Nestled in a vibrant neighborhood close to parks, shops, public transit, and bustling local businesses, this updated property offers a rare investment opportunity. Spanning two separate buildings, it features an impressive, income-generating setup: a 4-unit residential section plus a restaurant space, totaling 7 bedrooms and 4 full bathrooms. The front building boasts a highly visible restaurant or commercial space on the ground floor, drawing steady foot traffic, with a spacious 2-bedroom, 1-bath apartment above and a full basement below. Coin-operated laundry in the basement provides extra income for the owner. The rear building enhances the property’s value with two additional 2-bedroom, 1-bath apartments and a basement unit. A 1-car garage adds convenience, while tenants covering all utilities keeps expenses low. The mixed-use design means you benefit from both residential and commercial tenants, ensuring a diverse and steady income stream.
Property Details
Price:
$849,999
MLS #:
MRD12663078
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chisouthlawndale
Listed Date:
Jun 7, 2026
Total Sq Ft:
5,550
Year Built:
1891
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick
Stories
2
Financial
Tax Year
2023
Taxes
$8,795
Map
Community
- Address2524 S California Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60608
Market Summary
Current real estate data for Commercial in Chicago as of Jun 18, 2026
914
Commercial Listed
185
Avg DOM
$992,303
Avg List Price
Property Summary
- 2524 S California Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60608. It is listed for $849,999
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Copyright 2026. All rights reserved.
2524 S California Avenue
Chicago, IL


