2435 S California BLVD, Chicago, IL 60623
2435 S California BLVD, Chicago, IL 60623
2435 S California BLVD, Chicago, IL 60623
2435 S California BLVD, Chicago, IL 60623
2435 S California BLVD, Chicago, IL 60623
2435 S California BLVD, Chicago, IL 60623
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$ 1,100,000
Est. payment | /mo

6,225 SqFt


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$ 1,100,000
Est. payment | /mo
Save

6,225 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 6,225 sqft

Price per Sqft $176

MLS Listing ID 12591459

Maintenance Fees $3,000

Year Built 1904

Annual Tax Amount $14,168

Tax Year 2024

Lot Size 3,049 Sqft

Lot Dimensions 25X120

Property Sub-Type Multi Family 5+

Property Description

Large brick 6-unit overlooking California Boulevard. In place 7% CAP rate with rental upside. Plus potential to add 2 more garden units with existing city approved plans conveyed in price. Great corner building with 3 full floor units, plus a coach house with 3 additional units. The property was gut renovated in 2017 and still has a great value add opportunity through bringing rents to market. The modern units feature granite, hardwood, central forced air HVAC, dishwashers, in-unit W/D and spacious bedrooms and bathrooms. Long time professional property management is willing to stay in place making this a true turn key investment in a rapidly appreciating sub market.

Location

State IL

County Cook

Area Chi - South Lawndale

Zoning MULTI

Rooms

Basement Unfinished, Exterior Entry

Interior

Cooling Central Air, Central Individual

Fireplace N

Exterior

Utilities Available Sewer Connected, Water Available

Roof Type Composition,Rubber

Building

Dwelling Type Multi Family 5+

Water Municipal Water

Structure Type Brick,Stone

Midwest Real Estate Data (MRED) IDX
Listed by Michael Scanlon of  eXp Realty 

Nearby Locations

Kathryn (Kathy) Jensen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(773) 757-8864

kjensen@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642, USA

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2435 S California BLVD