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Six-Unit Mixed-Use Apartment Building
For Sale
$1,250,000

6431 N California Avenue, Chicago, IL 60645

Updated apartments, two occupied commercial suites, unfinished basements, and five garage spaces support varied income-producing uses.

Property Size9,691 SF
Price / SF$128.99
Days on Market12

Property Features for 6431 N California Avenue

General Information

Standard status Active
Size 9,691 SF
Total Parking Spaces 5
Property subtype MULTI_FAMILY

Units

Unit Mix 4 x 2BR/1.5BA
Multifamily Units 4

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $21,595

Amenities

stainless steel appliances
dishwashers
central heat & air
in-unit laundry

Building Details

Building Size 9,691 SF
Year Built 1929
Buildings 1
Tenancy Multi
Listing Agency: eXp Realty
Listed By: Michael Scanlon · License #475188240
Source: Dawnmckennagroup
Added: Sep 10 Changed: Sep 18 Last Checked: Sep 21 at 8:37AM

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 eXp Realty

Investment Insights

Based on property information with market context.

Built in 1929, this 9,691-square-foot, six-unit apartment property combines four residential units with two street-level commercial spaces. The apartments offer two-bedroom layouts with one-and-a-half baths, separate living and dining areas, oversized bedrooms, central heat and air, dishwashers, stainless steel appliances, and in-unit laundry. Each of the four apartments has received remodeling work within the last 10 years. The property also includes two large unfinished basements and five garage parking spaces.

The commercial suites are fully occupied and positioned along the Devon Avenue and North California Avenue corridors in Chicago’s West Ridge neighborhood. Shops, restaurants, and multiple CTA bus lines are located nearby. The property is at 6431 N California Avenue, providing a mixed-use configuration with residential and street-level commercial components in an established neighborhood setting.

Key Highlights

  • Six‑unit building with four apartments and two street‑level commercial spaces
  • 9,691‑square‑foot property built in 1929
  • Four apartments feature two bedrooms and 1.5 baths

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Skin Care Clinic Gym & Fitness Center Law Firm (Bike/Boat/Book/etc) Store Cafe & Coffee Shop 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.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,527
Businesses Nearby

Demographics for 60645, IL

48,356
Population
18,143
Households
2.7
Avg Household Size
36
Median Age
45%
College-Educated
86%
High-School Grad
2.2 sq mi
ZIP Area
21,980
Density / Sq Mi
$77,126
Median Household Income
$40,666
Median Earnings
$1,424
Median Rent
$308,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Updated apartments, two occupied commercial suites, unfinished basements, and five garage spaces support varied income-producing uses.
Where is this apartment building located?
The property is located at 6431 N California Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Six‑unit building with four apartments and two street‑level commercial spaces; 9,691‑square‑foot property built in 1929; Four apartments feature two bedrooms and 1.5 baths
More about this property
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