Skip To Content

2524 S California Avenue

Chicago, IL 60608
  • $1,100,000
  • STATUS: Active
  • ON SITE: 120 Days
  • MLS #: 12289168
UPDATED: 34 min ago
$1,100,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1891
County:
Area:

School Ratings & Info

Description

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.

Monthly Payment Calculator



© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2025-06-20T18:15:07.357 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.chicagocityliving.com/homes/160666525
Print Image

2524 S California Avenue Chicago, IL 60608

  • Price: $1,100,000
  • Status: Active
  • On Site: 120 Days
  • Updated: 34 min ago
  • MLS #: 12289168
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1891
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
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.
Interior Features

Cooling Central Air Heat Ventilation Other Miscellaneous Inside BasementLaundry Room Number Of Dryers 1 Number Of Ranges 4 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 4050 Built Before1978 YN Yes Electric Other Fire Protection Other Geographic Locale Chicago Southwest Gross Income 0 Gross Scheduled Income 123000 Insurance Expense 0 Mls Actual Status Active Net Operating Income 0 Operating Expense 0 Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 8795.09 Tax Year 2023 Total Monthly Income 10250 Township South Chicago Type Mixed Use

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Real Broker LLC: 217-960-8605.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2025-06-20T18:15:07.357 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12289168-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12289168-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12289168-1.jpg
Logo
Leila Keene & Marjorie Allabastro Team | Baird & Warner
2526 N Lincoln Ave
Chicago IL, 60642