816 S California Avenue
Chicago, IL 60612

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Description

Incredible investment opportunity! Zoned B3-2, this property offers excellent flexibility, ideal for an apartment building with potential for a restaurant, retail, office, or medical use. Fully gutted in 2024, the building now features new windows, I-beams, joists, sub-flooring, iron fence and gate. Architectural plans include two 2-bed/2-bath units, two 1-bed/1-bath units, and a 1,600 sq. ft. commercial space with a full basement for storage. A two-car garage is also included. Lots 812 & 814 S. California may also be available for purchase as a package deal.

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60612
• Year Built: 1893
• Sq.Ft.: 6,400 sq ft
• Stories: 3
• Units: 5 units
• # Of Apts: 4
• # Of Stores: 1
• Approximate Age: Older
• Building Area Total: 6400
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick, Stone
• Directions: I290 to California South to property
• Expense Year: 2025
• Geographic Locale: Chicago West
• Indoor Parking: 1-5 Spaces
• Information: List Broker Must Accompany
• Lot Size Square Feet: 2808
• Main Type: Commercial Sale
• Operating Expense: 4437
• Ownership Type: Limited Liability Corp
• Property Sub Type: Mixed Use
• Retail SqFt: 1600
• Roof Structure: Flat
• Tax Annual Amount: 4437
• Tax Year: 2024
• Total Annual Expense Source: Actual
• Township: West Chicago
• Utilities: Electric to Site, Natural Gas Available, Water Available
• Water Sewer Expense: 120