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Multi family home for sale at 1617 S Central Park Ave, Chicago, IL 60623 | MLS# 12800290 | Listing updated on 2026-11-03
Photo 1 of Multi family home for sale at 1617 S Central Park Ave, Chicago, IL 60623 | MLS# 12800290 | Listing updated on 2026-11-03
Photo 2 of Multi family home for sale at 1617 S Central Park Ave, Chicago, IL 60623 | MLS# 12800290 | Listing updated on 2026-11-03
Photo 3 of Multi family home for sale at 1617 S Central Park Ave, Chicago, IL 60623 | MLS# 12800290 | Listing updated on 2026-11-03
Photo 4 of Multi family home for sale at 1617 S Central Park Ave, Chicago, IL 60623 | MLS# 12800290 | Listing updated on 2026-11-03
25+
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Street View

$325,000

Monthly Est:$1,618

  • Beds Icon9 Beds
  • Beds Icon
    3 Baths
  • Beds Icon--sqft

1617 S Central Park Ave, Chicago, IL 60623

$1,618/moEst:

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  • Multi Family

  • Built in 1894

  • $-- HOA

  • -- sqft lot

  • --/sqft

Description

Investor's Dream: Fully Updated Two-Flat with Income Potential in North Lawndale! This spacious brick two-flat in Chicago's vibrant North Lawndale neighborhood is a rare opportunity for investors seeking a turnkey rental property with excellent income potential. Currently generating rental income from both units, this property offers 9 bedrooms and 3 full bathrooms, providing ample living space for tenants or future expansion. Recent upgrades make this property stand out. Two brand-new furnaces were installed this year, with the system zoned for two (expandable to three) for optimal comfort and efficiency. The plumbing has also been fully updated, including a new hot water tank and main shut-off, while the second-floor unit has been completely remodeled with fresh finishes and modern updates. Major improvements include a 2024 roof replacement, a 2026 HVAC system upgrade, and a 2024 water heater replacement. While the basement still offers renovation potential, the rest of the property is move-in ready. Enjoy the convenience of a rear parking area for up to four vehicles, plus proximity to public transportation, shopping, dining, and major city routes. Don't miss your chance to own this well-maintained, income-producing gem in a sought-after location. Whether you're expanding your portfolio or securing a smart investment, this two-flat is a must-see! PROPERTY IS BEING SOLD AS-IS.

  • Houzeo last checked: 12 minutes ago
  • Listing updated: November 3, 2026 at 5:13 pm
  • Listing Provided by: Jessica Macey , Henry Do DRE #475196661 | Real Broker LLC (217) 960-8605
  • Source: MRED MLS-IL as distributed by MLS GRID | MLS#: 12800290 MRED MLS-IL as distributed by MLS GRID

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Cook County

  • City

    Chicago

  • Neighborhood

    North Lawndale

  • Year Built

    1894

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12800290

  • MLS Status

    New

  • Days on Market

    1

Open House

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 9

    Bathrooms: 3

Interior

  • Sewer

    Public Sewer

  • Heating

    Forced Air

Construction

  • Year Built

    Year Built: 1894

  • Home type

    Multi Family

  • Construction Materials

    Brick

Utilities & Energy

  • Water Source

    Lake Michigan

  • Parking Features

    Off Street, Yes, Owned

  • Basement

    Unfinished, Full

Price History

DateEventPrice

11/02/2026

Source: mls_logoMRED MLS-IL #MRD12789409

Listed for Sale

$270,000 -26.03%

$0/sqft

12/12/2025

Source: mls_logoMRED MLS-IL as distributed by MLS GRID #MRD12521196

Listing Removed

$365,000 +4.29%

$0/sqft

12/12/2025

Source: mls_logoMRED MLS-IL #MRD12532118

Listed for Sale

$350,000 -4.11%

$0/sqft

11/27/2025

Source: mls_logoMRED MLS-IL #MRD12521196

Price Decreased

$365,000 -2.67%

$0/sqft

11/20/2025

Source: mls_logoMRED MLS-IL #MRD12521196

Listed for Sale

$375,000 +22.15%

$0/sqft

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North Lawndale Ranks #63 in Chicago, IL

Homes for sale
95

Homes

Rental prices
$1,034

Rental Prices

Median Home Price
$460K

Median Home Price

North Lawndale, Chicago, IL neighborhood guide

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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Nov 04, 2026, 03:30AM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Nov 04, 2026, 03:30AM. All data is obtained from various sources and has not been, and will not be, 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved

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