
1635 S California Ave Chicago, IL 60608
Douglass Park NeighborhoodEstimated payment $8,482/month
About This Home
No expense was spared in this 1st class property in Pilsen/Little Village 4 unit. Can also be 3 unit as 1st two floors are currently combined with making a 12 room/6 bedroom/4 bath unit. Located directly across from iconic Douglass Park, this brick and glass new construction property was completed this month and is now ready for occupancy. Features include, floor to ceiling European custom windows that open 15 feet +, wall to ceiling tiles and quartz countertops, high tech mirrors, rear balconies, and an amazing rooftop overlook Chicago's skyline on one side and the amazing park on the other. -Ready for immediate occupancy and/or rental -New Construction 4 Unit Property In the Heart of Chicago! -Best Property in Pilsen/Little Village! -Tremendous upside with no deferred maintenance for 20 years! -Nothing beats new construction!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,900
Year Built
- Built in 2024 | New Construction
Lot Details
- Lot Dimensions are 30x131
Home Design
- Slab Foundation
- Rubber Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Potential Bedrooms
- 8 Bathrooms
Parking
- 3 Parking Spaces
- Uncovered Parking
- Visitor Parking
- Off-Street Parking
- Parking Included in Price
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $4,500
- Maintenance Expense $500
- Professional Management Expense $1,200
- Water Sewer Expense $1,428
- Gross Income $141,000
- Net Operating Income $122,422
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $818 | $4,785 | $4,785 | -- |
2023 | $797 | $3,878 | $3,878 | -- |
2022 | $797 | $3,878 | $3,878 | $0 |
2021 | $780 | $3,877 | $3,877 | $0 |
2020 | $864 | $3,877 | $3,877 | $0 |
2019 | $779 | $3,877 | $3,877 | $0 |
2018 | $766 | $3,877 | $3,877 | $0 |
2017 | $746 | $3,465 | $3,465 | $0 |
2016 | $694 | $3,465 | $3,465 | $0 |
2015 | $635 | $3,465 | $3,465 | $0 |
2014 | $643 | $3,465 | $3,465 | $0 |
2013 | $630 | $3,465 | $3,465 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
11/14/2024 11/14/24 | For Sale | $1,500,000 | -- | -- |
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Source: Midwest Real Estate Data (MRED)
MLS Number: 12210653

APN: 16-24-400-014-0000
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