O'Neil Property Group

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$724,900
8 Days On Site

720 N CENTRAL PARK Avenue
Chicago, IL 60624

For Sale|Multi Family|Active
11
Beds
7
Total Baths
2007
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Select a Fee RE System
720 N CENTRAL PARK Avenue720 N CENTRAL PARK Avenue720 N CENTRAL PARK Avenue720 N CENTRAL PARK Avenue
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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.

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Listing Snapshot
PriceΒ 
$724,900
Days On SiteΒ 
8 Days
BedroomsΒ 
11
Inside Area (SqFt)Β 
N/A
Total BathsΒ 
7
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
2007
MLS NumberΒ 
12792292
StatusΒ 
Active
Property TaxΒ 
$8,317
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS
2 days agoStatus changed to Active
a week agoListing first seen on site
General Features
FoundationΒ 
Concrete Perimeter
ParkingΒ 
Assigned
Parking SpacesΒ 
3
Property Sub TypeΒ 
Multi Family
SewerΒ 
Public Sewer
StyleΒ 
Contemporary
Interior Features
BasementΒ 
Partially FinishedFull
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Exterior Features
Construction DetailsΒ 
BrickMasonite
Patio And PorchΒ 
Deck
RoofΒ 
Rubber
Community Features
Accessibility FeaturesΒ 
Therapeutic Whirlpool
MLS AreaΒ 
CHI - Humboldt Park
School DistrictΒ 
299
TownshipΒ 
West Chicago
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Select a Fee RE System



Based on information submitted to the MLS GRID as of 2026-11-04 05:53 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-11-04 05:53 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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