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$1,100,000
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Property Description
Large brick 6-unit overlooking California Boulevard. In place 7% CAP rate with rental upside. Plus potential to add 2 more garden units with existing city approved plans conveyed in price. Great corner building with 3 full floor units, plus a coach house with 3 additional units. The property was gut renovated in 2017 and still has a great value add opportunity through bringing rents to market. The modern units feature granite, hardwood, central forced air HVAC, dishwashers, in-unit W/D and spacious bedrooms and bathrooms. Long time professional property management is willing to stay in place making this a true turn key investment in a rapidly appreciating sub market.
Full Property Details
Full Property Details for 2435 S California Blvd
General
- Price: $1,100,000
- HOA FEE: $3,000
- Taxes: $14,168 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12591459
- Updated: 3/19/2026
- Added to Site: 22 day(s) ago
Interior
- Basement: Unfinished
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: CHI - South Lawndale
- County: Cook
- Township: West Chicago
- Driving Directions: 24th & California - East to Washtenaw, West on 24th Pl to 2435.
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Forced Air, Gas
Utilities
- Water: Municipal Water
- Trash: 4000
- Onsite: Sewer Connected, Water Available
Structural Information
- Construction: Brick, Stone
- Exterior Const.: Brick, Stone
- Basement: Yes
- Basement Desc.: Unfinished, Exterior Entry
- Foundation: Block, Brick/Mortar
- Roof: Composition, Rubber
- Stories/Levels: 3
- Square Feet: 6,225
- Current Bldg. Use: Multi-Family
- Year Built: 1904
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 6
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 2,910
- Lot Dimensions: 25 x 120
- Frontage: City Street
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $3,000
- Insurance Fee: $5,000
- Operating Expenses: $23,130
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1904
- Tax Amount: $14,168
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
- Pays Electric: 975
- Pays Trash: 4000
Disclosures and Reports
- Property ID: 16252170010000
Listed by eXp Realty
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Schools
Schools serving 2435 S California Blvd
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Finkl Elementary School 2332 South Western Avenue, Chicago, IL 60608 | PK-8 | 0.4 mi |
Farragut Career Academy High School 2345 South Christiana Avenue, Chicago, IL 60623 | 9-11 | 0.7 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 2435 S California Blvd
Date
Details
Price
Change
Source
3/13/2026
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2435 S California Blvd
2435 S California Boulevard, Chicago, IL 60623 (MLS# 12591459) is a Commercial property. 2435 S California Boulevard is currently listed for $1,100,000 and was received on March 13, 2026. Want to learn more about 2435 S California Boulevard? 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.

