale$494,900+49489900%
        Source: MRED as distributed by MLS GRID #12391312 Report a problem
        1/4/2012Sold$1-100%
        Source: MRED as distributed by MLS GRID #07968073 Report a problem
        7/30/1999Sold$139,500
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,562 +85.1%$26,000 +73.3%
        2023$2,465 +3.5%$14,999
        2022$2,382 +1.5%$14,999
        2021$2,346 -28.5%$14,999 -15.9%
        2020$3,282 -5.6%$17,837 -14%
        2019$3,478 +1.7%$20,741
        2018$3,418 -10.7%$20,741 -2%
        2017$3,829 +2.4%$21,164
        2016$3,739 +10%$21,164
        2015$3,398 +22.4%$21,164 +20.8%
        2014$2,775 +2.4%$17,527
        2013$2,710 -13.9%$17,527
        2012$3,145 -12.1%$17,527 -20.6%
        2011$3,578 -0.4%$22,082
        2010$3,593 +4.4%$22,082
        2009$3,443 +5.5%$22,082 -2.9%
        2008$3,263 -23.2%$22,745 -24%
        2007$4,248 -1.1%$29,910
        2006$4,294 +53.7%$29,910 +75%
        2005$2,793 +1%$17,091
        2004$2,765 +24.6%$17,091
        2003$2,219 -5.4%$17,091 +14.9%
        2002$2,346 +5.4%$14,880
        2001$2,226 -11.2%$14,880
        2000$2,506 $14,880 +14.1%
        1999-- $13,046
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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: Little Village

        Getting around

        73 / 100
        Very Walkable
        60 / 100
        Good Transit
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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