Commercial $ NaN

2435 S California BLVD

Chicago, IL 60623

  • 6,225 SqFt
  • 3,049 Lot Size
  • 1904 Year Built
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.
Listed by Michael Scanlon of eXp Realty

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    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

    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+

  • Location

    State IL

    County Cook

    Zoning MULTI

  • Rooms

    Basement Unfinished, Exterior Entry

  • Building

    Foundation Block, Brick/Mortar

    Water Municipal Water

    Structure Type Brick,Stone

  • Interior

    Cooling Central Air, Central Individual

    Fireplace Y

  • Exterior

    Utilities Available Sewer Connected, Water Available

    View Y/N true

    Roof Type Composition,Rubber

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CONTACT

Michael Scanlon
Michael Scanlon

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