5644 N California Avenue, Chicago, IL, 60659

$2,250,000

About 5644 N California Avenue

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.

Additional Information: This property is located in the CHI - West Ridge neighborhood, IL. This bedrooms multi family 5+ property is priced at $2,250,000.

Facts & Features

MLS® # 12739535
Price $2,250,000
Bathrooms 0.00
Taxes $28,377
Year Built 2008
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 5644 N California Avenue
Area CHI - West Ridge
City Chicago
County Cook
State IL
Zip Code 60659

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Individual
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 7
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $28,377

Listing Details

OfficeNorth Clybourn Group, Inc.

Listing Map

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