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2854 S Central Park Ave, Chicago, IL, 60623

5beds
2baths
896sqft
$348,500
$389price/sqft
$2,700/moest. monthly cost
$108,000/yrincome needed

About This Home

It's walking distance from the first of its kind Focal Point Community Campus by Saint Anthony Hospital. Fully Furnished Brick bungalow, it's beautiful, at 5 bedrooms 2 bathrooms with so many upgrades. The main level has 3 bedrooms, living room, bathroom, the kitchen has bungalow classic built-in hutch cabinets. The finished basement has two bedrooms or a possible home gym and office, a second living room/entertainment space, laundry hook up, and a bathroom. Room to grow, literally, there is a vented closet perfect for your next hydroponic garden. Backyard boasts a covered patio perfect for an outside third living area. Behind it sits a spacious backyard and two car garage. Home is fully furnished so it's AirBnb ready for any investor or move in ready for homebuyers. Nearby shopping, public transportation and convenient bike lanes. Schedule today!

Getting Around

79
WalkingVery Walkable
60
TransitGood Transit
56
BikeBikeable

Schools

4/10
Gary Elementary SchoolGrades PK,3-80.2 mi

Construction

Condition

  • Year built: 1929

Materials

  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedroom2

  • Level: Main
  • Area: 81
  • Dimensions: 9X9

Bedroom3

  • Level: Main
  • Area: 99
  • Dimensions: 9X11

Bedroom4

  • Level: Basement
  • Area: 120
  • Dimensions: 8X15

Bedroom5

  • Level: Basement
  • Area: 120
  • Dimensions: 8X15

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 0
  • Total interior livable area: 896 sqft

Kitchen

  • Level: Main
  • Area: 156
  • Dimensions: 13X12

Laundry

  • Level: Basement
  • Area: 35
  • Dimensions: 5X7

Living Room

  • Level: Main
  • Area: 168
  • Dimensions: 14X12

Master Bedroom

  • Level: Main
  • Area: 96
  • Dimensions: 12X8

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 16263230410000
  • Special condition: None

Features

  • Stories: 1

Lot

  • Lot size: 3,125 sqft
  • Lot size dimensions: 25X125

Parking

  • Total spaces: 2
  • Parking features: Yes,Garage Owned,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
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 $1,762$21,144
Home Insurance *$306$3,672
Property Taxes $502$6,024
Electricity $130$1,569
Total$2,700$32,400
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$92,571/yr
40% on housing$81,000/yr
45% on housing$72,000/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

$389This listing

vs Other Active Listings

Avg $/sqft

ZIP 60623$217
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
2026-01-12Price change$348,500
2025-11-12Listed for sale$387,546
2025-09-24Listing removed$275,000
2025-07-12Price change$275,000
2025-07-06Listed for sale$300,000
2015-10-08Sold$130,000

For Sale by Agent

AgentChristian Halsey
BrokerageCentury 21 IMPACT

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