2524 S California Avenue, Chicago IL 60608 (Off Market)

For Sale, USD 795,000


2524 S California Avenue, Chicago IL 60608,

Property Type : Commercial

Property Style : N/A

Build Size : 5,550 ft² / 516 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

Nestled in a vibrant neighborhood close to parks, shops, public transit, and bustling local businesses, this updated property offers a rare investment opportunity. Spanning two separate buildings, it features an impressive, income-generating setup: a 4-unit residential section plus a restaurant space, totaling 7 bedrooms and 4 full bathrooms. The front building boasts a highly visible restaurant or commercial space on the ground floor, drawing steady foot traffic, with a spacious 2-bedroom, 1-bath apartment above and a full basement below. Coin-operated laundry in the basement provides extra income for the owner. The rear building enhances the property's value with two additional 2-bedroom, 1-bath apartments and a basement unit. A 1-car garage adds convenience, while tenants covering all utilities keeps expenses low. The mixed-use design means you benefit from both residential and commercial tenants, ensuring a diverse and steady income stream.
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2524 S California Avenue, Chicago IL 60608, United States,Illinois,Chicago is a 5,550ft² Chicago luxury Commercial listed for sale USD 795,000. This high end Chicago Commercial is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Chicago or search for luxury properties for sale in Chicago.