2524 California Chicago, IL 60608, Chicago , 60608
Listing ID: MRD12289168
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$1,100,000
Price
Built: 1891
Data last updated: May 21, 2025 at 03:09pm
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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.

Other located at 2524 California Chicago, IL 60608. The property was built in 1891. 2524 California Chicago, IL 60608 is in the CHI - South Lawndale neighborhood. CHI - Forest Glen, CHI - Avondale, and CHI - West Englewood are nearby neighbourhoods.
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Agent Contact: Rafay Qamar Phone: 773-516-1111
Listing Courtesy of: Compass
Source: mlsgrid , MLS#: MRD12289168 Agent Contact: Robin Branton Phone: (217) 960-8605
Listing Courtesy of: Real Broker LLC
Source: mlsgrid , MLS#: MRD12289168

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Rafay Qamar
773-516-1111

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Rafay Qamar
773-516-1111
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment