Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
16 Properties Within 0.5 miles of: 5644 N California, Chicago

5644 N California
Chicago, IL 60659

  • Built In 2008
Price

$2,250,000

Est Payment
$13,932 / month (details)  
Taxes
$28,377  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
50X125  
Built
2008  
Neighborhood
Peterson Park  
MLS
#12739535
Status
Active

Property Description

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 Map

Property Details

Utilities

  • Heating
  • Cooling Central Individual
  • Water Municipal Water
  • Sewer

Additional Information

Payment Calculator

$
$
$
$
$
%
$
years
%
Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Nearby Transportation

  • Bus 93 < 0.1 mi
  • Bus 11 0.1 mi
  • Bus 84 0.4 mi
  • Bus 49B 0.5 mi
  • Bus 92 0.6 mi
  • Bus X49 0.7 mi
  • Bus 49 0.7 mi
  • Bus 82 0.7 mi
  • Bus 155 0.9 mi
  • Bus 96 1.1 mi
  • Bus 81 1.1 mi
  • Bus 50 1.2 mi
  • I 94 West 2.5 mi
  • I 94 East 2.6 mi
  • I 90 West 2.6 mi
  • I 90 East 2.7 mi
grid
Register to see 0 more properties