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$300,000

Nick Caulfield G.R.I.
Coldwell Banker Residential Brokerage
14225 S. 95th Avenue, Suite 451
 Orland Park, IL 60462

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$1,499,000 For Sale

1018 N California Avenue
Chicago, IL 60622

3 units |
2,910 sq ft

Commercial: Mixed Use - MLS# 12198977
Property Photo
1/61

Description

Brick mixed-use storefront with 2 apartments each with 3 bedrooms, PLUS 2 spacious side lots. Extra wide 75x125 lot. Currently leased to long-term tenant. Situated in a trendy area of California Ave, close Humboldt Park and popular restaurants, coffee shops, and bars - both new and established. Recent updates include a new tear-off roof in 2022 and spot tuck-pointing completed in 2021. The building features central Heat & AC, 3 water heaters, and all utilities are covered by the tenant.

Features

  • Property Type: Commercial
  • Sub Type: Mixed Use
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60622
  • Year Built: 1895
  • Sq.Ft.: 2,910 sq ft
  • Stories: 3
  • Units: 3 units
  • Zoning: MULTI
  • # Of Apts: 2
  • # Of Dryers: 2
  • # Of Ranges: 2
  • # Of Refrigs: 2
  • # Of Stores: 1
  • # Of Tenants: 1
  • # Of Washers: 2
  • Additional Parcels: Yes
  • Approximate Age: Older
  • Building Area Total: 2910
  • Built Before 1978 (Y/N): Yes
  • Construction Materials: Brick
  • Cooling: Central Air
  • Directions: Division to California, South to 1018
  • Electric: Circuit Breakers
  • Fire Protection: Alarm On Site
  • Foundation Details: Concrete Perimeter
  • Geographic Locale: Chicago West
  • Gross Income: 7334
  • Gross Scheduled Income: 88008
  • Heat/Ventilation: Forced Air, Gas
  • Information: 24-Hr Notice Required, List Broker Must Accompany
  • Insurance Expense: 3000
  • Lot Size Square Feet: 3276
  • Main Type: Commercial Sale
  • Original Rental Price: 1.01
  • Ownership Type: Individual
  • Property Sub Type: Mixed Use
  • Rental Price: 1.01
  • Roof: Rubber
  • Roof Structure: Flat
  • Tax Annual Amount: 15128
  • Tax Year: 2023
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Total Monthly Income: 7334
  • Township: North Chicago
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Virtual Tour Date: 2024-11-06T16:44:18
  • Water Sewer Expense: 500
  • Water Source: Municipal Water
Courtesy of Chicago Properties Firm
Source: Midwest Real Estate Data (MRED) LLC


Nick Caulfield | 708-267-4359 | Contact Me
14225 S. 95th. Avenue, Suite 451, - Orland Park, IL 60462
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