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904 N California Ave 6,000 SF 100% Leased Retail Building Chicago, IL 60622 $1,399,000 ($233.17/SF)
EXECUTIVE SUMMARY
Rehabbed in 2017 - 6 unit mixed use building. One commercial storefront with new 5 year lease, two 3 bed 1 bath and three 2 bed 1 bath contemporary apartments with eat in kitchen, living room and dining room. New front facade. Hardwood floors. HVAC including A/C. Central air/heat. New light fixtures throughout including ceiling fans. Individual hot water tanks. Thermopane windows with mini blinds. Coin op W/D in basement. Individual storage rooms. Security buzzer system. Large new decks for rear units. Sunny and Bright! Eat in kitchens with custom cabinets. Stainless steel kitchen appliance package. Self cleaning oven with convection. Dishwasher. Built-in microwave. Garbage disposals. Bathroom includes Modern vanity/medicine cabinet with modern lighting. 3 parking spaces. Walking distance to tons of bars and restaurants. Close by the park, easy walk to Chicago Ave/Division St Buses. Cap Rate - 8.1%
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,000 SF
Building Class
C
Year Built
1932
Price
$1,399,000
Price Per SF
$233.17
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.47
Lot Size
0.29 AC
Zoning
C1-2, Chicago - Neighborhood Commercial District
Frontage
28’ on California Ave
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (88)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 16-01-326-029-0000 | Improvements Assessment | $77,798 (2025) |
| Land Assessment | $19,202 (2025) | Total Assessment | $97,000 (2025) |
PROPERTY TAXES
Parcel Number
16-01-326-029-0000
Land Assessment
$19,202 (2025)
Improvements Assessment
$77,798 (2025)
Total Assessment
$97,000 (2025)
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904 N California Ave
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