1047 N CALIFORNIA Avenue, CHICAGO IL 60622 Photo 1
Listing Courtesy of Krain

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1047 N CALIFORNIA Avenue - Beautiful brick mixed use in West Ukrainian Village with one retail space, two apartments and two exterior parking spaces with room for more. This is an absolutely turnkey property. Located in one of the hottest areas in the city. New restaurants, retail, bars, heavy foot and steps to the park. This turnkey property will make a stable addition to any investor or owner-occupant portfolio. The building was newer plumbing, electrical and HVAC throughout. All big ticket items have been addressed and no major improvements will be needed for years. Couple all of this with a strong B3-2 zoning with the ability to build three large condos and one large retail space. FAR also allows for adding on to the rear of building as it currently exists. This is a beautiful trophy property with low operating expenses that will appreciate in land and building value for years to come.

Listing information

  • MLS® ID: 09354702
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Mixed Use
  • Stories: 3
  • Foreclosure: No
  • Year Built: 1896
  • Parking Type Description: Reserved / Assigned 2 cars
  • Estimated Annual Taxes: $6,163


Air Conditioning Central Air
Approximate Age New Rehab
Built Before 1978 (Y/N) Yes
Construction Brick
Current Use Commercial, Office and Research
Electrical Service 101-200 Amps, Circuit Breakers, Separate Meters
Exterior Building Type Brick
Fire Protection Alarm Monitored, Smoke or Fire Protectors
Franchisor Feed(y/n) No
Frontage/Access City Street
Fuel Expense Source Broker Projection
Geographic Locale Chicago North, Chicago West
Heat/Ventilation Forced Air, Gas
Information Listing Agent Must Accompany
Known Encumbrances None Known
Location Mixed Use Area, Park Adjacent, Public Transport Avail
Other # Of Apts - 2, # Of Dishwashers - 0, # Of Disposals - 0, # Of Dryers - 1, # Of Offices - 1, # Of Ranges - 2, # Of Refrigs - 2, # Of Tenants - 2, # Of Units - 3, # Of Washers - 1, # Of Window/Ac - 2, Electricity Expense - 121, Estimated Tax/Sf - 0, Fuel Expense - 0, Gross Rent Multiplier - 0, Gross Rental Income $ - 39540, Insurance Expense - 1606, Net Oper Income $ - 0, Other Expenses - 1172.5, Scavenger Expense - 0, Tax Year - 2015, Total Annual Exp - 9238, Total Annual Income - 0, Total Monthly Income - 3295, Township - West Chicago, Water Expense - 175, Zoning Type - Multi
Outdoor Parking Assigned Spaces, Open
Owners Assoc (Y/N) No
Ownership Type Limited Liability Corp
Potential Use Commercial, Office and Research, Residential-Multi-Family, Retail
Property Type Mixed Use
Roof Structure Flat
Tenant Pays Electric, Heat
Unincorporated (Y/N) No
Utilities To Site Electric to Site, Gas to Site, Sanitary Sewer to Site, Water to Site, Water-Municipal
Listing Courtesy of Krain