




1306 S Central Park Ave, Chicago, IL, 60623
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 1927
Materials
- Roof: Asphalt
- Construction materials: Vinyl Siding,Brick,Frame,Stone
Notable Dates
- Major remodel year: 2007
Other
- Builder model: 3 Flat (2 units 4 beds each, 1 unit 2 beds)
Type & Style
- Home type: MultiFamily
- Architectural style: Greystone
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Multiple Water Heaters,Gas Water Heater
Basement
- Basement: None
Bathroom
- Features: Soaking Tub
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 3
- Full bathrooms: 3
Features
- Window features: Screens
Heating
- Heating features: Natural Gas,Forced Air
Property
Details
- Parcel number: 16231130140000
- Zoning: MULTI
- Special condition: List Broker Must Accompany
- Other equipment: Ceiling Fan(s)
Features
- Has view: Yes
- View description: Water
- Water view: Water
Lot
- Lot size: 3,049 sqft
- Lot size dimensions: 25X125
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Inland Flooding
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,528 | $30,336 |
| Home Insurance * | $439 | $5,268 |
| Property Taxes | $720 | $8,640 |
| Electricity | $130 | $1,569 |
| Total | $3,817 | $45,804 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2021-03-17 | Sold | $143,000 |
| 2016-03-18 | Sold | $130,000 |
| 2016-01-05 | Pending sale | $138,900 |
| 2015-10-02 | Price change | $138,900 |
| 2015-09-26 | Price change | $139,900 |
| 2015-09-10 | Price change | $139,500 |
| 2015-08-04 | Price change | $139,900 |
| 2015-07-28 | Price change | $144,500 |
| 2015-07-21 | Price change | $147,500 |
| 2015-06-19 | Listed for sale | $149,900 |
| 2014-07-29 | Listing removed | $155,000 |
| 2014-06-07 | Listed for sale | $155,000 |
| 2014-02-13 | Listing removed | $153,900 |
| 2014-01-29 | Listed for sale | $153,900 |
| 2012-11-06 | Listing removed | $800 |
| 2012-09-11 | Listed for rent | $800 |
| 2007-03-15 | Sold | $150,000 |
For Sale by Agent
