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$499,000 Contingent
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Property Description
Great investment opportunity in Chicago. Fully occupied 6-unit multifamily building featuring spacious 2-bedroom, 1-bath units. Strong income-producing property with stable occupancy. Ideal for investors looking to add to their portfolio.
Full Property Details
Full Property Details for 2240 S California Ave
General
- Price: $499,000
- Taxes: $7,756 (2024)
- Status: Contingent
- Type: Commercial
- Source: MRED
- MLS ID: 12603747
- Updated: 4/2/2026
- Added to Site: 8 day(s) ago
Location
- Area: CHI - South Lawndale
- County: Cook
- Township: Lake
- Driving Directions: 47th St S California Ave
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1894
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 24 x 124
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1894
- Tax Amount: $7,756
- Tax Year: 2024
Disclosures and Reports
- Property ID: 16251060570000
Listed by Keller Williams Preferred Rlty
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Schools
Schools serving 2240 S California Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Hammond Elementary School 2819 West 21st Place, Chicago, IL 60623 | PK-8 | 0.1 mi |
Farragut Career Academy High School 2345 South Christiana Avenue, Chicago, IL 60623 | 9-11 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2240 S California Ave
Date
Details
Price
Change
Source
3/27/2026
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2240 S California Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,756
—
$46,956
28%
2023
$7,756
-8%
$36,758
-10%
2022
$8,398
-9%
$40,829
-11%
2021
$9,250
85%
$46,000
105%
2020
$5,007
-5%
$22,477
-14%
2019
$5,251
2%
$26,137
—
2018
$5,163
2%
$26,137
11%
2017
$5,058
7%
$23,495
—
2016
$4,706
9%
$23,495
—
2015
$4,305
24%
$23,495
25%
2014
$3,481
2%
$18,760
—
2013
$3,412
1%
$18,760
—
2012
$3,366
—
$18,760
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2240 S California Ave
2240 S California Avenue, Chicago, IL 60608 (MLS# 12603747) is a Commercial property. 2240 S California Avenue is currently listed for $499,000 and was received on March 27, 2026. Want to learn more about 2240 S California Avenue? Do you have questions about finding other Commercial real estate for sale in South Lawndale? You can browse all South Lawndale real estate or contact a Coldwell Banker agent to request more information.

