$200000 Price Analysis 550 N Central Park AveChicago, IL 60624 5 bed 2 bath unknown SqFt ($0/SqFt) Built 1909 Listed 2024-06-21, Taxes $4825 | Ⓧ USDA Ineligible due to location near Chicago |
Unit 1 is a 2 bedroom, 1 bathroom. Unit 2 is a 3 bedroom, 1 bathroom. The building has 2 gas meters, 3 electric meters, 2 hot water heaters and 2 furnaces. Perfect property for an investor who is looking to add some sweat equity. Live in one unit, rent out the other or duplex down to expanding unit 1. The property is being sold AS-IS, cash or renovation convention-style loans are preferred.
Seller will not make any repairs and will not LIKELY pass FHA inspection or conventional loan. The building is tenant-occupied and will be sold with the UNITS OCCUPIED. Tenants pay month to month. Offers that agree to accept tenants n the building at closing will be given priority. 0.4-5 block walk to the Garfield Park Conservatory and Lake St El stop, a short drive to I290, West Loop, Fulton Market, Medical District and downtown Chicago.
Presented by Ben Lalez at
COMPASS.
Property MLS #12091330 from MRED
Year | Assessments Building + Land Total | Tax |
---|---|---|
2021 | $19645 + $4354 $23999 | $4825 |
2020 | $8932 + $4354 $13286 | $2959 |
2019 | $10918 + $4354 $15272 | $3068 |
2018 | $10918 + $4354 $15272 | $3016 |
2017 | $18480 + $3891 $22371 | $4815 |
2016 | $18480 + $3891 $22371 | $4480 |
2015 | $18480 + $3891 $22371 | $4099 |
2014 | $15402 + $3706 $19108 | $3545 |
2013 | $15402 + $3706 $19108 | $3475 |
2012 | $15402 + $3706 $19108 | $3428 |
2011 | $18980 + $5188 $24168 | $3916 |
2010 | $18980 + $5188 $24168 | $3932 |
2009 | $18980 + $5188 $24168 | $3768 |
2007 | $21574 + $4595 $26169 | $3716 |
2006 | $21574 + $4595 $26169 | $3756 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.