5644 N California Avenue Chicago, IL $ 2,150,000
5644 N California Avenue
$ 2,150,000
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5644 N California Avenue

Chicago, IL, 60659
$ 2,150,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 13,575

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Multi-Family Home for sale in Chicago, IL

for $2,150,000 with 3 bedrooms. This home was built in 2008.

Excellent investment opportunity at 5644 N California Avenue! This well-maintained, newer-construction 6-unit multifamily building offers an attractive opportunity for investors looking to add a strong income-producing asset to their portfolio or buyers seeking a potential 1031 exchange property. The building features six spacious units with desirable layouts, quality finishes, in-unit laundry, individual HVAC, outdoor space, and on-site parking. Tenants are responsible for their own utilities, helping keep owner-paid operating expenses manageable. The property has been thoughtfully maintained, with the owner utilizing a dedicated GC for ongoing maintenance and improvements. Recent capital and turnover work have included some appliance and mechanical replacements, railings, as well as roof and tuckpointing work. With a desirable unit mix, and the potential to benefit from future rent growth, this is an appealing long-term investment. Ideal for a seasoned investor, portfolio buyer, or 1031 exchange purchaser looking for a quality Chicago multifamily asset. Conveniently located near shopping, dining, transportation, parks, and neighborhood amenities. Please inquire for rent roll, operating expenses, and additional investment information.

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Multi-Family Active

Price

$ 2,150,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 28,377

Style

Multi-Family

Year Built

2008

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12770199

Features
General
Cooling Central Individual
Utilities Water Available
Zoning MULTI
Construction Materials Brick
Year Built 2008
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat
Stories Count 3
Township North Chicago
Tax Year 2024
Current Use Multi-Family
Gross Income 189480
County Cook
Net Operating Income 136699
Operating Expense 52781
Insurance Expense 6289
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 7950
Possible Use Condominium Multi-Family
Status Active
Directions Take North or South on California
City Chicago
Number Of Units Total 6
MLS Area CHI - West Ridge
Tax Annual Amount 28377
Electric Expense 553
Fuel Expense 0
Trash Expense 1440
Water Sewer Expense 7571
Additional Parcels Y/N N
Standard Status Active
Cap Rate 6
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Exterior
Water Source Municipal Water
Lot Dimensions 50X125
Frontage Type City Street
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* Excluded Features
List By
North Clybourn Group, Inc.

Broker

lisa@ncgchicago.com

Email

Affordability Calculator

$15,940
Per Month
85%
15%
0%
Monthly Principal & Interest
$13,575
Monthly Property Taxes
$2,365
Monthly Home Insurance
--
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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/26/2026$2,150,000 Listed Price

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5644 N California Avenue, Chicago, IL, 60659 is a Multi-Family Home for sale at $2,150,000. 5644 N California Avenue has 3 bedrooms, 0.0 baths, and was built in 2008. The property's zip code is 60659 which is in Chicago, IL