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$265,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 6 hours ago
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Solid Greystone two-flat in North Lawndale offering a great investment opportunity. In addition to both units feature 3 bedrooms and 1 bathroom, the property includes two exterior parking spaces and saw updates to the electrical, plumbing, and HVAC in 2024. Tenant occupied, providing immediate rental income for the next owner. A great chance to add a classic Chicago Greystone to your portfolio in a neighborhood seeing continued growth.

Full Property Details for 1427 S Central Park Ave

General

  • Price: $265,000
  • Taxes: $4,839 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12584027
  • Updated: 3/6/2026
  • Added to Site: 1 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Other Features: Commuter Bus, Commuter Train, Interstate Access

Parking

  • Total Spaces: 2
  • Parking Features: Unassigned, Off-Alley, Yes, Owned

Location

  • Area: CHI - North Lawndale
  • County: Cook
  • Township: Jefferson
  • Driving Directions: Roosevelt to Central Park, south to property.

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

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Year Built: 1904
  • Built Before 1978: Yes
  • Remodeled/Updated: 2010

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 30 x 125
  • Zoning: MULTI

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1904
  • Tax Amount: $4,839.61
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 16232140090000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 1427 S Central Park Ave —

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1427 S Central Park Ave

School District:Chicago Public School District 299
NameGradesDistance
Dvorak Technology Acad Elementary School
3615 West 16th Street, Chicago, IL 60623
K-80.2 mi
Farragut Career Academy High School
2345 South Christiana Avenue, Chicago, IL 60623
9-110.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1427 S Central Park Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/05/2026
Listed
$265,000
-31.17%
MLS
10/26/2007
Sold
$385,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1427 S Central Park Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,446
3%
$11,553
—
2022
$2,384
2%
$11,553
—
2021
$2,331
7%
$11,553
18%
2020
$2,179
-4%
$9,751
-13%
2019
$2,260
-15%
$11,209
-17%
2018
$2,664
-17%
$13,444
-10%
2017
$3,218
-12%
$14,899
-18%
2016
$3,640
-6%
$18,175
-14%
2015
$3,870
48%
$21,121
50%
2014
$2,615
-28%
$14,092
-29%
2013
$3,608
1%
$19,835
—
2012
$3,559
—
$19,835
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1427 S Central Park Avenue, Chicago, IL 60623 (MLS# 12584027) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 1427 S Central Park Avenue is currently listed for $265,000 and was received on March 05, 2026. This property is listed by John Sciberras from our Hyde Park Office.Want to learn more about 1427 S Central Park Avenue? Do you have questions about finding other Multi-Family real estate for sale in North Lawndale? You can browse all North Lawndale real estate or contact a Coldwell Banker agent to request more information.

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