Investor Special: High-Yield 2-Bed Condo in Lincoln Square / Budlong Woods. Maximize your real estate portfolio with this turnkey, cash-flowing 2-bedroom, 1-bathroom condo at 5335 N California Avenue. Located in a highly desirable, well-managed building with no rental cap, this property offers an immediate, hassle-free income stream. Financial & Investment HighlightsInstant Cash Flow: Currently rented at $1,800/month.Flexible Tenancy: Reliable tenant is on a month-to-month lease and wishes to stay. Investor-Friendly: Most units are investor-owned with no rental restrictions. Low Overhead: Monthly assessment covers almost all major utilities and upkeep. As-Is Sale: Priced perfectly for a straightforward, efficient transaction. Building & Property FeaturesAll-Inclusive Assessment: Includes heat, hot/cold water, exterior maintenance, and common insurance.Parking Included: Comes with one rare, assigned parking space. Upcoming Capital Upgrade: Elevator modernization project is fully contracted and starting soon. Strong Management: Professionally managed, well-maintained building. Unbeatable Location Amenities Healthcare Hub: Just minutes away from Swedish Covenant Hospital. Public Transit: CTA bus stop sits directly in front of the building.Daily Conveniences: Steps to Tony’s Fresh Market grocery store and local parks. CASH deals only due to the current elevator court violations. The elevator is going thru the modernization process and it should be completed by early 2027. No special assessments for the elevator, the HOA has the necessary funds to complete the project
Property Details
Price:
$185,000
MLS #:
MRD12650474
Status:
Active
Beds:
2
Baths:
1
Type:
Condo
Neighborhood:
chilincolnsquare
Listed Date:
May 17, 2026
Finished Sq Ft:
875
Year Built:
1958
See this Listing
Schools
School District:
299
Interior
Appliances
Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Wall Unit(s)
Heating
Steam
Interior Features
Elevator, Storage
Exterior
Association Amenities
Coin Laundry, Elevator in Residence, Storage
Construction Materials
Brick
Parking Features
Assigned, Yes
Parking Spots
1
Parking Total
1
Financial
HOA Fee
$378
HOA Fee Frequency
Monthly
HOA Includes
Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Tax Year
2025
Taxes
$3,109
Map
Community
- Address5335 N California Avenue #304 Chicago IL
- CityChicago
- CountyCook
- Zip Code60625
Market Summary
Property Summary
- 5335 N California Avenue #304 Chicago IL is a Condo for sale in Chicago, IL, 60625. It is listed for $185,000 and features 2 beds, 1 baths, and has approximately 875 square feet of living space, and was originally constructed in 1958. The current price per square foot is $211. The average price per square foot for Condo listings in Chicago is $376. The average listing price for Condo in Chicago is $637,605.
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5335 N California Avenue #304
Chicago, IL


