5017 N California Ave Chicago, IL 60625
Lincoln Square NeighborhoodEstimated payment $7,192/month
Highlights
- Property is near a park
- Sun or Florida Room
- Soaking Tub
- Greystone Architecture
- Enclosed Patio or Porch
- Partially Fenced Property
About This Home
This PRISTINE 3-FLAT WITH ADDITIONAL GARDEN APARTMENT offers high-end condo quality finishes throughout the building and presents an incredible investment opportunity with yearly rents of $101,460 due to recent leasing activity and renewals. 1st floor apartment is currently month-to-month making it available for owner occupancy if so desired, or for a large rent increase to market value. All apartments have been rehabbed with beautiful, modern kitchens and baths, in-unit laundry, hardwood floors (except the garden apartment) and spacious room sizes due the wider foot print of the building which sits on an extra-wide 30ft lot. Recent rehab created the perfect marriage of original vintage details and modern updates making these apartments highly desirable and easy to rent. Other recent updates include newer back porch, newer electric main and backup common laundry in the basement. Building also features a lovely backyard with 2-car garage and 3rd car parking pad. Sitting in a great location just 5 blocks from the Brown Line "L" and the heart of Lincoln Square with all of its wonderful shops and restaurants and only 2 blocks from beautiful River Park and the Chicago River walk with canoe launch, playground, dog park, pool and sports facilities this location simply can't be beat! This building is a turnkey investment property, but would also be perfect for an owner occupant.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,380
Year Built
- Built in 1925 | Remodeled in 2015
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 30x120
- Partially Fenced Property
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
- Off Alley Parking
- Parking Included in Price
Home Design
- Greystone Architecture
- Brick Exterior Construction
Interior Spaces
- Sun or Florida Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
- Soaking Tub
Utilities
- Radiator
- Heating System Uses Natural Gas
- Cable TV Available
Additional Features
- Enclosed Patio or Porch
- Property is near a park
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $1,580
- Fuel Expense $965
- Insurance Expense $2,696
- Trash Expense $684
- Water Sewer Expense $1,387
- Gross Income $101,460
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | Pending | -- | -- | -- |
| 07/17/2025 07/17/25 | For Sale | $1,125,000 | +127.3% | -- |
| 02/07/2014 02/07/14 | Sold | $495,000 | -5.7% | -- |
| 01/06/2014 01/06/14 | Pending | -- | -- | -- |
| 11/25/2013 11/25/13 | For Sale | $524,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12423580
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