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Fully Gutted Multifamily Property
For Sale
$375,000

1116 S California Avenue, Chicago, IL 60612

MULTI_FAMILY - Chicago, IL

Lot Size0.07 Acres
Days on Market51

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 1, Bedroom 4, Basement, Bathroom 5, Bedroom 2, Bathroom 4, Bedroom 8, Bathroom 2, Bathroom 6, Bedroom 7, Bedroom 9, Bedroom 5, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 6
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: Jul 28 Last Checked: Aug 2 at 4:06AM
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 for-sale multifamily property has been fully gutted, leaving the interior cleared out and ready for a tenant-ready renovation, redevelopment, or custom build-out to fit the buyer’s plan. The listing information does not provide a current unit layout, size, or finished improvements, so the scope of interior work will be determined as part of the redesign and permitting process.

The property is located at 1116 S California Avenue in Chicago, IL 60612 and is listed under MULTI zoning. The public remarks state the site is near Douglas Park and close to the Tri-Taylor and Illinois Medical District neighborhoods, with nearby public transportation options and quick access to the I-290 expressway.

For buyers, developers, and owner-occupants seeking a redevelopment-ready multifamily site, the cleared interior can reduce the time and complexity of initial demo work. With MULTI zoning and a blank interior canvas already in place, the property can be evaluated for a range of renovation or reconfiguration concepts consistent with applicable local requirements.

Key Highlights

  • Steps away from Douglas Park, near Tri‑Taylor and the Illinois Medical District neighborhoods
  • Fully gutted/cleared interior, providing an open blank canvas for renovation or redevelopment
  • Brick exterior with a balcony and asphalt roof

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.

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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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily for sale with interiors fully gutted, offering a clean foundation for renovation or redevelopment under MULTI zoning.
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: Steps away from Douglas Park, near Tri‑Taylor and the Illinois Medical District neighborhoods; Fully gutted/cleared interior, providing an open blank canvas for renovation or redevelopment; Brick exterior with a balcony and asphalt roof
More about this property
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