Gutted Multifamily
For Sale
$375,000
1116 S California Avenue, Chicago, IL 60612
Interior has been fully gutted, offering a cleared layout for renovation or redevelopment planning.
Property SizeContact for details
Days on Market174
Property Features for 1116 S California Avenue
General Information
Standard status
Active
Property subtype
MULTI_FAMILY
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$5,889
Building Details
Year Built
1917
Listing Agency:
HomeSmart Connect LLC
Listed By:
Mariusz Misiewicz · License #471020684
(847) 495-5000
Source:
Dawnmckennagroup
Added: Mar 19
Changed: Sep 5
Last Checked: Sep 8 at 10:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart Connect LLC
Investment Insights
Based on property information with market context.
This multifamily property has been fully gutted, with the interior cleared out and ready for renovation, redesign, or redevelopment planning. The existing condition provides a blank starting point for a new buildout tailored to the next owner’s concept and specifications.
The property is positioned just steps away from Douglas Park, with proximity to the Tri-Taylor and Illinois Medical District neighborhoods. Public transportation options are nearby, and the location offers quick access to the I-290 expressway for connections to downtown Chicago and surrounding areas.
Overall, the asset is presented in cleared condition, making it suitable for buyers looking to move forward with interior improvements from an open, demolition-complete state.
The property is positioned just steps away from Douglas Park, with proximity to the Tri-Taylor and Illinois Medical District neighborhoods. Public transportation options are nearby, and the location offers quick access to the I-290 expressway for connections to downtown Chicago and surrounding areas.
Overall, the asset is presented in cleared condition, making it suitable for buyers looking to move forward with interior improvements from an open, demolition-complete state.
Key Highlights
- Built in 1917
- Interior has been fully gutted, creating a cleared layout for renovation or redevelopment planning
- Located just steps from Douglas Park
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,657
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - Interior has been fully gutted, offering a cleared layout 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: Built in 1917; Interior has been fully gutted, creating a cleared layout for renovation or redevelopment planning; Located just steps from Douglas Park
