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Six-Unit Building Overlooking California Boulevard

2435 S California Boulevard, Chicago, IL 60623

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For Sale

$1,100,000

MULTI_FAMILY - Chicago, IL

Lot size:

0.07 Acres

HighLights

6‑unit brick building (3 full‑floor units plus a coach house with 3 additional units), overlooking California Boulevard
Gut renovated in 2017; modern units feature granite surfaces, hardwood floors, and central forced air HVAC
In‑place 7% CAP rate with rental upside, plus potential to add 2 more garden units using existing city‑approved plans conveyed with the price
Each unit includes in‑unit W/D and dishwashers, with spacious bedrooms and bathrooms
Year built 1904 with brick and stone construction materials
Central air cooling and composition/rubber roof; water available

We can help!

Listing Contact

Michael Scanlon

For Sale

$1,100,000

MULTI_FAMILY - Chicago, IL

Lot size:

0.07 Acres

Added:: Mar 13, 2026
Days on Market:: 103
Last Refresh:: Jun 23 at 11:06 am

Property Features for 2435 S California Boulevard

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: MULTI
Bedrooms: 15
Bathrooms: 11
Rooms: Bedroom 7, Bathroom 6, Bedroom 6, Bedroom 15, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 11, Bedroom 11, Bedroom 14, Bathroom 9, Bedroom 13, Bathroom 7, Bathroom 8, Bedroom 12, Bedroom 10, Bedroom 8, Bathroom 3, Bedroom 2, Bathroom 5, Bedroom 1, Bathroom 10, Bedroom 9, Basement, Bathroom 4, Bathroom 2
Basement: Exterior Entry, Unfinished
Standard status: Active
APN: 16252170010000
Lot size: 0.07 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 14168

Utilities

Utilities: Water Available
Cooling system: Central Air

Building Details

Year built: 1904
Floors in Building: 3
Number of units: 6
Building materials: Brick, Stone
Roof type: Composition, Rubber

We can help!

Listing Contact

Michael Scanlon

Listing agent Michael Scanlon License #475188240

Listing office eXp Realty 939 W. North Ave., Chicago, IL

Listing date Mar 13, 2026

MLS# 12591459 Listing URL

HighLights

6‑unit brick building (3 full‑floor units plus a coach house with 3 additional units), overlooking California Boulevard
Gut renovated in 2017; modern units feature granite surfaces, hardwood floors, and central forced air HVAC
In‑place 7% CAP rate with rental upside, plus potential to add 2 more garden units using existing city‑approved plans conveyed with the price
Each unit includes in‑unit W/D and dishwashers, with spacious bedrooms and bathrooms
Year built 1904 with brick and stone construction materials
Central air cooling and composition/rubber roof; water available

Overview

This large brick six-unit building overlooks California Boulevard. It currently operates at a 7% CAP rate, with potential for increased rental income. City-approved plans to add two garden units are included in the price. The corner building features three full-floor units, plus a coach house with three additional units. Gut-renovated in 2017, the property offers a value-add opportunity by bringing rents to market rates. The modern units include granite countertops, hardwood floors, central forced air HVAC, dishwashers, in-unit washer/dryers, and spacious bedrooms and bathrooms. The property is located in a rapidly appreciating sub-market. Long-term professional property management is willing to remain in place, making this a turnkey investment.

Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.69405
Latitude: 41.847251

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For sale
Apartment buildings
IL
Chicago
60623
2435 S California Boulevard

What type of property is this?

Apartment building - Renovated six-unit building with potential for two additional units.

Where is this apartment building located?

The property is located at 2435 S California Boulevard Chicago, IL.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: 6‑unit brick building (3 full‑floor units plus a coach house with 3 additional units), overlooking California Boulevard; Gut renovated in 2017; modern units feature granite surfaces, hardwood floors, and central forced air HVAC; In‑place 7% CAP rate with rental upside, plus potential to add 2 more garden units using existing city‑approved plans conveyed with the price

2435 S California Boulevard, Chicago, IL 60623

MULTI_FAMILY - Chicago, IL

Property Features for 2435 S California Boulevard

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Renovated Chicago Industrial Flex Warehouse

West Town Corner Retail Space

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with Licenses

Turnkey Restaurant Opportunity in Chicago

Prime Retail Space in Chicago

Chicago Office Building with Parking

Convenience Store Retail Building with Parking

Chicago Commercial Buildings For Sale

Chicago Commercial Space for Sale

Fulton River District Commercial Loft

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