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2524 South California AvenueChicago, IL 60608Price: $849,999

  • Price: $849,999
  • 1 Day on Market
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Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $849,999List Price
  • 1891Year Built
  • 5,550Square Feet

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Nestled in a vibrant neighborhood close to parks, shops, public transit, and bustling local businesses, this updated property offers a rare investment opportunity. Spanning two separate buildings, it features an impressive, income-generating setup: a 4-unit residential section plus a restaurant space, totaling 7 bedrooms and 4 full bathrooms. The front building boasts a highly visible restaurant or commercial space on the ground floor, drawing steady foot traffic, with a spacious 2-bedroom, 1-bath apartment above and a full basement below. Coin-operated laundry in the basement provides extra income for the owner. The rear building enhances the property's value with two additional 2-bedroom, 1-bath apartments and a basement unit. A 1-car garage adds convenience, while tenants covering all utilities keeps expenses low. The mixed-use design means you benefit from both residential and commercial tenants, ensuring a diverse and steady income stream.

Property Details of 2524 South California Avenue

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Listed by Tatiana Perry of Berkshire Hathaway HomeServices Chicago

Based on information submitted to MRED  as of June 8, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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