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About This Home
This 15-bedroom, 11-bathroom residential multi family at 2435 S California Boulevard in Chicago, IL is listed for $1,100,000. Built in 1904, on a 0.07 acres lot.
Large brick 6-unit overlooking California Boulevard. In place 7% CAP rate with rental upside. Plus potential to add 2 more garden units with existing city approved plans conveyed in price. Great corner building with 3 full floor units, plus a coach house with 3 additional units.
The property was gut renovated in 2017 and still has a great value add opportunity through bringing rents to market. The modern units feature granite, hardwood, central forced air HVAC, dishwashers, in-unit W/D and spacious bedrooms and bathrooms. Long time professional property management is willing to stay in place making this a true turn key investment in a rapidly appreciating sub market.
Key Features
- Built in 1904
- 0.07 acre lot
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$5,883/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2435 S California Boulevard
Chicago, IL 60623
Property Details
Construction
Cooling
Questions & Answers
This 15-bedroom, 11-bathroom residential multi family at 2435 S California Boulevard is listed at $1,100,000. The estimated monthly payment is $4,767 based on 20% down at 6.5% interest.
Key features include: Built in 1904, 0.07 acre lot, 3 stories.
This property is listed by Michael Scanlon and can be reached at (888) 574-9405 or michael.scanlon@exprealty.com.
