720 N CENTRAL PARK Avenue Chicago, IL $ 724,900
720 N CENTRAL PARK Avenue
$ 724,900
Recently Listed
Share Save

720 N CENTRAL PARK Avenue

Chicago, IL, 60624
$ 724,900
Bedrooms11 Baths7.0 Sq 5,100

Monthly Estimate*

$ 5,007

720 N CENTRAL PARK Avenue, Chicago, IL 60624 - Image 1
720 N CENTRAL PARK Avenue, Chicago, IL 60624 - Image 2
720 N CENTRAL PARK Avenue, Chicago, IL 60624 - Image 3
720 N CENTRAL PARK Avenue, Chicago, IL 60624 - Image 4
720 N CENTRAL PARK Avenue, Chicago, IL 60624 - Image 5
720 N CENTRAL PARK Avenue, Chicago, IL 60624 - Image 6
720 N CENTRAL PARK Avenue, Chicago, IL 60624 - Image 7
720 N CENTRAL PARK Avenue, Chicago, IL 60624 - Image 8
720 N CENTRAL PARK Avenue, Chicago, IL 60624 - Image 9
720 N CENTRAL PARK Avenue, Chicago, IL 60624 - Image 10
720 N CENTRAL PARK Avenue, Chicago, IL 60624 - Image 11
720 N CENTRAL PARK Avenue, Chicago, IL 60624 - Image 12
720 N CENTRAL PARK Avenue, Chicago, IL 60624 - Image 13
720 N CENTRAL PARK Avenue, Chicago, IL 60624 - Image 14
720 N CENTRAL PARK Avenue, Chicago, IL 60624 - Image 15

Multi-Family Home for sale in Chicago, IL

for $724,900 with 11 bedrooms and 7 full baths. This 5,100 square foot home was built in 2007.

Discover an incredible multi-family asset in a booming neighborhood with unlimited income potential. Originally constructed as luxury condominiums-offering an investor the future flexibility to deconvert and sell individually-this fully gated building delivers top-notch construction and modern convenience throughout. Property Highlights: Spacious Layouts: Three expansive units, each offering approximately 1,400 sq. ft. of living space with hardwood floors throughout and convenient in-unit laundry. Unit Features: Each unit boasts 3 bedrooms and 2 full bathrooms, including a private en-suite 2nd bath in the primary bedroom. Enjoy a large, well-appointed kitchen and dining area with abundant cabinetry and newer stainless steel appliances, plus private outdoor decks accessible from both the primary bedroom and kitchen. Flexible Living Options: The first-floor unit was originally configured as a 5-bedroom, 3-bathroom duplex-down with a spacious family room. Currently converted to a 2-bedroom, 1-bathroom layout, it can easily be converted back for related living or duplex-down arrangements. Utilities & Efficiency: Independent HVAC and central air for every unit. Equipped with 4 gas meters and 4 electric meters-the owner pays water only. Recent Upgrades & Maintenance: Brand new roof installed in 2023, newer mechanical equipment in most units, and recent tuckpointing and block sealing (October 2026). Exterior & Security: Fully gated property featuring 3 secure parking spaces and dedicated secure storage for every unit. Prime Location: Situated directly across the street from a wonderful neighborhood park in a rapidly growing area surrounded by new development. Financial Potential: With estimated rental values easily reaching $2,500 per unit, this turnkey property represents a fantastic, high-yield addition to any investor's portfolio. Units 1-3 are projected, unit 4 is actual.

See more

Multi-Family Active

Price

$ 724,900

Bedrooms

11

Full Bath

7

Property Type

Multi-Family

Taxes

$ 8,317

Style

Contemporary

Year Built

2007

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12792292

Features
General
Sewer Public Sewer
Heating Gas
Possession Closing
Roof Rubber
Architectural Style Contemporary
Construction Materials Brick Masonite
Year Built 2007
Township West Chicago
Tax Year 2025
Ownership Fee Simple
Gross Income 104220
County Cook
Net Operating Income 80700
Insurance Expense 6250
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 21
Status New
Directions CHICAGO AVE WEST TO CENTRAL PARK SOUTH TO PROPERTY.
City Chicago
High School District 299
MLS Area CHI - Humboldt Park
Tax Annual Amount 8317
Water Sewer Expense 3000
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
See more
Interior
Basement Partially Finished Full
Total Bedrooms 11
Total Baths 7
Bedrooms Possible 11
Bathroom Whirlpool
Full Baths Building 7
Half Baths Building 0
Total Number of Units 4
See more
Exterior
Parking Features Assigned Yes
Water Source Lake Michigan
Total Parking 3
Foundation Details Concrete Perimeter
Lot Dimensions 30X125
Lot Size Acres 0
Waterfront Y/N N
See more
* Excluded Features
List By
Select A Fee Re System

Broker

george@selectafee.com

Email

Affordability Calculator

$5,700
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,007
Monthly Property Taxes
$693
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/27/2026$724,900 Listed Price

Map


See all

720 N CENTRAL PARK Avenue, Chicago, IL, 60624 is a Multi-Family Home for sale at $724,900 with 5,100 sqft. 720 N CENTRAL PARK Avenue has 11 bedrooms, 7.0 baths, and was built in 2007. The property's zip code is 60624 which is in Chicago, IL