Chicago, IL 60608 2524 S California Avenue
$849,999



17 more

















Presented By: Berkshire Hathaway HomeServices Chicago
Home Details
Nestled in a vibrant neighborhood close to parks, shops, public transit, and bustling local businesses, this updated property offers a rare investment opportunity. Spanning two separate buildings, it features an impressive, income-generating setup: a 4-unit residential section plus a restaurant space, totaling 7 bedrooms and 4 full bathrooms. The front building boasts a highly visible restaurant or commercial space on the ground floor, drawing steady foot traffic, with a spacious 2-bedroom, 1-bath apartment above and a full basement below. Coin-operated laundry in the basement provides extra income for the owner. The rear building enhances the property's value with two additional 2-bedroom, 1-bath apartments and a basement unit. A 1-car garage adds convenience, while tenants covering all utilities keeps expenses low. The mixed-use design means you benefit from both residential and commercial tenants, ensuring a diverse and steady income stream.
Presented By: Berkshire Hathaway HomeServices Chicago
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 Income116400
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
Stories Count2
Tax Annual Amount8795
Tax Year2023
Tenant PaysAll Utilities
TownshipSouth Chicago
Trash Expense0
Water Sewer Expense0
Year Built1891
Exterior for 2524 S California Avenue
Building Area Total5550
Lot Dimensions25X128
Additional Details
Price History

SQFT • 5,550