2435 S California Boulevard Chicago, IL $ 1,100,000
2435 S California Boulevard
$ 1,100,000
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2435 S California Boulevard

Chicago, IL, 60623
$ 1,100,000
Bedrooms9 Baths0.0 Sq 6,225

Monthly Estimate*

$ 6,773

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Multi-Family Home for sale in Chicago, IL

for $1,100,000 with 9 bedrooms. This 6,225 square foot home was built in 1904 on a lot size of 0.07.

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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Multi-Family Active

Price

$ 1,100,000

Bedrooms

9

Property Type

Multi-Family

Taxes

$ 14,168

Style

Multi-Family

Lot Size

0.07

Year Built

1904

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12591459

Features
General
Cooling Central Air Central Individual
Utilities Sewer Connected Water Available
Roof Composition Rubber
Zoning MULTI
Construction Materials Brick Stone
Year Built 1904
Electric Circuit Breakers Separate Meters
Tenant Pays Air Conditioning Electricity Heat Hot Water
Stories Count 3
Township West Chicago
Tax Year 2024
Current Use Multi-Family
Gross Income 114240
County Cook
Net Operating Income 76942
Operating Expense 23130
Insurance Expense 5000
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 3000
Possible Use Multi-Family
Status New
Directions 24th & California - East to Washtenaw West on 24th Pl to 2435.
City Chicago
Number Of Units Total 6
MLS Area CHI - South Lawndale
Lot Size Square Feet 2910
Tax Annual Amount 14168
Electric Expense 975
Fuel Expense 0
Trash Expense 4000
Water Sewer Expense 3529
Additional Parcels Y/N N
Standard Status Active
Cap Rate 7
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Interior
Basement Unfinished Exterior Entry
Total Fireplaces 0
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Exterior
Water Source Municipal Water
Foundation Details Block Brick/Mortar
Building Area Total 6225
Lot Dimensions 25X120
Lot Size Acres 0.07
Frontage Type City Street
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* Excluded Features
List By
Exp Realty

Broker

michael.scanlon@exprealty.com

Email

Affordability Calculator

$7,954
Per Month
85%
15%
0%
Monthly Principal & Interest
$6,773
Monthly Property Taxes
$1,181
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
3/13/2026$1,100,000 Listed Price

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2435 S California Boulevard, Chicago, IL, 60623 is a Multi-Family Home for sale at $1,100,000 with 6,225 sqft and a lot size of 0.07. 2435 S California Boulevard has 9 bedrooms, 0.0 baths, and was built in 1904. The property's zip code is 60623 which is in Chicago, IL