2325 S California Avenue Chicago, IL $ 1,475,000
2325 S California Avenue
$ 1,475,000
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2325 S California Avenue

Chicago, IL, 60608
$ 1,475,000
Bedrooms11 Baths0.0 Sq 4,963

Monthly Estimate*

$ 9,082

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Multi-Family Home for sale in Chicago, IL

for $1,475,000 with 11 bedrooms. This 4,963 square foot home was built in 1960 on a lot size of 0.139669.

A 7-unit brick, walk-up building in Chicago's thriving Little Village neighborhood within Marshall Square. This property boasts a diverse unit mix of three (3) one-bedroom / one-bath apartments, one (1) two-bedroom / one-bath apartment, one (1) two-bedroom / two-bath apartment, one (1) three-bedroom / two-bath apartment, and one (1) three-bedroom / three-bath apartment. This one-of-a-kind property has undergone a complete gut rehabilitation with no expense spared, featuring condo-quality finishes throughout. The apartment improvements include designer kitchens with white shaker-style cabinetry, quartz countertops, and stainless steel appliances, fully updated bathrooms with modern vanities and tile work, and new flooring. Every unit features in-unit stackable Whirlpool washer/dryer units, individual Ruud furnaces, and Rheem tankless water heaters for ultimate efficiency and tenant convenience. Additional building upgrades included a new 400 AMP electrical service with individual metering for each unit plus common areas. The property also offers five (5) surface parking spaces in the rear that provide additional income. Premium amenities include in-unit laundry and modern mechanical systems. This turnkey opportunity in Little Village offers a fully renovated, income-generating asset with significant growth potential.

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Multi-Family Active

Price

$ 1,475,000

Bedrooms

11

Property Type

Multi-Family

Taxes

$ 10,849

Style

Lot Size

0.139669

Year Built

1960

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12603425

Features
General
Cooling None
Roof Composition
Zoning COMMR
Construction Materials Brick
Year Built 1960
Electric Separate Meters Service - 201 to 600 Amps
Stories Count 2
Township South Chicago
Tax Year 2024
Gross Income 162043
County Cook
Net Operating Income 96420
Operating Expense 57520
Insurance Expense 5066
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 6300
Status Active
Directions California just South of Cermak Rd.
City Chicago
Number Of Units Total 7
MLS Area CHI - South Lawndale
Lot Size Square Feet 6084
Tax Annual Amount 10849
Electric Expense 303
Fuel Expense 5356
Trash Expense 2064
Water Sewer Expense 2501
Additional Parcels Y/N N
Standard Status Active
Cap Rate 6.54
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Exterior
Building Area Total 4963
Lot Dimensions 50 X 125
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* Excluded Features
List By
Essex 312, Llc

Broker

mitirpatel@gmail.com;mitirpatel@gmail.com

Email

Affordability Calculator

$9,986
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,082
Monthly Property Taxes
$904
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2026$1,475,000 Listed Price

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2325 S California Avenue, Chicago, IL, 60608 is a Multi-Family Home for sale at $1,475,000 with 4,963 sqft and a lot size of 0.139669. 2325 S California Avenue has 11 bedrooms, 0.0 baths, and was built in 1960. The property's zip code is 60608 which is in Chicago, IL