Bought with Davia Lipscher of @properties Christie's International Real Estate
$1,115,000
$1,125,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
5017 N California Avenue Chicago, IL 60625
7 Beds
3,484 Sqft Lot
Key Details
Sold Price $1,115,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12423580
Style Greystone
Bedrooms 7
Year Built 1925
Annual Tax Amount $14,380
Tax Year 2023
Lot Size 3,484 Sqft
Property Sub-Type Two to Four Units
Property Description
This PRISTINE 3-FLAT WITH ADDITIONAL GARDEN APARTMENT offers high-end condo quality finishes throughout the building and presents an incredible investment opportunity with yearly rents of $101,460 due to recent leasing activity and renewals. 1st floor apartment is currently month-to-month making it available for owner occupancy if so desired, or for a large rent increase to market value. All apartments have been rehabbed with beautiful, modern kitchens and baths, in-unit laundry, hardwood floors (except the garden apartment) and spacious room sizes due the wider foot print of the building which sits on an extra-wide 30ft lot. Recent rehab created the perfect marriage of original vintage details and modern updates making these apartments highly desirable and easy to rent. Other recent updates include newer back porch, newer electric main and backup common laundry in the basement. Building also features a lovely backyard with 2-car garage and 3rd car parking pad. Sitting in a great location just 5 blocks from the Brown Line "L" and the heart of Lincoln Square with all of its wonderful shops and restaurants and only 2 blocks from beautiful River Park and the Chicago River walk with canoe launch, playground, dog park, pool and sports facilities this location simply can't be beat! This building is a turnkey investment property, but would also be perfect for an owner occupant.
Location
State IL
County Cook
Community Park, Curbs, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Interior
Heating Natural Gas, Radiator(s)
Exterior
Exterior Feature Lighting
Garage Spaces 2.0
Utilities Available Cable Available
View Y/N true
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Special Listing Condition None
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