Chicago, IL 60608 2524 S California Avenue
$1,100,000



47 more
















































Presented By: Real Broker LLC
Home Details
INVESTORS! Come see this impressive, income generating 4-unit + restaurant space with a total of 7 bedrooms and 4 full bathrooms. The front building has a restaurant/commercial space on the ground floor with good visibility and foot traffic. There is a 2-bedroom, 1-bath apartment above the commercial space, along with a full basement (40% used by the restaurant). The addition of coin-operated laundry for all tenants is a nice bonus for extra income in the basement of the front building. The rear building of the lot adds even more value, with two 2-bedroom, 1-bath apartments and a basement unit currently set up as a 1-bedroom but could be converted into a 2-bedroom. The property includes a 1-car garage. Tenants paying all utilities is also a strong feature, as it reduces the owner's expenses. With the mixed-use setup, you have both residential and commercial tenants, which diversifies your income stream. Option to purchase this property with 2814 W. 25th Place (MLS#12289174)! Owner selling bc he no longer lives in the area.
Presented By: Real Broker LLC
General for 2524 S California Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
DirectionsOn California Blvd, South 2500
ElectricOther
Electric Expense
Fuel Expense
Gross Income
Insurance Expense
Lot Size Square Feet3200
MLS AreaCHI - South Lawndale
Net Operating Income
Number Of Units Total5
Operating Expense0
PossessionClosing
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount8795.09
Tax Year2023
TownshipSouth Chicago
Trash Expense0
Water Sewer Expense0
Year Built1891
Exterior for 2524 S California Avenue
Building Area Total4050
Lot Dimensions25X128
Additional Details
Price History
