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$474,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • 2 Car Garage
  • Updated 4 days ago

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Don't miss out on this SOLID BRICK 4-UNIT in the heart of LITTLE VILLAGE, an area known for its STRONG RENTAL DEMAND and CONSISTENT TENANT POOL! This CASH-FLOWING property features a SPACIOUS 3-BEDROOM UNIT with a RECENTLY UPDATED BATHROOM, offering modern comfort and added appeal. The three additional units each feature 2 BEDROOMS and 1 BATHROOM, providing excellent RENTAL POTENTIAL. The property also includes an UNFINISHED BASEMENT for TENANT STORAGE and a 2-CAR GARAGE with RECENTLY REPLACED SIDING. Conveniently located near I-55, the CTA PINK LINE, and MULTIPLE BUS ROUTES, this property offers EASY ACCESS for COMMUTERS, STUDENTS, and EVERYDAY RENTERS. Whether you're looking to GROW YOUR PORTFOLIO or purchase your FIRST INVESTMENT PROPERTY, this is a fantastic opportunity to own a TURNKEY, INCOME-PRODUCING property with STRONG CASH FLOW and LONG-TERM UPSIDE!

Full Property Details for 3031 S Central Park Ave

General

  • Price: $474,900
  • Taxes: $3,164 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12663350
  • Updated: 7/6/2026
  • Added to Site: 4 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 4

Bedrooms

  • Total Bedrooms: 9

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Garage Owned, Detached, Garage

Location

  • Area: CHI - South Lawndale
  • County: Cook
  • Township: Lake
  • Driving Directions: 31st to Central Park. Then go North to home.

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: Lake Michigan, Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Year Built: 1908
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

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

Financial Considerations

  • Assessment Year: 1908
  • Tax Amount: $3,164.61
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 16264240130000

Listed by Realty of America, LLC

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— 3031 S Central Park Ave —

  • Realty of America, LLC

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

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

Schools serving 3031 S Central Park Ave

School District:Chicago Public School District 299
NameGradesDistance
Gary Elementary School, Chicago, IL
3740 West 31st Street, Chicago, IL 60623
3-80.2 mi
Ortiz De Dominguez Elementary School
3000 South Lawndale Avenue, Chicago, IL 60623
PK-20.2 mi
Farragut Career Academy High School
2345 South Christiana Avenue, Chicago, IL 60623
9-110.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3031 S Central Park Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/06/2026
Listed
$474,900
115.86%
MLS
9/15/2004
Sold
$220,000
—
Public Record
Get Price Alerts and Save Property
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 3031 S Central Park Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,465
—
$26,000
73%
2023
$2,465
3%
$14,999
—
2022
$2,382
2%
$14,999
—
2021
$2,346
-29%
$14,999
-16%
2020
$3,282
-6%
$17,837
-14%
2019
$3,478
2%
$20,741
—
2018
$3,418
-11%
$20,741
-2%
2017
$3,829
2%
$21,164
—
2016
$3,739
10%
$21,164
—
2015
$3,398
22%
$21,164
21%
2014
$2,775
2%
$17,527
—
2013
$2,710
-14%
$17,527
—
2012
$3,145
—
$17,527
—
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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3031 S Central Park Avenue, Chicago, IL 60623 (MLS# 12663350) is a Multi-Family property with 4 units containing 9 bedrooms and 0 full bathrooms. 3031 S Central Park Avenue is currently listed for $474,900 and was received on July 06, 2026. Want to learn more about 3031 S Central Park Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Lawndale? You can browse all South Lawndale real estate or contact a Coldwell Banker agent to request more information.

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