REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Samuel Stella

sam@stellarresultsrealty.com +1(224) 426-4652

$ 724,900

Est. payment -/mo

Save

New

720 N CENTRAL PARK AVE Chicago, IL 60624

11 Beds

7 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12792292

Style Contemporary

Bedrooms 11

Year Built 2007

Annual Tax Amount $8,317

Tax Year 2025

Lot Dimensions 30X125

Property Sub-Type Two to Four Units

Property Description

Discover an incredible multi-family asset in a booming neighborhood with unlimited income potential. Originally constructed as luxury condominiums-offering an investor the future flexibility to deconvert and sell individually-this fully gated building delivers top-notch construction and modern convenience throughout. Property Highlights: Spacious Layouts: Three expansive units, each offering approximately 1,400 sq. ft. of living space with hardwood floors throughout and convenient in-unit laundry. Unit Features: Each unit boasts 3 bedrooms and 2 full bathrooms, including a private en-suite 2nd bath in the primary bedroom. Enjoy a large, well-appointed kitchen and dining area with abundant cabinetry and newer stainless steel appliances, plus private outdoor decks accessible from both the primary bedroom and kitchen. Flexible Living Options: The first-floor unit was originally configured as a 5-bedroom, 3-bathroom duplex-down with a spacious family room. Currently converted to a 2-bedroom, 1-bathroom layout, it can easily be converted back for related living or duplex-down arrangements. Utilities & Efficiency: Independent HVAC and central air for every unit. Equipped with 4 gas meters and 4 electric meters-the owner pays water only. Recent Upgrades & Maintenance: Brand new roof installed in 2023, newer mechanical equipment in most units, and recent tuckpointing and block sealing (October 2026). Exterior & Security: Fully gated property featuring 3 secure parking spaces and dedicated secure storage for every unit. Prime Location: Situated directly across the street from a wonderful neighborhood park in a rapidly growing area surrounded by new development. Financial Potential: With estimated rental values easily reaching $2,500 per unit, this turnkey property represents a fantastic, high-yield addition to any investor's portfolio. Units 1-3 are projected, unit 4 is actual.

Location

State IL

County Cook

Area Chi - Humboldt Park

Rooms

Basement Partially Finished, Full

Interior

Heating Gas

Fireplace N

Exterior

Roof Type Rubber

Building

Dwelling Type Two to Four Units

Building Description Brick,Masonite, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick,Masonite

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by George Ayling of Select a Fee RE System

NEARBY SCHOOLS & PROPERTIES

Samuel Stella

Designated Managing Broker / Owner License ID: 471.021016

+1(224) 426-4652

GET MORE INFORMATION

QUICK SEARCH

There are 33 quick searches

Samuel Stella

720 N CENTRAL PARK AVE Chicago, IL 60624

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Go tour this home

720 N CENTRAL PARK AVE