2456 California Ave Chicago, IL 60647-0667
- Residential income homes
- 3,600 SF
- 0.07 lot acres
Current Use by Public Records
- Testaccio Chicago / Southern Italian Restaurant
- Soif Wine Lounge / Wine Bar
Property Details for 2456 California Ave
- Year built
- 1896
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.07 lot acres
- Property size
- 3,600 SF
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 13-25-324-016
- APU
- 1325324016
Description
This exceptional 2,500 square foot restaurant in Chicago's vibrant Logan Square neighborhood is available for sale. Completely renovated in 2020, this single-tenant property boasts a modern and inviting space, perfect for a variety of restaurant concepts. The building features a desirable corner location offering high visibility and an expansive outdoor patio area, ideal for outdoor dining. The property benefits from a long-term assignable lease and favorable B3-2 zoning, providing flexibility for various business opportunities. Located at 2456 N California Ave, Chicago, IL 60647, this turnkey operation is priced at $199,000, or $79.60 per square foot. The Cook County location offers easy access to public transportation and is surrounded by a thriving community with diverse dining, entertainment, and cultural attractions. This is a unique opportunity to own a well-established restaurant in a prime location. The property is situated in a bustling area with high foot traffic and visibility, making it an ideal location for a successful business. The 2020 renovation ensures the space is modern and efficient, minimizing the need for significant upgrades. The favorable B3-2 zoning allows for a wide range of potential uses, providing flexibility for future business expansion or adaptation. This is a rare opportunity to acquire a profitable business in a highly desirable location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $435,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $496,000
Market price range: $496k - $806k
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6978
- Latitude
- 41.9265
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA