2625 S Central Park Avenue Chicago, IL $ 340,000
2625 S Central Park Avenue
$ 340,000
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2625 S Central Park Avenue

Chicago, IL, 60623
$ 340,000
Bedrooms-- Baths-- Sq 3,650

Monthly Estimate*

$ 2,121

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Commercial Property for sale in Chicago, IL

for $340,000. This 3,650 square foot building was built in 1898 on a lot size of 0.07174.

All-brick mixed-use gem with approximately 3,650 sq ft of total space, set on a high-visibility, pedestrian-rich corridor in the heart of Little Village/Pilsen. Zoned B3-2 for ultimate flexibility, this property features a turnkey ground-floor storefront that's ideal for retail, service, clinic, creative, or office use-whether you lease it out for immediate income or run your own operation. Upstairs, a full three-bedroom apartment offers strong rental potential or a convenient live/work setup, while a large attic provides additional storage or future expansion options. A basement offers practical storage space to support business operations. Outside, there is a two-car brick garage and backyard concrete slab add valuable parking, storage, or future build-out opportunities. The location is unbeatable-steps from established neighborhood businesses with steady foot and vehicle traffic, excellent transit access, and a Walk Score of 89!! Quick access to both major expressways-just 4-5 minutes to I-55 (Stevenson) and approximately 7-10 minutes to I-290 (Eisenhower)-provides excellent connectivity for customers, clients, or commuters. Nearby schools including Ortiz De Dominguez, Gary Elementary, and Farragut Academy are all within walking distance, enhancing the appeal for residential tenants. Zoned for flexible uses and surrounded by a thriving community, 2625 S. Central Park is a prime opportunity for investors and owner-operators alike to capitalize on a vibrant, high-demand neighborhood with strong fundamentals and long-term upside. Lot next door is not included as it is not owned by the current owners.

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Commercial Active

Price

$ 340,000

Property Type

Commercial

Taxes

$ 1,954

Style

Lot Size

0.07174

Year Built

1898

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12496329

Features
General
Cooling Window Unit(s)
Possession Closing
Construction Materials Brick
Year Built 1898
Electric Circuit Breakers
Tenant Pays Electricity Heat
Stories Count 3
Property Subtype Mixed Use
Tax Year 2022
Gross Income 38400
County Cook
Insurance Expense 999
Property Type Commercial Sale Mixed Use
Status Active
Directions South of 26th St located on the east side of Central Park Ave.
City Chicago
Number Of Units Total 2
MLS Area CHI - South Lawndale
Lot Size Square Feet 3125
Tax Annual Amount 1954
Electric Expense 999
Fuel Expense 999
Trash Expense 999
Water Sewer Expense 999
Additional Parcels Y/N N
Virtual Tour https://real.vision/2526-south-central-park-avenue?o=u
Standard Status Active
Total Actual Rent 1400
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Exterior
Building Area Total 3650
Lot Dimensions 25X125
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* Excluded Features
List By
Compass

Broker

rose.alvarez@compass.com

Email

Affordability Calculator

$2,284
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,121
Monthly Property Taxes
$163
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2025$340,000 Listed Price

Map


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2625 S Central Park Avenue, Chicago, IL, 60623 is a Commercial Property for sale at $340,000 with 3,650 sqft and a lot size of 0.07174. 2625 S Central Park Avenue was built in 1898. The property's zip code is 60623 which is in Chicago, IL