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Listing provided courtesy of Essex 312, LLCMREDas Distributed by MLSGrid- MLS# 12603425MLS Provider

2325 S California AvenueChicago, IL 60608

Commercial · 11 Beds · 4,963 Sq. ft.
$1,399,000 Active

2325 S California Avenue Overview

Time on Site:
90 days
Visits:
0

A 7-unit brick, walk-up building in Chicago's thriving Little Village neighborhood within Marshall Square. This property boasts a diverse unit mix of three (3) one-bedroom / one-bath apartments, one (1) two-bedroom / one-bath apartment, one (1) two-bedroom / two-bath apartment, one (1) three-bedroom / two-bath apartment, and one (1) three-bedroom / three-bath apartment. This one-of-a-kind property has undergone a complete gut rehabilitation with no expense spared, featuring condo-quality finishes throughout. The apartment improvements include designer kitchens with white shaker-style cabinetry, quartz countertops, and stainless steel appliances, fully updated bathrooms with modern vanities and tile work, and new flooring. Every unit features in-unit stackable Whirlpool washer/dryer units, individual Ruud furnaces, and Rheem tankless water heaters for ultimate efficiency and tenant convenience. Additional building upgrades included a new 400 AMP electrical service with individual metering for each unit plus common areas. The property also offers five (5) surface parking spaces in the rear that provide additional income. Premium amenities include in-unit laundry and modern mechanical systems. This turnkey opportunity in Little Village offers a fully renovated, income-generating asset with significant growth potential.

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2325 S California Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 4,963
  • Price/Sq.ft. $282

Details

General

Income/Expenses

  • Other Expense: 15284
  • Electric Expense: 303
  • Fuel Expense: 5356
  • Gross Income: 162043
  • Insurance Expense: 5066
  • Maintenance Expense: 6300
  • Net Operating Income: 96420
  • Operating Expense: 57520
  • Trash Expense: 2064
  • Water Sewer Expense: 2501

Building Information

  • Year Built: 1960

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - South Lawndale
  • Township: South Chicago

Tax Information

  • Tax Annual Amount: $10,849.00
  • Tax Year: 2024

General Information

  • Parcel Number: 16252060200000
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 4963

General Information

  • Cooling: None
  • Electric: Separate Meters, Service - 201 to 600 Amps
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 50 X 125
  • Lot Size Square Feet: 6084

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Composition

General Information

  • Number Of Units Total: 7

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 3

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 2
  • Baths Total: 2
  • Units Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 3
  • Baths Total: 2
  • Units Total: 1

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 3
  • Baths Total: 3
  • Units Total: 1

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

2325 S California Avenue Neighborhood

Community

60608 (Chicago) Demographics

33
Median Age
12,268
Population Density (per sq. mile)
35%
College Educated
$57,183
Estimated Median Income
10,169
Estimated Total Home Owners
16,042
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
3
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.

2325 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.

2325 S California Avenue Market Data

Based on the last 30 days in this zip code

$465,593
Average List Price
$352
Average Price per Square Foot
26
Properties Sold
74
Average Days on Market
85
Properties for Sale
Calculations provided by Reliance Network

2325 S California Avenue History

Date Event Value Agent
5/24/2026Source: MRED Status Change
Active
5/19/2026Source: MRED Price Reduction
$1,399,000 -5.2%
5/19/2026Source: MRED Status Change
Price Change
4/6/2026Source: MRED Status Change
Active
4/1/2026Source: MRED Added to Database
April 01, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022