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    2143 S California Avenue

    Chicago, IL 60608
    • $599,000
    • STATUS: Active
    • ON SITE: 45 days
    • MLS #: 10943784
    $599,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,500
      SQFT
    • $80
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1893
    County:

    School Ratings & Info

    Description

    Investors: your dreams become real in West Pilsen with this incredibly rare opportunity offering tremendous income potential. Set on a 25' x 130' lot, this mixed-use building is zoned C1-2 with a large ground-level commercial space and 4 rental units - each with 2bd/1ba floorplans, one unit recently remodeled, and month-to-month leases. The building has been family-owned for nearly 5 decades with one of the owners living there his entire life. Recent improvements include installing 22 new windows as well as tuckpointing. The estimated cap rate is 10%. Adjacent to Pilsen (one of the city's hottest and fastest-growing neighborhoods) and located by commercial Cermak Road with plenty of restaurants, Walmart, and Pete's Fresh Market. It's a 10-minute walk from Douglas Park and steps to the California Pink Line with quick, easy access to I-55 / I-90 / I-290 and the Loop. Detached garage included; plat available upon request. Schedule your tour today.

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    © 2021 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 BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2021-01-15T23:52:40.413 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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    2143 S California Avenue Chicago, IL 60608

    • Price: $599,000
    • Status: Active
    • MLS #: 10943784
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    7,500
    SQFT
    $80
    $/SQFT
    1893
    Built
    Neighborhood:
    Chi - South Lawndale
    County:
    Cook
    Area:
    Chi - South Lawndale
    Property Description
    Investors: your dreams become real in West Pilsen with this incredibly rare opportunity offering tremendous income potential. Set on a 25' x 130' lot, this mixed-use building is zoned C1-2 with a large ground-level commercial space and 4 rental units - each with 2bd/1ba floorplans, one unit recently remodeled, and month-to-month leases. The building has been family-owned for nearly 5 decades with one of the owners living there his entire life. Recent improvements include installing 22 new windows as well as tuckpointing. The estimated cap rate is 10%. Adjacent to Pilsen (one of the city's hottest and fastest-growing neighborhoods) and located by commercial Cermak Road with plenty of restaurants, Walmart, and Pete's Fresh Market. It's a 10-minute walk from Douglas Park and steps to the California Pink Line with quick, easy access to I-55 / I-90 / I-290 and the Loop. Detached garage included; plat available upon request. Schedule your tour today.
    Exterior Features

    Outdoor Parking 1-5 Spaces Parking Total 4

    Interior Features

    Cooling Window Unit(S) Electric Separate Meters Fire Protection Alarm On Site Heat Ventilation Wall Unit Indoor Parking 1-5 Spaces Number Of Apts 4 Number Of Offices 0 Number Of Ranges 4 Number Of Refrigs 4 Number Of Stores 1

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Electric Expense 400 Fuel Expense 0 Geographic Locale Chicago West Gross Income 1500 Gross Scheduled Income 34800 Insurance Expense 4000 Lot Size Dimensions 3225 Number Of Tenants 5 Other Expense 0 Tax Annual Amount 2429.03 Tax Year 2018 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 2900 Trash Expense 600 Utilities Electric To SiteGas To SiteWater-Municipal Water Drainage None Water Sewer Expense 1500

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Keller Williams Onechicago.


    © 2021 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 BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2021-01-15T23:52:40.413 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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