1511 N California Avenue
Chicago, IL 60622

Status: Active
Multi Family
11 beds
0 baths
0 sq.ft
Listing Price: $1,020,000

About this home

This classic Chicago Greystone has been been well maintained and has many improvements including newer electrical service to and throughout the building, newer all copper and PVC plumbing, a parking pad for up to 4-car tandem parking, a serene and care-free garden area with cherry tree, grape vines, flowers and no grass to mow! It also has coin operated laundry for additional income and sits in an amazing location on the east side of Humboldt Park with beautiful open views of the park itself. Just 1.5 blocks to the 6060 Trail and 6 blocks to the Blue Line "L" and Palmer Square and tons of amazing restaurants, cafes, bars and shopping, with easy access to the expressway, downtown Chicago and the airport, this location simply can't be beat! This large building has three, 3BR /1.5 Bath apartments and two, 1BR / 1BTH apartments with 11 total bedrooms, and 5 full baths (all updated) and 2 half baths as well including the finished garden level apartments. Top three apartments all have private back decks. Rents are below market value and could be easily raised for increased income. Great building in a great, easy to rent location!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1900
Parking Total 4
Exterior Building Type Brick, Stone, Limestone
Exterior Property Features Balcony, Deck, Patio, Cable Access
Parking Features Off Alley
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved
Area Major CHI - West Town
Zoning Type MULTI
Corporate Limits Chicago
Directions North Avenue to California then south to property address
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Lake View
Interior Features
Basement Description Finished
Basement Bathrooms No
Basement Full
Bedrooms Count 11
Bedrooms Possible 11
Baths Count 7
Full Baths in Building Count 5
Half Baths in Building Count 2
Total Rooms 33
Units
unit 1
Beds Total 3
Baths Total 2
Actual Rent 1500
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Half Baths Total 1
Lease Expiration Date MO/MO
Rooms Total 8
Tenant Pays Electric,Gas
Floor Number 1
unit 2
Beds Total 3
Baths Total 2
Actual Rent 1450
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Half Baths Total 1
Lease Expiration Date MO/MO
Rooms Total 8
Tenant Pays None
Floor Number 2
unit 3
Beds Total 3
Baths Total 2
Actual Rent 1900
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Half Baths Total 1
Lease Expiration Date 05/24
Rooms Total 9
Tenant Pays Electric,Gas
Floor Number 3
unit 4
Beds Total 2
Baths Total 1
Actual Rent 2225
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MO/MO
Rooms Total 8
Tenant Pays None
Floor Number B
Property / Lot Details
Deconversion N
Lot Dimensions 25 FT X 128.32 FT
Lot Size Source County Records
Lot Size Oversized Chicago Lot
Ownership Fee Simple
Style of House Greystone
Type Unit 3 Flat
Number Of Units in Building 4
Property Type Two to Four Units

Financials

Gross Rental Income $84,900
Insurance Expense $2,200
Insurance Expense Source Owner Projection
Rental Income 7075
Scavenger Expense $1,200
Investment Profile Residential Income
Water Expense $1,200

Tax/Assessments/Liens

PIN 16012000120000
Special Assessments N
Taxes $4,628
Tax Exemptions Homeowner, Senior Freeze
Tax Year 2022
$1,020,000 Listing Price:
MLS # 12071945
Investment Profile Residential Income
Listing Market Time 27 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 4
Parking Space/s
List Date 06/01/2024
Year Built 1900
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