# 720 N CENTRAL PARK Avenue, Chicago, IL 60624 > **TL;DR:** 11bd/7ba residential multi family, $724,900, built 2007. Est. $3,876/mo. Listed 4 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $724,900 | | Bedrooms | 11 | | Bathrooms | 7 full | | Year Built | 2007 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 4 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,665 | | Estimated Insurance | $211 | | **Total** | **$3,876** | ## Property Highlights - Built in 2007 - 3 parking spaces ## Description ### Agent Description 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. ## Location - **Address:** 720 N CENTRAL PARK Avenue, Chicago, IL 60624 - **County:** Cook - **Coordinates:** 41.894264, -87.71664 - **Google Maps:** https://www.google.com/maps?q=41.894264,-87.71664 ## Listing Agent - **Name:** George Ayling - **Brokerage:** Select A Fee Real Estate System & Rentals - **Broker Phone:** (708) 466-4093 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/720-N-Central-Park-Ave_Chicago_IL_60624_M85007-02016?f=listhub&s=MREDIL&m=12792292&c=propsimple) ## Photos ![720 N CENTRAL PARK Avenue - Photo 1](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f3878922126r.jpg) ![720 N CENTRAL PARK Avenue - Photo 2](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f2055444909r.jpg) ![720 N CENTRAL PARK Avenue - Photo 3](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f176801320r.jpg) ![720 N CENTRAL PARK Avenue - Photo 4](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f600119747r.jpg) ![720 N CENTRAL PARK Avenue - Photo 5](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f3998875167r.jpg) ![720 N CENTRAL PARK Avenue - Photo 6](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f2341561164r.jpg) ![720 N CENTRAL PARK Avenue - Photo 7](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f1513418084r.jpg) ![720 N CENTRAL PARK Avenue - Photo 8](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f3454774234r.jpg) ![720 N CENTRAL PARK Avenue - Photo 9](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f3311996083r.jpg) ![720 N CENTRAL PARK Avenue - Photo 10](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f505747258r.jpg) ![720 N CENTRAL PARK Avenue - Photo 11](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f76194102r.jpg) ![720 N CENTRAL PARK Avenue - Photo 12](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f127439276r.jpg) ![720 N CENTRAL PARK Avenue - Photo 13](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f3697716045r.jpg) ![720 N CENTRAL PARK Avenue - Photo 14](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f859431443r.jpg) ![720 N CENTRAL PARK Avenue - Photo 15](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f3484091386r.jpg) ![720 N CENTRAL PARK Avenue - Photo 16](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f3589730402r.jpg) ![720 N CENTRAL PARK Avenue - Photo 17](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f3127212743r.jpg) ![720 N CENTRAL PARK Avenue - Photo 18](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f1687291196r.jpg) ![720 N CENTRAL PARK Avenue - Photo 19](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f4142254605r.jpg) ![720 N CENTRAL PARK Avenue - Photo 20](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f836272903r.jpg) ![720 N CENTRAL PARK Avenue - Photo 21](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f666230867r.jpg) ![720 N CENTRAL PARK Avenue - Photo 22](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f1576514097r.jpg) ![720 N CENTRAL PARK Avenue - Photo 23](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f3208832782r.jpg) ![720 N CENTRAL PARK Avenue - Photo 24](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f2718718643r.jpg) ![720 N CENTRAL PARK Avenue - Photo 25](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f2441817461r.jpg) ![720 N CENTRAL PARK Avenue - Photo 26](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f948757007r.jpg) ![720 N CENTRAL PARK Avenue - Photo 27](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f3656263822r.jpg) ![720 N CENTRAL PARK Avenue - Photo 28](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f552945734r.jpg) ![720 N CENTRAL PARK Avenue - Photo 29](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f2588938109r.jpg) ![720 N CENTRAL PARK Avenue - Photo 30](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f3173046018r.jpg) ![720 N CENTRAL PARK Avenue - Photo 31](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f2425523417r.jpg) ![720 N CENTRAL PARK Avenue - Photo 32](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f1710370095r.jpg) ![720 N CENTRAL PARK Avenue - Photo 33](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f2786046234r.jpg) ![720 N CENTRAL PARK Avenue - Photo 34](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f2342623119r.jpg) ![720 N CENTRAL PARK Avenue - Photo 35](http://lh.rdcpix.com/16ccddf234b3664e43f9219274bcf95fl-f4128600417r.jpg) --- **MLS#:** 12792292 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/720-n-central-park-avenue-chicago-il-60624-aea98cde384c46fd9f704c0ceb84644e) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/720-n-central-park-avenue-chicago-il-60624-aea98cde384c46fd9f704c0ceb84644e#listing", "url": "https://www.propertysimple.ai/listing/720-n-central-park-avenue-chicago-il-60624-aea98cde384c46fd9f704c0ceb84644e", "name": "720 N CENTRAL PARK Avenue, Chicago, IL 60624", "description": "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. 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