Search
39-Unit Apartment Building
For Sale
Contact for pricing
Pending

1622 N California Ave, Chicago, IL 60647

Repurposed studio apartments feature in-unit laundry, custom cabinetry, and generous closet space.

Property Size18,800 SF
Days on Market141

Property Features for 1622 N California Ave

General Information

Standard status Pending
Size 18,800 SF
Property subtype Multifamily

Site & Location

Road Access Yes
Public Transit Yes

Additional Details

Multifamily Units 39

Amenities

in-unit washer/dryer

Building Details

Year Built 2019
Listing Agency: Colliers - Chicago Downtown, Illinois
Listed By: Tyler Hague, LEED AP · License #IL 471009171
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 6:07AM

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 Colliers - Chicago Downtown, Illinois

Investment Insights

Based on property information with market context.

This 39-unit apartment property comprises studio residences within an 18,800 gross square foot building delivered in 2019. The asset was repurposed for residential use, with layouts designed around efficient urban living. In-unit washer and dryer sets, custom cabinetry, and substantial closet space are included throughout the apartments.

The property is situated on California Avenue in Chicago’s Humboldt Park neighborhood, with North Avenue located just south of the site. CTA Blue Line access is available a few blocks away at Damen Station, placing rail transportation within convenient reach. The surrounding setting also includes dining, recreation, and other neighborhood amenities.

Key Highlights

  • 39‑unit apartment property with studio layouts
  • 18,800 gross square feet delivered in 2019
  • Repurposed residential property in Chicago’s Humboldt Park neighborhood

Property Analytics

Current Use

The North Hotel Apartment Complex Freeman Electrical Handyman ... Hardware & Home Improvement

Suggested Use

Top Pick HVAC Service Nursing Home Pet Grooming Service Accounting Firm (Bike/Boat/Book/etc) Store Tanning Salon

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

39
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,372
Businesses Nearby

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Repurposed studio apartments feature in-unit laundry, custom cabinetry, and generous closet space.
Where is this apartment building located?
The property is located at 1622 N California Ave Chicago, IL.
What are key features of this property?
This property features: 39‑unit apartment property with studio layouts; 18,800 gross square feet delivered in 2019; Repurposed residential property in Chicago’s Humboldt Park neighborhood
(312) 612-5944 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message