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2524 S California Avenue

Chicago, IL 60608
  • $1,100,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 12289168
UPDATED: 71 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! Mixed Used Building - The main building has a restaurant on the ground floor with a 2-bedroom, 1-bath apartment above, 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. The separate building at the rear 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. Garage is currently being rented for $250/mo. 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 could diversify your income stream. Option to purchase this property with 2814 W. 25th Place (MLS#12289174)!

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© 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 Ani Real Estate. Based on information submitted to the MRED as of 2025-03-27T00:59:21.043 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.

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2524 S California Avenue Chicago, IL 60608

  • Price: $1,100,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 71 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! Mixed Used Building - The main building has a restaurant on the ground floor with a 2-bedroom, 1-bath apartment above, 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. The separate building at the rear 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. Garage is currently being rented for $250/mo. 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 could diversify your income stream. Option to purchase this property with 2814 W. 25th Place (MLS#12289174)!
Exterior Features

Exterior Building Type Brick

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 Apts/Stores 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 Ani Real Estate. Based on information submitted to the MRED as of 2025-03-27T00:59:21.043 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
 
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