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$ 1,100,000

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5017 N California Avenue Chicago, IL 60625

7 Beds

3,484 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12357559

Bedrooms 7

Year Built 1925

Annual Tax Amount $14,380

Tax Year 2023

Lot Size 3,484 Sqft

Lot Dimensions 30X120

Property Sub-Type Two to Four Units

Property Description

This PRISTINE 3-FLAT WITH ADDITIONAL GARDEN APARTMENT offers high-end condo quality finishes throughout the building and presents an INCREDIBLE INVESTMENT OPPORTUNITY. Current yearly rental income of $92,280 is below market value and could easily be increased. All apartments have been rehabbed with beautiful, modern kitchens and baths, in-unit laundry, hardwood floors (except the garden apartment) and spacious room sizes due the wider foot print of the building which sits on an extra-wide 30ft lot. Recent rehab created the perfect marriage of original vintage details and modern updates making these apartments highly desirable and easy to rent. Other recent updates include newer back porch, newer electric main and backup common laundry in the basement. Building also features a lovely backyard with 2-car garage and 3rd car parking pad. Sitting in a great location just 5 blocks from the Brown Line "L" and the heart of Lincoln Square with all of its wonderful shops and restaurants and only 2 blocks from beautiful River Park and the Chicago River walk with canoe launch, playground, dog park, pool and sports facilities this location simply can't be beat! This building is a turnkey investment property with great long-term tenants, but would also be perfect for an owner occupant buyer.

Location

State IL

County Cook

Community Park, Curbs, Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Radiator(s)

Fireplace N

Exterior

Exterior Feature Lighting

Garage Spaces 2.0

Utilities Available Cable Available

View Y/N true

Building

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://tours.vht.com/BWI/T434029412/nobranding

Listed by Michael Hall • Baird & Warner