Chicago, IL 60608,2524 S California AVE
Chicago, IL 60608,2524 S California AVE
Chicago, IL 60608,2524 S California AVE
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$1,100,000
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4,050 SqFt
Active

2524 S California AVE Chicago, IL 60608

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Realty Executives Premier

Realty Executives Premier

Realty Executives Premier

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,050 sqft

Price per Sqft $271

MLS Listing ID 12289168

Year Built 1891

Annual Tax Amount $8,795

Tax Year 2023

Lot Dimensions 25X128

Property Sub-Type Mixed Use

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.

Location

State IL

County Cook

Area Chi - South Lawndale

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Mixed Use

Level or Stories 2

Structure Type Brick


Midwest Real Estate Data (MRED) IDX
Listed by Rafay Qamar • Real Broker LLC

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2524 S California AVE