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Listing provided courtesy of World One RealtyMREDas Distributed by MLSGrid- MLS# 12658106MLS Provider

816 S California AvenueChicago, IL 60612

Commercial · 6,400 Sq. ft.
$580,000 Active

816 S California Avenue Overview

Time on Site:
34 days
Visits:
2

Incredible investment opportunity! Zoned B3-2, this property offers excellent flexibility, ideal for an apartment building with potential for a restaurant, retail, office, or medical use. Fully gutted in 2024, the building now features new windows, I-beams, joists, sub-flooring, iron fence and gate. Architectural plans include two 2-bed/2-bath units, two 1-bed/1-bath units, and a 1,600 sq. ft. commercial space with a full basement for storage. A two-car garage is also included. Lots 812 & 814 S. California may also be available for purchase as a package deal.

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816 S California Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 6,400
  • Price/Sq.ft. $91

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Existing Lease Type: N/A
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Operating Expense: 4437
  • Trash Expense: 0
  • Water Sewer Expense: 120

Building Information

  • Year Built: 1893

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - East Garfield Park
  • Township: West Chicago

Tax Information

  • Tax Annual Amount: $4,437.00
  • Tax Year: 2024

General Information

  • Parcel Number: 16133150460000
  • Possible Use: Commercial,Office,Retail
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: OTHER

Interior

Building Information

  • Retail SqFt.: 1600

Building Interior

  • Building Area Total: 6400

General Information

  • Cooling: None
  • Electric: None
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 24 X 117
  • Lot Size Square Feet: 2808

Building Exterior/Construction

  • Construction Materials: Brick, Stone

General Information

  • Number Of Units Total: 5
  • Utilities: Electric to Site,Natural Gas Available,Water Available

816 S California Avenue Neighborhood

Community

60612 (CHICAGO) Demographics

34
Median Age
8,600
Population Density (per sq. mile)
45%
College Educated
$44,538
Estimated Median Income
3,770
Estimated Total Home Owners
9,430
Estimated Total Renters
29% / 71%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

816 S California Avenue Monthly Cost

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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

816 S California Avenue Market Data

Based on the last 30 days in this zip code

$595,193
Average List Price
$390
Average Price per Square Foot
18
Properties Sold
93
Average Days on Market
77
Properties for Sale
Calculations provided by Reliance Network

816 S California Avenue History

Date Event Value Agent
5/31/2026Source: MRED Status Change
Active
5/26/2026Source: MRED Added to Database
May 26, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022