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Price cut: $195,000
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Two to Four Units · Chicago, IL
$400,000$595,000
6 beds · 4 baths
1645 N Central Park Avenue, Chicago, IL, 60647
A brick-and-mortar place to make your own — room to make it home.
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What’s special

2-car garage
+Multiple Offers Received, Best and Highest Wednesday, June 17th at 12 Noon+ Investor Goldmine! This is an ultra-rare value-add opportunity on a gigantic 177 ft lot backing right up to Simons Park and with immediate access to the 606 Trail. The building features highly desirable 3-bedroom, 2-bathroom layouts in both primary units, offering fantastic rent potential. The property is being sold with existing city code violations requiring the removal of the current basement unit and the reinforcement or rebuilding of the rear stairs. For a savvy buyer, this is the ultimate catalyst for forced appreciation through sweat equity. Situated perfectly within Chicago's ADU allowed area, the mandatory lower-level remediation provides a clean slate to pull permits and legally build out at least one, and potentially two, Additional Dwelling Units. Transform this into your cash flowing gem. Unbeatable, quickly appreciating location to coffee shops, grocery stores, minutes to Logan Square and with immediate access to the 606 trail and a beautiful park directly behind. Bring your contractor to capitalize on this incredible potential. Sold strictly as-is.
— the listing agent’s description

The home

6 beds
4 baths
Built in 1888
Lot 25 x 177
2-car garage
Two to Four Units
American 4-Sq.

What it’ll cost

$6,494 taxes / yr
No HOA
Listed $595,000
Now $400,000
39 days on dwello

Estimated monthly payment

$2,785/mo
Principal & interest$2,127
Property taxes$541
Homeowners insurance$117
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Tour it with a real dwello agent
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On our team, vettedYour info is never soldWith you through closing

Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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39 days on dwello
Price history
Price reduced
Jun 16, 2026
↓ $195,000$400,000
Listed for sale
May 9, 2026
$595,000
Now $195,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$6,494/yr
Assessed value
2025
County assessor
$42,001~$420,010 mkt
2024
$42,001~$420,010 mkt
2023
$34,000~$340,000 mkt
2022
$34,000~$340,000 mkt
2021
$34,000~$340,000 mkt
2020
$29,922~$299,220 mkt
2019
$34,394~$343,940 mkt
2018
$34,394~$343,940 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasForced AirVinyl SidingPublic SewerYesGarage Owned
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Santiago Valdez · Compass
Listing last updated Jun 16, 2026 · data refreshed from the MLS Jun 17, 2026, 6:32 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:32 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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