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Mixed-Use Residential and Restaurant Building
For Sale
$795,000

2524 S California Avenue, Chicago, IL 60608

Two-building mixed-use property with a ground-floor restaurant space, multiple 2-bedroom apartments, basements, and coin-op laundry.

Property Size5,550 SF
Days on Market67

Property Features for 2524 S California Avenue

General Information

Standard status Active
Size 5,550 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $8,795

Building Details

Building Size 5,550 SF
Year Built 1891
Stories 2
Units 5
Listing Agency: Berkshire Hathaway HomeServices Chicago
Listed By: Tatiana Perry
Source: Birdrealtysells
Added: Jun 7 Changed: Aug 8 Last Checked: Aug 12 at 1:09PM

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 Berkshire Hathaway HomeServices Chicago

Investment Insights

Based on property information with market context.

Located at 2524 S California Avenue in Chicago, IL, this updated two-building property combines residential income with a ground-floor restaurant or commercial space. The front building includes a highly visible commercial space on the ground level, with a spacious 2-bedroom, 1-bath apartment above and a full basement below. Coin-operated laundry is located in the basement.

The rear building adds two additional 2-bedroom, 1-bath apartments, along with a basement unit. In total, the property features 7 bedrooms and 4 full bathrooms across the residential units and includes a 1-car garage.

The design supports both residential and commercial tenants, and the property’s operating model notes that tenants cover all utilities.

Key Highlights

  • Two‑building mixed‑use property built in 1891 with ground‑floor restaurant space plus residential units
  • Includes a 4‑unit residential setup and a restaurant/commercial space totaling 7 bedrooms and 4 full bathrooms
  • Front building: restaurant/commercial ground floor, a 2‑bed/1‑bath apartment upstairs, and a full basement

Property Analytics

Current Use

Holy Smoques BBQ Restaurant El Pollo Cris ... Restaurant

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Law Firm Daycare Center HVAC Service Veterinary Clinic

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

1,490
Businesses Nearby

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
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?
Apartment building - Two-building mixed-use property with a ground-floor restaurant space, multiple 2-bedroom apartments, basements, and coin-op laundry.
Where is this apartment building located?
The property is located at 2524 S California Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Two‑building mixed‑use property built in 1891 with ground‑floor restaurant space plus residential units; Includes a 4‑unit residential setup and a restaurant/commercial space totaling 7 bedrooms and 4 full bathrooms; Front building: restaurant/commercial ground floor, a 2‑bed/1‑bath apartment upstairs, and a full basement
More about this property
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