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Mixed-Use Quadplex with Restaurant
For Sale
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2524 S California Avenue, Chicago, IL 60608

Two-building mixed-use property with ground-floor restaurant space and four full-bath residential units plus basement laundry.

Property SizeContact for details
Days on Market78

Property Features for 2524 S California Avenue

General Information

Standard status Active
Property subtype Mixed Use

Building Details

Year Built 1891
Listing Agency: Berkshire Hathaway HomeServices Chicago
Listed By: Tatiana Perry · License #475148340
Source: Crexi
Added: Jun 7 Changed: Jul 22 Last Checked: Aug 22 at 6:04PM

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.

This updated, mixed-use property consists of two separate buildings with a total of 7 bedrooms and 4 full bathrooms. The front building features a highly visible restaurant or commercial space on the ground floor, with a spacious 2-bedroom, 1-bath apartment above. A full basement below includes coin-operated laundry, designed to generate additional owner income.

The rear building adds two more 2-bedroom, 1-bath apartments, along with a basement unit. A 1-car garage provides convenient off-street parking. Tenants cover all utilities, helping keep operating expenses more predictable.

Located at 2524 S California Avenue in Chicago, the property is positioned close to parks, shops, public transit, and bustling local businesses.

Key Highlights

  • Two‑building mixed‑use property with ground‑floor restaurant/commercial space plus residential rental units
  • 4‑unit residential setup plus restaurant space; totals 7 bedrooms and 4 full bathrooms
  • Front building includes a restaurant/commercial ground floor, a 2BD/1BA apartment, 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Two-building mixed-use property with ground-floor restaurant space and four full-bath residential units plus basement laundry.
Where is this quadplex located?
The property is located at 2524 S California Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Two‑building mixed‑use property with ground‑floor restaurant/commercial space plus residential rental units; 4‑unit residential setup plus restaurant space; totals 7 bedrooms and 4 full bathrooms; Front building includes a restaurant/commercial ground floor, a 2BD/1BA apartment, and a full basement
(773) 551-6554 Call to check price and availability
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