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1116 S California Avenue Chicago, IL 60612 • Multi Unit - Multiple • New

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  • 1116 S California Avenue , Chicago, IL 60612 Main Photo

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Description

This exceptional investment opportunity is ideally located just steps away from beautiful Douglas Park. Situated close to the vibrant Tri-Taylor and Illinois Medical District neighborhoods, this property is perfectly positioned in one of Chicago's rapidly developing areas, surrounded by ongoing growth and redevelopment. Surrounded by nearby public transportation options and quick access to the I-290 expressway, providing an easy connection to downtown Chicago and surrounding neighborhoods. The location also places you minutes from major hospitals, universities, and local dining and shopping destinations. The property has been fully gutted, presenting a rare blank canvas for investors, developers, or homeowners with a vision. With the interior already cleared out, it's ready for your custom design, renovation plans, or redevelopment ideas to bring new life to this promising space.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 9
Bathrooms: 6
County: Cook
Subdivision: Lawndale
Listed By:
HomeSmart Connect LLC 847-495-5000
MRED MLS
$375,000
Est. $2,602/mo
9beds
6baths
New to the Market New
BEDS9 BATHS6 full MLS#12798003
STATUSNew PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONLawndale SCHOOLDistrict 299

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Ruhl&Ruhl Realtors
563.441.1776

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1116 S California Avenue , Chicago, IL 60612.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $375,000$375,000$375,000
Down Payment $75,000$13,125$93,750
Monthly Mortgage Amount $1,971$2,419$2,412
Taxes $522$522$522
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$165$0
Monthly Estimated Total $2,602$3,215$3,043

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