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2524 S California AVE Chicago, IL 60608
4,050 SqFt
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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! 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)!
Location
State IL
County Cook
Area Chi - South Lawndale
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Mixed Use
Level or Stories 2
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Listed by Rafay Qamar • Real Broker LLC
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