Excellent investment opportunity at 5644 N California Avenue! This well-maintained, newer-construction 6-unit multifamily building offers an attractive opportunity for investors looking to add a strong income-producing asset to their portfolio or buyers seeking a potential 1031 exchange property. The building features six spacious units with desirable layouts, quality finishes, in-unit laundry, individual HVAC, outdoor space, and on-site parking. Tenants are responsible for their own utilities, helping keep owner-paid operating expenses manageable. The property has been thoughtfully maintained, with the owner utilizing a dedicated GC for ongoing maintenance and improvements. Recent capital and turnover work have included some appliance and mechanical replacements, railings, as well as roof and tuckpointing work. With a desirable unit mix, and the potential to benefit from future rent growth, this is an appealing long-term investment. Ideal for a seasoned investor, portfolio buyer, or 1031 exchange purchaser looking for a quality Chicago multifamily asset. Conveniently located near shopping, dining, transportation, parks, and neighborhood amenities. Please inquire for rent roll, operating expenses, and additional investment information.
Property Details
Price:
$2,150,000
MLS #:
MRD12770199
Status:
Active
Beds:
3
Baths:
2
Type:
Commercial
Neighborhood:
chiwestridge
Listed Date:
Sep 26, 2026
Year Built:
2008
See this Listing
Schools
Interior
Cooling
Central Individual
Exterior
Construction Materials
Brick
Stories
3
Financial
Maintenance Fee
$7,950
Tax Year
2024
Taxes
$28,377
Map
Community
- Address5644 N California Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60659
Market Summary
Current real estate data for Commercial in Chicago as of Oct 05, 2026
885
Commercial Listed
186
Avg DOM
$1,021,568
Avg List Price
Property Summary
- 5644 N California Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60659. It is listed for $2,150,000
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5644 N California Avenue
Chicago, IL


