For Sale $1,700,000
Property Type Multi-Family
Property Size 26,450 SF
Units 68
Lot Size 0.2 Acre
Additional Rent Contact for pricing
Year Built 1924
Date Updated Oct 16, 2024

AustinAW Properties is pleased to present a value-add four-story 68-unit multifamily property located in the Austin neighborhood. The property consists of (68) Studio units. Heat for the units is provided by electric base board and gas forced units for the common areas. Kitchens can be equipped with a microwave and a mini refrigerator. The property has an elevator which is currently down / non-functional. There is a laundry room with hook-ups for (3) washers and (3) dryers. The acquisition presents an excellent opportunity for an investor to acquire a value-add 68-unit multifamily opportunity at below replacement cost and significant upside potential.

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Highlights

Value-Add Opportunity
All Studio Units
Desirable Austin Location

Contacts

Jeffrey Baasch

AW Properties Global

Location

Getting Around

Walk Score ®
77/100 Very Walkable
Transit Score ®
66/100 Good Transit
Bike Score ®
65/100 Bikeable

Map
Street

City Chicago, IL
Neighborhood Austin
Zip Code 60644
Market Chicago

Points of Interest

Cicero

1.39 miles
54th/Cermak

2.42 miles
Kostner

2.79 miles
Kedzie

3.06 miles
Central Park

3.42 miles
Elmwood Park

3.70 miles
Maywood

3.77 miles
Berwyn

3.93 miles
Logan Square

4.18 miles
Harlem Avenue

4.19 miles

Marathon

0.67 miles
Gulf

0.76 miles
Citgo

0.82 miles
BP

0.85 miles
Mobil

1.09 miles
Super Fuel

1.13 miles
Soofa Solar Phone Charger

1.54 miles
ChargePoint

5.01 miles
Tesla Destination Charger

5.01 miles
EVgo

5.24 miles

West Suburban Hospital Parking Garage

0.68 miles
Lot 46 G

0.96 miles
Lot 57

1.16 miles
Jewel Osco Lot

1.19 miles
Avenue Parking Garage

1.46 miles
Hatch School Parking Lot

1.61 miles
Holly Court Parking Garage

2.00 miles
Lot 84

2.03 miles
Concordia University Parking Garage

2.37 miles
54th/Cermak Park & Ride

2.38 miles

Shamrock Motel

1.78 miles
Karavan Motel

2.22 miles
Cindy Lyn Motel

3.17 miles
Fullerton Hotel

3.36 miles
Travel Inn Motel

4.44 miles
Irving Hotel - SRO

4.71 miles
Chicagoland Motel

4.81 miles
Hyatt Place Chicago - Medical / University District

4.82 miles
IHSP Chicago Hostel

4.84 miles
Urban Holiday Lofts

4.85 miles

Uncle Remus

0.42 miles
MacArthur's Restaurant

0.45 miles
Church's Chicken

0.49 miles
Terry's Place

0.59 miles
Subway

0.63 miles
Dunkin'

0.77 miles
McDonald's

0.78 miles
The Licking

0.81 miles
Cuzzo's Pizza

1.05 miles
Trattoria 225

1.22 miles

Duke Ellington Elementary School

0.08 miles
Austin Community Academy High School

0.21 miles
Catalyst Circle Rock Charter School

0.26 miles
Frederick Douglass Academy High School

0.29 miles
Austin Special School and Sheltered Work Center

0.35 miles
Community Lutheran School

0.48 miles
Miriam Daniels School

0.49 miles
Austin School of Beauty Culture

0.50 miles
Moving Everest Charter School

0.53 miles
DePriest Elementary School

0.55 miles

Little Folks Cottage Inc

0.55 miles
ABC Toon Town Day Care

1.15 miles
Sunny Days Kid's Academy

1.64 miles
Little Beginnings Day Care

1.66 miles
Morningside Children's Academy

1.67 miles
Blocks 24 hr Child Care Center

1.71 miles
Back 2 Basics Day Care

2.00 miles
The Day Nursery

2.01 miles
Our Lady of Lourdes Child Development Center

2.55 miles
Kangaroo Kroner

2.61 miles

Frequently Asked Questions

How much does 312 N Central cost?

The space currently listed for sale at 312 N Central asks for $1,700,000.

What is the total square footage of 312 N Central?

312 N Central totals 26,450 square feet.

When was this property built?

312 N Central was built in 1924.

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