Listing provided courtesy of eXp RealtyMREDas Distributed by MLSGrid- MLS# 12591459
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Request Info2435 S California BoulevardChicago, IL 60623
Commercial · 9 Beds · 6,225 Sq. ft. | 0.07 Acres$1,100,000
Active
2435 S California Boulevard Overview
- Time on Site:
- 108 days
- Visits:
- 1
Large brick 6-unit overlooking California Boulevard. In place 7% CAP rate with rental upside. Plus potential to add 2 more garden units with existing city approved plans conveyed in price. Great corner building with 3 full floor units, plus a coach house with 3 additional units. The property was gut renovated in 2017 and still has a great value add opportunity through bringing rents to market. The modern units feature granite, hardwood, central forced air HVAC, dishwashers, in-unit W/D and spacious bedrooms and bathrooms. Long time professional property management is willing to stay in place making this a true turn key investment in a rapidly appreciating sub market.
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2435 S California Boulevard Facts & Features
- Type Commercial
- Sq. ft. 6,225
- Price/Sq.ft. $177
- Lot 0.07 Acres
Details
General
Income/Expenses
- Other Expense: 0
- Electric Expense: 975
- Fuel Expense: 0
- Gross Income: 126300
- Insurance Expense: 5000
- Maintenance Expense: 3000
- Net Operating Income: 84687
- Operating Expense: 23130
- Trash Expense: 4000
- Water Sewer Expense: 3529
Building Information
- Year Built: 1904
Business Information
- Current Use: Multi-Family
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - South Lawndale
- Township: West Chicago
Rent/Lease Information
- Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
Tax Information
- Tax Annual Amount: $14,168.00
- Tax Year: 2024
General Information
- Parcel Number: 16252170010000
- Possible Use: Multi-Family
- Property Type: Commercial Sale
- Zoning: MULTI
Interior
Building Interior
- Building Area Total: 6225
General Information
- Basement: Unfinished, Exterior Entry
- Cooling: Central Air, Central Individual
- Electric: Circuit Breakers, Separate Meters
- Fireplaces Total: 0
- Foundation Details: Block, Brick/Mortar
- Stories: 3
Exterior
Lot Information
- Additional Parcels: No
- Frontage Type: City Street
- Lot Size Dimensions: 25X120
- Lot Size Square Feet: 2910
- Water Source: Municipal Water
Building Exterior/Construction
- Construction Materials: Brick, Stone
- Roof: Composition, Rubber
General Information
- Number Of Units Total: 6
- Utilities: Sewer Connected,Water Available
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 3
- Baths Total: 2
- Units Total: 3
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 2
- Baths Total: 1
- Units Total: 1
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 1
- Baths Total: 1
- Units Total: 1
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 3
- Baths Total: 2
- Units Total: 1
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 0
- Baths Total: 1
- Units Total: 0
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 0
- Units Total: 0
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 0
- Units Total: 0
2435 S California Boulevard Neighborhood
Community
60623 (Chicago) Demographics
33
Median Age
14,242
Population Density (per sq. mile)
17%
College Educated
$34,714
Estimated Median Income
9,269
Estimated Total Home Owners
16,477
Estimated Total Renters
36% / 64%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2435 S California Boulevard Monthly Cost
2435 S California Boulevard Market Data
Based on the last 30 days in this zip code
$338,047
Average List Price
$199
Average Price per Square Foot
6
Properties Sold
76
Average Days on Market
25
Properties for Sale
2435 S California Boulevard History
| Date | Value | Agent |
|---|---|---|
| 3/18/2026Source: MRED | Active |
|
| 3/13/2026Source: MRED | March 13, 2026 |