1641 South California Avenue

Chicago, IL 60608

$1,360,000
Price
18
Beds
11
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Attention Investors: Solid and attractive 8 unit building directly across iconic, beautiful Douglass Park. Located 2 blocks from Pink Line stop on California, 1 block east of Cinespace Film Studios and 1 block south of Mt. Sinai Hospital. Completely renovated building boasting new quartz countertops, ceramic tile throughout, stainless steel appliances, new floors in unit laundry, new steel porches, newer roof and much much more! Amazing new luxury construction just two doors north at 1635 S California....Attention Investors: Solid and attractive 8 unit building directly across iconic, beautiful Douglass Park. Located 2 blocks from Pink Line stop on California, 1 block east of Cinespace Film Studios and 1 block south of Mt. Sinai Hospital. Completely renovated building boasting new quartz countertops, ceramic tile throughout, stainless steel appliances, new floors in unit laundry, new steel porches, newer roof and much much more! Amazing new luxury construction just two doors north at 1635 S California. Underpriced at only $170,000 per unit. Lots of upside in rents and appreciation potential.
  1. Listed by Paul Tsakiris • First Western Properties

Property Details for 1641 South California Avenue

Area
CHI - North Lawndale
Township
West Chicago
Zoning
MULTI
LISTING UPDATED: 11/11/2024 12:27 PM

Property Details for 1641 South California Avenue

StatusNew
MLS #12207859
Days on Market5
Taxes$3,764 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1899
Lot Size0.09 AC / 3,930 SF
CountyCook County

Building Information for 1641 South California Avenue

Stories4Residences8Year Built1899Building Size-Lot Size0.09 AC / 3,930 SF

Property Information for 1641 South California Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
Location and General Information
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • # Of Washers: 8
  • Heat/Ventilation: Central Heat/Indiv Controls
  • # Of Refrigerators: 8
  • # Of Dryers: 8
  • # Of Dishwashers: 8
  • Num of Baths: 11.0
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Multi-Family Type: Other
  • Lot Dimensions: 30X131
  • Lot Size Square Feet: 3930.0
  • Stories: 4
  • Lot Size Source: Other
  • # Of Ranges: 8
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 12
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $141,930.00
  • Gross Scheduled Income: $141,930.00
  • Insurance Expense: $4,780.00
  • Maintenance Expense: $1,500.00
  • Electric Expense Source: Actual
  • Expense Year: 2024
  • Total Annual Expense Source: Combination
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 1800
  • Repairs-Decor Expense Source: Broker Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 12400
  • Water Expense Source: Actual
  • Net Operating Income: $125,076.00
  • Operating Expense: $16,854.00
  • Other Expense: $.00
  • Trash Expense: $714.00
  • Water Sewer Expense: $4,296.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1641 South California Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1641 South California Avenue

Taxable ValueLand$3,877Additions$22,698Total$26,575
Tax Record2022$5,466 ($455 / month)
Home Facts
Baths6Total Finished SqFt5,291 SqFtAbove Grade Finished SqFt5,291 SqFtStories3Lot Size3,300 SqFtStyleMulti-Family Res (5+ Units)Year Built1898CountyCOOKAPN16-24-400-016

Schools near 1641 South California Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Charter - 9 to 12
Public - 9 to 12
Rating
School
Distance
Plamondon Elementary School
PublicK to 8

Farragut Career Academy High School
Public9 to 12

Latino Youth Alternative High School
Charter9 to 12

Collins Academy High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1641 South California Avenue is a multi-family home for sale in Chicago, IL 60608. This property was listed for sale on November 11, 2024 by First Western Properties, it's currently listed at $1,360,000. It has been on the market for a total of 5 days and was last sold on March 17, 2021. This listing's school district is Chicago Public Schools. Nearby schools include Plamondon Elementary School, Farragut Career Academy High School and Latino Youth Alternative High School. 1641 South California Avenue is a 18-bed, 11-bath, multi-family home built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First Western Properties

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/11/2024 12:27 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.