4177 Illinois St San Diego, CA $ 2,485,000
4177 Illinois St
$ 2,485,000
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4177 Illinois St

San Diego, CA, 92104
$ 2,485,000
Bedrooms-- Baths--

Monthly Estimate*

$ 15,691

Listed by Marcus & Millichap
4177 Illinois St, San Diego, CA 92104 - Image 1
4177 Illinois St, San Diego, CA 92104 - Image 2
4177 Illinois St, San Diego, CA 92104 - Image 3
4177 Illinois St, San Diego, CA 92104 - Image 4
4177 Illinois St, San Diego, CA 92104 - Image 5
4177 Illinois St, San Diego, CA 92104 - Image 6

Commercial Property for sale in San Diego, CA

for $2,485,000.

4177 Illinois Street, an 8-unit multifamily property located in the heart of North Park, one of San Diego's most desirable rental markets. The property features a balanced unit mix of four 1-bedroom/1-bathroom units and four 2-bedroom/2-bathroom units, along with eight off-street parking spaces. Recent capital improvements include a new roof installed in 2023, upgraded landscaping, and an expanded on-site laundry facility with new commercial-grade WASH-operated machines. The property also benefits from a RUBS program implemented on 7 of the 8 units, generating additional income with the opportunity for further expansion. With strong in-place cash flow, supplemental income sources, and a highly sought-after North Park location, 4177 Illinois Street presents investors with an attractive combination of stability and long-term upside potential.

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Commercial Active

Price

$ 2,485,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260017952SD

Days on Market

3

Features
General
HOA Fee 0
Property Subtype Mixed Use
County San Diego
Net Operating Income 117579
Operating Expense 68293
Property Type Commercial Sale
Status Active
City San Diego
Number Of Units Total 8
MLS Area 92104 - North Park
Standard Status Active
Property Sub Type Additional Mixed Use
Cap Rate 4.73
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Interior
Air Conditioning Y/N true
Heating Y/N false
Total Baths 0
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Exterior
Total Parking 8
Number of Buildings 1
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* Excluded Features
List By
Marcus & Millichap

Broker

tmccartin@marcusmillichap.com

Email

Affordability Calculator

$15,691
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,691
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/22/2026$2,485,000 Listed Price

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4177 Illinois St, San Diego, CA, 92104 is a Commercial Property for sale at $2,485,000. The property's zip code is 92104 which is in San Diego, CA