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$525,000
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Property Description
Discover the potential in this classic brick 2-flat in the heart of Austin, ideally situated next to the only Frank Lloyd Wright home in the city. This property offers convenience and connectivity just 2 minutes from Oak Park, 15 minutes from Downtown Chicago, and close to major expressways and public transportation. The home features a partially finished basement with a full bath, a 1st-floor master suite, and a spacious 2nd-floor deck perfect for relaxing or entertaining. With parking for up to 4 cars, this property combines comfort, location, and opportunity. Whether you are an investor looking to renovate or a developer seeking your next project, this property is full of possibilities. Sold as-is bring your vision and make it your own!
Full Property Details
Full Property Details for 46 N Central Ave
General
- Price: $525,000
- Taxes: $3,183 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12556930
- Updated: 2/3/2026
- Added to Site: 19 day(s) ago
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 5
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - Austin
- County: Cook
- Township: West Chicago
- Driving Directions: W side of the street on N Central Ave (between Madison and Washington)
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Electric, Radiator(s)
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Partially Finished, Full
- Year Built: 1921
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Oversized Chicago Lot
- Lot Dimensions: 4254
Financial Considerations
- Assessment Year: 1921
- Tax Amount: $3,183
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 16084230170000
Listed by Legacy Brokers Group LLC
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Schools
Schools serving 46 N Central Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Depriest Elementary School 139 South Parkside Avenue, Chicago, IL 60644 | K-8 | 0.2 mi |
Douglass Academy High School 543 North Waller Avenue, Chicago, IL 60644 | 9-12 | 0.6 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 46 N Central Ave
Date
Details
Price
Change
Source
1/28/2026
Listed
$525,000
—
MLS
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
Tax History for 46 N Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,183
-48%
$36,000
—
2022
$6,138
101%
$36,000
—
2021
$3,047
-52%
$36,000
27%
2020
$6,313
101%
$28,338
-12%
2019
$3,135
2%
$32,203
—
2018
$3,088
-16%
$32,203
35%
2017
$3,669
-23%
$23,796
—
2016
$4,766
9%
$23,796
—
2015
$4,361
-4%
$23,796
-3%
2014
$4,544
25%
$24,490
—
2013
$3,634
—
$24,490
—
2012
$3,627
—
$24,490
—
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 46 N Central Ave
46 N Central Avenue, Chicago, IL 60644 (MLS# 12556930) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 46 N Central Avenue is currently listed for $525,000 and was received on January 28, 2026. Want to learn more about 46 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.

