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$420,000
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Property Description
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
Full Property Details for 3031 S Central Park Ave
General
- Sold For: $420,000
- Taxes: $3,164 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12710305
- Added to Site: 108 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 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
- Driving Directions: 31st to Central Park. Then go North to home.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Gas
Utilities
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- 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
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16264240130000
Listed by Realty of America, LLC
Sold by Realty of America, LLC
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Schools
Schools serving 3031 S Central Park Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Gary Elementary School, Chicago, IL 3740 West 31st Street, Chicago, IL 60623 | 3-8 | 0.2 mi |
Ortiz De Dominguez Elementary School 3000 South Lawndale Avenue, Chicago, IL 60623 | PK-2 | 0.2 mi |
Farragut Career Academy High School 2345 South Christiana Avenue, Chicago, IL 60623 | 9-11 | 0.9 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
Date
Details
Price
Change
Source
10/26/2026
Sold
$420,000
-9.66%
MLS
7/20/2026
Listed
$464,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3031 S Central Park Avenue, Chicago, IL 60623 (MLS# 12710305) is a Multi-Family property that was sold at $420,000 on October 26, 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.
