2435 South California, Chicago IL 60623
Property Description
Large brick 6-unit overlooking California Boulevard. In place 7% CAP rate with rental upside. Plus potential to add 2 more garden units with existing city approved plans conveyed in price. Great corner building with 3 full floor units, plus a coach house with 3 additional units. The property was gut renovated in 2017 and still has a great value add opportunity through bringing rents to market. The modern units feature granite, hardwood, central forced air HVAC, dishwashers, in-unit W/D and spacious bedrooms and bathrooms. Long time professional property management is willing to stay in place making this a true turn key investment in a rapidly appreciating sub market.
Features & Information
Key Details
- List Price $1,100,000
- Property Taxes $14,168
- Price/ Sq. Ft. Unavailable
- Year Built 1904
- Status New
Building Information
- Age of Building New Rehab
- Exterior Construction Brick,Stone
- Foundation Block,Brick
- Heating & Cooling Forced Air, Gas
Location
- County Cook
- Directions to Property 24th & California - East To Washtenaw, West On 24th Pl To 2435.
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Property Taxes
- Tax 14168
- Parcel Identification Number 16252170010000
Listed by: eXp Realty | Phone: 888.574.9405
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 3/14/2026 11:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Little Village
Little Village, or South Lawndale as it was formerly known, is an area ripe with culture. Today it is a predominantly Mexican-American neighborhood, but in years past it has been host to ethnic groups such as Italians, Czechs, Irish, Croatians and Slovenians. These days, Little Village is fast becoming a popular neighborhood for young families looking for quality housing at affordable prices. New condominiums and vintage flats are a big draw for first-time homebuyers, while detached homes and brick bungalows catch the eye of families and folks who like a little more space. The neighborhood's strong Hispanic heritage is apparent in the multitude of excellent Mexican restaurants, Spanish-named stores and specialty grocery items you can get here. And there is no doubt Little Village residents take pride in their roots when the Mexican Independence Day Parade comes through each year, serenaded by mariachi bands and a sea of spectators dressed in Mexico's colors – red, white and green.
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