4820 N California Avenue, Chicago, IL 60625 - Photo 1

1/1

$760,000

Sold
Closed
Multi-Family
5 Total Beds
2 Car Garage

1/1

Property Description

Charming and well-maintained brick 2-flat in prime Lincoln Square location offering strong income potential with a projected annual income of $51,480. The building includes two spacious units (2 bed+den/1 bath) each with stainless steel appliances and in-unit laundry. Recent updates include new electrical panels (2025) a new hot water heater (2024), roof replacement with ISO insulation (2018), tuckpointing and lintel repair (2019), enclosed porch (2023), water main replacement (2018), and new basement storage lockers (2023). Unit 1 rents for $1,890/month (owner pays utilities), Unit 2 is currently vacant, previously rented for $1,895 and tenant paid gas and electric. Additional features include vinyl windows, rebuilt rear wood porch, commercial laundry facilities in basement generates $500 annually, and two car garage plus additional parking pad. Heating is provided by a hot water boiler with radiators in each unit; air condition is tenant-supplied via window units. Most appliances recently updated within last 3-6 years include a mix of GE, Whirlpool, Bosch, Frigidaire. Modest annual expenses make this a sound investment. Unbeatable location steps from shops, dining, parks, and CTA in the heart of Lincoln Square.

Full Property Details

Full Property Details for 4820 N California Ave

General

Sold For: $760,000
Taxes: $12,602 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12422318
Added to Site: 166 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3

Bedrooms

Total Bedrooms: 5

Additional Information

Equipment: Carbon Monoxide Detectors, Ceiling Fan(s)

Parking

Garage: Yes
Garage Spaces: 2
Total Spaces: 3
Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Off-Alley, Owned, Garage
Parking On-Site: Yes

Location

Area: CHI - Lincoln Square
County: Cook
Driving Directions: Lawrence Ave to California Ave North to Home

School Information

School District: 299
Midd School District: 299
Elementary School: Budlong Elementary School
Middle School: Budlong Elementary School
High School: Amundsen High School
Private School: Amundsen High School

Heating & Cooling

Heating Type: Steam, Radiator(s), Individual Controls

Utilities

Water: Lake Michigan, Public

Structural Information

Construction: Brick
Exterior Const.: Brick
Basement Desc.: Partially Finished, Full
Foundation: Brick/Mortar, Concrete Perimeter
Roof: Flat
Windows: Screens
Year Built: 1923
Built Before 1978: Yes

Unit Information

Units in Building: 2

Lot Features

Lot Size Range: Oversized Chicago Lot
Lot Dimensions: 30 x 125
Fence: Yes
Zoning: MULTI
Fencing (Description): Fenced

Financial Considerations

Parking Included: Yes
Assessment Year: 1923
Tax Amount: $12,602.5
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Property ID: 13123200170000

Listed by Compass
Sold by Compass

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Schools

Schools serving 4820 N California Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Budlong Elementary School 2701 West Foster Avenue, Chicago, IL 60625	K-8	0.4 mi
Amundsen High School 5110 North Damen Avenue, Chicago, IL 60625	9-12	1.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4820 N California Ave

Date

Details

Price

Change

Source

9/11/2025

Sold

$760,000

1.33%

MLS

8/04/2025

Listed

$750,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4820 N California Avenue, Chicago, IL 60625 (MLS# 12422318) is a Multi-Family property that was sold at $760,000 on September 11, 2025. Want to learn more about 4820 N California Avenue? Do you have questions about finding other Multi-Family real estate for sale in Lincoln Square? You can browse all Lincoln Square real estate or contact a Coldwell Banker agent to request more information.

4820 N California Ave Chicago, IL 60625