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Gutted Multifamily Building
New
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 Market2

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 Basement, Bedroom 2, Bedroom 5, Bedroom 9, Bedroom 7, Bathroom 1, Bathroom 4, Bathroom 3, Bedroom 8, Bathroom 2, Bathroom 5, Bedroom 4, Bedroom 1, Bathroom 6, Bedroom 3, Bedroom 6
Parking 3
Parking features Owned, Off Alley, Assigned
Exterior features Balcony
Fencing Fenced
Basement Unfinished, Full
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: Oct 30 Last Checked: Oct 31 at 7:06PM
MLS# 12798003

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.

Rey
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Investment Insights

Based on property information with market context.

This brick multifamily building dates to 1917 and has a nine-bedroom, six-bathroom layout. Its interior has been cleared, and the property includes a balcony, fenced grounds, and assigned parking accessed off the alley. Public water and sewer serve the site, with natural gas heating.

The 0.07-acre property is in Chicago near Douglas Park and the Tri-Taylor and Illinois Medical District neighborhoods. Public transportation is nearby, and I-290 provides a connection toward downtown and surrounding neighborhoods. Hospitals, universities, dining, and shopping are also identified in the surrounding area.

Key Highlights

  • Interior cleared for renovation or custom design
  • Nine bedrooms and six bathrooms
  • 0.07‑acre site in Chicago

Property Analytics

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Open Analytics

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The cleared interior offers a starting point for a renovation plan or custom design.
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: Interior cleared for renovation or custom design; Nine bedrooms and six bathrooms; 0.07‑acre site in Chicago
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