IL > Chicago
Chicago, IL 60625,4820 N California Avenue
Chicago, IL 60625,4820 N California Avenue
Chicago, IL 60625,4820 N California Avenue
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Doug Anderson

Doug Anderson

+1(847) 687-3424
$750,000
Est. payment /mo
5 Beds
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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12422318

Bedrooms 5

Year Built 1923

Annual Tax Amount $12,602

Tax Year 2023

Lot Dimensions 30X125

Property Sub-Type Two to Four Units

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.

Location

State IL

County Cook

Community Sidewalks, Street Lights

Zoning MULTI

Rooms

Basement Partially Finished, Full

Interior

Heating Steam, Radiator(s), Indv Controls

Fireplace N

Exterior

Garage Spaces 2.0

View Y/N true

Roof Type Flat

Building

Foundation Brick/Mortar, Concrete Perimeter

Sewer Public Sewer, Storm Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Budlong Elementary School

Middle Schools Budlong Elementary School

High Schools Amundsen High School

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.zillow.com/view-imx/b5f422ad-86f0-437a-8cf7-b17735c6b159/?utm_source=captureapp

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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Christina McNamee • Compass

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agent

Doug Anderson

Designated Managing Broker

+1(847) 687-3424

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4820 N California Avenue

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