1015 N Central Avenue Chicago, IL $ 485,000
1015 N Central Avenue
$ 485,000
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1015 N Central Avenue

Chicago, IL, 60651
$ 485,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 3,062

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Multi-Family Home for sale in Chicago, IL

for $485,000 with 5 bedrooms and 3 full baths. This home was built in 1898 on a lot size of 0.09.

Welcome to 1015 N Central Avenue, a solid brick legal two-unit offering an excellent opportunity for investors or owner-occupants in Chicago. Featuring a covered front porch, a full finished basement, and a detached 2-car garage, this fully occupied property combines generous living space with numerous major improvements already completed. Both units are currently occupied with month-to-month tenants, providing flexibility for the next owner. The first-floor unit offers 2 bedrooms and 1 full bath, while the second-floor unit features 3 bedrooms and 1 full bath. The finished basement provides additional flexible living and recreation space along with a full bathroom. The property offers a total of 5 bedrooms and 3 full bathrooms throughout the building. Significant improvements include a full roof replacement in 2024, both water heaters replaced in 2023, both central air-conditioning units replaced in 2022, and the furnace serving the first floor and basement replaced in 2022. The first-floor kitchen features stainless steel appliances installed in 2019. The second-floor bathroom was remodeled in 2021 with vinyl flooring, and the second-floor hardwood floors were beautifully refinished in 2022. Exterior improvements include gutters replaced in 2021, tuckpointing completed along the front and south sides of the building in 2021, new concrete added to the rear parking area in 2021, and a concrete walkway along the rear side of the property completed in 2020. A detached 2-car garage provides additional parking and storage. Adding to the property's appeal, solar panels serve the first floor and basement, with the seller reporting an average ComEd electric bill of approximately $20 per month for those areas. Solar panels are not connected to the second-floor unit. Conveniently located near public transportation with a school directly across the street, this well-maintained brick two-unit offers space, accessibility, substantial improvements, and income-producing potential in one attractive package.

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Multi-Family Active

Price

$ 485,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,082

Style

Brownstone

Lot Size

0.09

Year Built

1898

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12733053

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt Flat
Zoning MULTI
Garage Spaces 2
Architectural Style Brownstone
Construction Materials Brick
Year Built 1898
Township West Chicago
Tax Year 2025
Ownership Fee Simple
Gross Income 3450
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 14
Status New
Directions CENTRAL AVE SOUTH OF NORTH AVE
City Chicago
High School District 299
MLS Area CHI - Austin
Tax Annual Amount 5082
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 5
Total Baths 3
Bedrooms Possible 5
Bathroom Separate Shower
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Public
Total Parking 2
Foundation Details Block
Lot Dimensions 25X125
Lot Size Acres 0.09
Waterfront Y/N N
Other Equipment Ceiling Fan(s) Water Heater-Gas
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* Excluded Features
List By
Exp Realty

Broker

teamblanco04@gmail.com;teamblanco04@gmail.com

Email

Affordability Calculator

$3,486
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,062
Monthly Property Taxes
$424
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/14/2026$485,000 Listed Price

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1015 N Central Avenue, Chicago, IL, 60651 is a Multi-Family Home for sale at $485,000 with a lot size of 0.09. 1015 N Central Avenue has 5 bedrooms, 3.0 baths, and was built in 1898. The property's zip code is 60651 which is in Chicago, IL