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1306 S Central Park Ave, Chicago, IL, 60623

10beds
3baths
--sqft
$499,999
--price/sqft
$3,817/moest. monthly cost
$152,680/yrincome needed

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

76
WalkingVery Walkable
65
TransitGood Transit
69
BikeBikeable

Schools

2/10
Herzl Elementary SchoolGrades PK-80.2 mi

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
    Cold WaveVery High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

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

MonthlyAnnual
Mortgage $2,528$30,336
Home Insurance *$439$5,268
Property Taxes $720$8,640
Electricity $130$1,569
Total$3,817$45,804
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$130,868/yr
40% on housing$114,510/yr
45% on housing$101,786/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

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.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 60623$215
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60623$160
Cook County$219

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

DateEventPrice
2021-03-17Sold$143,000
2016-03-18Sold$130,000
2016-01-05Pending sale$138,900
2015-10-02Price change$138,900
2015-09-26Price change$139,900
2015-09-10Price change$139,500
2015-08-04Price change$139,900
2015-07-28Price change$144,500
2015-07-21Price change$147,500
2015-06-19Listed for sale$149,900
2014-07-29Listing removed$155,000
2014-06-07Listed for sale$155,000
2014-02-13Listing removed$153,900
2014-01-29Listed for sale$153,900
2012-11-06Listing removed$800
2012-09-11Listed for rent$800
2007-03-15Sold$150,000

For Sale by Agent

AgentMark Minorczyk, ABR,BPOR,CNC,E-PRO,GRI,MRP,PSA,SFR
BrokerageKeller Williams ONEChicago

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