2435 S California Boulevard
Chicago, IL, 60623
$1,100,000
9 Beds
7 Baths
0 SqFt
0.07 Acres
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MLS #MRD12591459 image #0
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.

Property Details

Price:
$1,100,000
MLS #:
MRD12591459
Status:
Active
Beds:
9
Baths:
7
Type:
Commercial
Neighborhood:
chisouthlawndale
Listed Date:
Mar 13, 2026
Total Sq Ft:
6,225
Lot Size:
2,910 sqft / 0.07 acres (approx)
Year Built:
1904
Chi – South LawndaleChisouthlawndale

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Schools

Interior

Cooling
Central Air, Central Individual

Exterior

Construction Materials
Brick, Stone
Roof
Composition, Rubber
Stories
3

Financial

Maintenance Fee
$3,000
Net Operating Income
$76,942
Tax Year
2024
Taxes
$14,168

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of May 15, 2026
894
Commercial Listed
191
Avg DOM
$1,025,448
Avg List Price

Property Summary

    2435 S California Boulevard Chicago IL is a Commercial for sale in Chicago, IL, 60623. It is listed for $1,100,000

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