$259,900

1609 S Central Park Ave Chicago, IL 60623

$3,086
Closing credit¹
12 beds
4 baths
0.07 acres
House

Property details

About 1609 S Central Park Ave

ATTENTION INVESTORS/SWEAT EQUITY SEEKERS! This all-brick 3-flat is a true cash-flow opportunity with 12 total bedrooms and 4 full bathrooms, a rare find with incredible income potential. The first unit is a spacious duplex featuring 5 bedrooms and 2 bathrooms, with 3 bedrooms above grade and 2 below. The second unit offers 4 bedrooms and 1 full bathroom, while the third unit includes 3 bedrooms and 1 bathroom. All utilities are separate, making this an investor's dream. Located directly across from Dvorak Elementary School and just minutes from the Pink Line and bus stop, this property is in a high-demand rental area. Easy access to the Medical District, Douglass Park, and shopping adds to its appeal. The property needs work and is being sold as-is, with no warranties or repairs. Agent-owned interest applies. Agents read broker private remarks. Don't miss this incredible investment opportunity! It will be Your Smartest Move!

Highlights

Home typeResidential
HeatingForced Air
StatusActive
BasementYes
Lot size0.07 Acres
Year built1896
ParkingUnassigned, On Site, Owned
MLS #12366838

Summary

  • Basement: Yes
  • Total Bedroom Count: 12
  • Parking: Unassigned, On Site, Owned
  • Heating: Forced Air
  • List Price: $259,900
  • Annual Tax Amount: $4,953
  • Tax Year: 2022
  • Directions: 16 th Ave to Central Park Park-South to property. Property is on the east side of the street.
  • Year Built: 1896
  • Lot Size: 0.07 Acres
  • MLS Number: 12366838
  • MLS Name: MRED
  • Office Name: New Avenue Realty LLC
  • Office Phone: (312) 444-0981
  • Listing Agent: Jorge Vega

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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Last updated on: 5/29/2025, 1:15:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

1609 S Central Park Ave, Chicago, IL 60623 - view of front of house featuring brick siding

$259,900

1609 S Central Park Ave

$3,086

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 02, 2015
Home Sold
$128,000
Oct 06, 2010
Home Sold
$34,500
Dec 08, 2005
Home Sold
$395,000
Dec 08, 2005
Home Sold
$395,000
Jan 24, 2005
Home Sold
$310,000

Tax history

YearAssessmentProperty Tax
2022$23,999$4,953
2020$13,742$3,071
2019$15,796$3,184
2018$15,796$3,130
2017$18,391$3,972

History based on county public records data.

Nearby schools

6

Cardenas Elementary School

Public District PK-3

0.7 mi

2345 S Millard Ave

2

McCormick Elementary School

Public District PK-5

1.2 mi

2712 S Sawyer Ave

5

Liberty Elementary School

Public District PK-3

1.8 mi

4946 W 13th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $22,711. Typical income of Chicago, IL residents is less than $<35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

69%
<35k
21%
35k-100k
9%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

45%
Single, No Kids
32%
Single, with Kids
13%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
15%
12-17 yrs old
22%
18-34 yrs old
37%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1609 S Central Park Ave

The listing price of 1609 S Central Park Ave property is $259,900.

The property 1609 S Central Park Ave is a house located in Chicago, Illinois, 60623.

Active Listing: 1609 S Central Park Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1609 S Central Park Ave are: Cardenas Elementary School (GreatSchools Rating 6/10), McCormick Elementary School (GreatSchools Rating 2/10), Liberty Elementary School (GreatSchools Rating 5/10), Dvorak Technology Academy (GreatSchools Rating 4/10), Herzl Elementary School (GreatSchools Rating 3/10), Lawndale Elementary Community Academy (GreatSchools Rating 2/10), North Lawndale Preparatory Charter - Christiana (GreatSchools Rating 2/10), Yccs-Cca Academy High School (GreatSchools Rating 1/10), Farragut Career Academy High School (GreatSchools Rating 1/10).

According to the records, the last property tax for 2022 is $4,953 (source: MLS/based on county public records data).

The last sale was on December 2, 2015 for $128,000 (source: MLS/tax record).

The property at 1609 S Central Park Ave has 12 bedrooms and 4 bathrooms.

The year of construction for 1609 S Central Park Ave is 1896.

This home is located at 1609 S Central Park Ave in Chicago, IL and zip code 60623 in the West Side neighborhood. Features: 12 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 15, 2025 and is currently priced at $259,900.

In April 2025 more than 901 listings in Chicago, IL were sold above the asking price. During the same period more than 351 listings were sold at asking price, while more than 879 were sold below. Between March and April 2025, Chicago, IL real estate market has seen increase in the number of listings by 19.8%. The median list price of listings available in April 2025 was $374,309, while the average time on the real estate market was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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