5644 N California Ave

Chicago, IL 60659
  • $2,150,000

    Price

About the Listing 12604 - 875325

Excellent investment opportunity at 5644 N California Avenue! This well-maintained, newer-construction 6-unit multifamily building offers an attractive opportunity for investors looking to add a strong income-producing asset to their portfolio or buyers seeking a potential 1031 exchange property. The building features six spacious units with desirable layouts, quality finishes, in-unit laundry, individual HVAC, outdoor space, and on-site parking. Tenants are responsible for their own utilities, helping keep owner-paid operating expenses manageable. The property has been thoughtfully maintained, with the owner utilizing a dedicated GC for ongoing maintenance and improvements. Recent capital and turnover work have included some appliance and mechanical replacements, railings, as well as roof and tuckpointing work. With a desirable unit mix, and the potential to benefit from future rent growth, this is an appealing long-term investment. Ideal for a seasoned investor, portfolio buyer, or 1031 exchange purchaser looking for a quality Chicago multifamily asset. Conveniently located near shopping, dining, transportation, parks, and neighborhood amenities. Please inquire for rent roll, operating expenses, and additional investment information.

Listing Highlights for 5644 N California Ave

Status Active
Days on Site 19
Property Type Multi-Family
MLS ® 12770199
Year Built 2008
Lot/Acreage 50X125

Interior Details

  • Appliances:
  • Air Cond: Central Individual
  • Heating: Forced Air,Gas
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Municipal Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 50X125
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: 6-12 Spaces

Financial Details

  • Tax Amount: $28,377
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 13013280190000
  • Tax Year: 2024

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Listing Location

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5644 N California Ave Chicago, IL 60659

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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