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$485,000 Just Listed
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Property Description
Welcome to 1015 N Central Avenue, a solid brick legal two-unit offering an excellent opportunity for investors or owner-occupants in Chicago. Featuring a covered front porch, a full finished basement, and a detached 2-car garage, this fully occupied property combines generous living space with numerous major improvements already completed. Both units are currently occupied with month-to-month tenants, providing flexibility for the next owner. The first-floor unit offers 2 bedrooms and 1 full bath, while the second-floor unit features 3 bedrooms and 1 full bath. The finished basement provides additional flexible living and recreation space along with a full bathroom. The property offers a total of 5 bedrooms and 3 full bathrooms throughout the building. Significant improvements include a full roof replacement in 2024, both water heaters replaced in 2023, both central air-conditioning units replaced in 2022, and the furnace serving the first floor and basement replaced in 2022. The first-floor kitchen features stainless steel appliances installed in 2019. The second-floor bathroom was remodeled in 2021 with vinyl flooring, and the second-floor hardwood floors were beautifully refinished in 2022. Exterior improvements include gutters replaced in 2021, tuckpointing completed along the front and south sides of the building in 2021, new concrete added to the rear parking area in 2021, and a concrete walkway along the rear side of the property completed in 2020. A detached 2-car garage provides additional parking and storage. Adding to the property's appeal, solar panels serve the first floor and basement, with the seller reporting an average ComEd electric bill of approximately $20 per month for those areas. Solar panels are not connected to the second-floor unit. Conveniently located near public transportation with a school directly across the street, this well-maintained brick two-unit offers space, accessibility, substantial improvements, and income-producing potential in one attractive package.
Full Property Details
Full Property Details for 1015 N Central Ave
General
- Price: $485,000
- Taxes: $5,082 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12733053
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
- Bathroom Features: Separate Shower
Bedrooms
- Total Bedrooms: 5
Additional Information
- Equipment: Ceiling Fan(s), Water Heater-Gas
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Austin
- County: Cook
- Township: West Chicago
- Driving Directions: CENTRAL AVE SOUTH OF NORTH AVE
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Brownstone
- Architectural Style: Brownstone
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Foundation: Block
- Roof: Asphalt, Flat
- Year Built: 1898
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.09
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Fence: Yes
- Zoning: MULTI
- Fencing (Description): Partial
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1898
- Tax Amount: $5,082
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16043100030000
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Schools
Schools serving 1015 N Central Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Brunson Math & Sci Specialty Elementary School 932 North Central Avenue, Chicago, IL 60651 | PK-8 | 0.1 mi |
Douglass Academy High School 543 North Waller Avenue, Chicago, IL 60644 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 1015 N Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,431
—
$23,000
10%
2023
$4,431
3%
$20,999
—
2022
$4,319
2%
$20,999
—
2021
$4,223
21%
$20,999
34%
2020
$3,504
21%
$15,729
-12%
2019
$2,902
2%
$17,874
—
2018
$2,852
-33%
$17,874
-10%
2017
$4,281
7%
$19,887
—
2016
$3,983
9%
$19,887
—
2015
$3,644
12%
$19,887
14%
2014
$3,245
2%
$17,491
—
2013
$3,181
1%
$17,491
—
2012
$3,139
—
$17,491
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1015 N Central Ave
1015 N Central Avenue, Chicago, IL 60651 (MLS# 12733053) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 1015 N Central Avenue is currently listed for $485,000 and was received on August 14, 2026. Want to learn more about 1015 N Central Avenue? Do you have questions about finding other Multi-Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

