2524 S California Avenue,Chicago, IL 60608
Chicago, IL 60608
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)!
Details
| MLS# | 12289168 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1891 |
| Days On Site | 65 |
| Listing Provided By | Real Broker LLC | Rafay Qamar |
Features
| SQ Feet | 4,050 |
|---|---|
| Story(s) | 2 |
| Units | 5 |
Market Activity 60608
Request a showing
Request a showing
Contact
Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60608 |
| Area | CHI South Lawndale |
| Listing VS Median (in 60608) | |
Price: $1,100,000 low | high Med: $232,500 SqFt: 4,050 low | high Med: 951 $ / SqFt: $272 low | high Med: $260 On site: 65 low | high Med: 47.000000 | |