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Multifamily Property with Balcony
For Sale
$375,000

1116 S California Avenue, Chicago, IL 60612

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market83

Property Features for 1116 S California Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 6, Bedroom 2, Bathroom 2, Bedroom 7, Bathroom 1, Bathroom 5, Bedroom 1, Bathroom 4, Bedroom 8, Basement, Bedroom 9, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 3, Bedroom 4
Parking 3
Parking features Off Alley, Owned, Assigned
Exterior features Balcony
Fencing Fenced
Basement Full, Unfinished
Subdivision Lawndale
Elementary school district 299
Middle school district 299
High school district 299
Directions Roosevelt to California, North to 1116
Standard status Active
APN 16133310210000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5889

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1917
Building materials Brick
Roof type Asphalt
Listing Agency: HomeSmart Connect LLC · HomeSmart International
Listed By: Mariusz Misiewicz · License #471020684
Added: Jun 13 Changed: Sep 3 Last Checked: Sep 3 at 10:06PM
MLS# 12676727

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property sits on a 0.07-acre lot and was built in 1917. The interior has been fully gutted, leaving the building cleared for a new renovation or redevelopment plan. Existing features include brick construction, a balcony, fenced grounds, and off-alley, assigned, and owned parking. The property is served by public water and public sewer, with natural gas heating and an asphalt roof.

The address is near Douglas Park, the Tri-Taylor area, and the Illinois Medical District. Public transportation options are nearby, while I-290 provides access toward downtown Chicago and surrounding neighborhoods. Major hospitals, universities, dining, and shopping destinations are also located within minutes.

Key Highlights

  • 0.07‑acre multifamily property in Chicago
  • Fully gutted interior prepared for renovation or redevelopment
  • Brick construction with an existing balcony

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,657
Businesses Nearby

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Fully cleared interior offers a flexible starting point for renovation or redevelopment planning.
Where is this multifamily property located?
The property is located at 1116 S California Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 0.07‑acre multifamily property in Chicago; Fully gutted interior prepared for renovation or redevelopment; Brick construction with an existing balcony
More about this property
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