4820 N California AVE Open House Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60625
OPEN HOUSE
Sat Aug 09, 12:30pm - 2:00pm
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12422318
Bedrooms 5
Year Built 1923
Annual Tax Amount $12,602
Tax Year 2023
Lot Dimensions 30X125
Property Sub-Type Two to Four Units
Property Description
Charming and well-maintained brick 2-flat in prime Lincoln Square location offering strong income potential with a projected annual income of $51,480. The building includes two spacious units (2 bed+den/1 bath) each with stainless steel appliances and in-unit laundry. Recent updates include new electrical panels (2025) a new hot water heater (2024), roof replacement with ISO insulation (2018), tuckpointing and lintel repair (2019), enclosed porch (2023), water main replacement (2018), and new basement storage lockers (2023). Unit 1 rents for $1,890/month (owner pays utilities), Unit 2 is currently vacant, previously rented for $1,895 and tenant paid gas and electric. Additional features include vinyl windows, rebuilt rear wood porch, commercial laundry facilities in basement generates $500 annually, and two car garage plus additional parking pad. Heating is provided by a hot water boiler with radiators in each unit; air condition is tenant-supplied via window units. Most appliances recently updated within last 3-6 years include a mix of GE, Whirlpool, Bosch, Frigidaire. Modest annual expenses make this a sound investment. Unbeatable location steps from shops, dining, parks, and CTA in the heart of Lincoln Square.
Location
State IL
County Cook
Area Chi - Lincoln Square
Zoning MULTI
Rooms
Basement Partially Finished,Full
Interior
Heating Steam,Radiator(s),Indv Controls
Equipment CO Detectors,Ceiling Fan(s)
Fireplace N
Exterior
Garage Spaces 2.0
Community Features Sidewalks,Street Lights
Roof Type Flat
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer,Storm Sewer
Water Lake Michigan,Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Budlong Elementary School
Middle Schools Budlong Elementary School
High Schools Amundsen High School
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://tour.vht.com/434478811/4820-n-california-ave-chicago-il-60625/idx