Address
6431 N California Avenue, Chicago, IL
Price
$ 1,250,000
Property Attributes
  • MLS#12753982
  • TypeCommercial
  • Listing Status Active
  • CountyCOOK
  • CityChicago
  • AreaCHI - West Ridge
  • NeighborhoodWest Ridge
  • Zip60645
  • Style
  • Year Built1929
  • Taxes$ 21595
  • Price$ 1,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9691
  • Lot Size0.14348 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

6431-33 N. California Ave is an updated 6-unit mixed-use building in Chicago's West Ridge neighborhood. The property offers investors a well maintained, rarely available asset in one of West Ridge's most desirable pockets. The unit mix includes four 2 Bed/1.5 bath apartments with large, separate living and dining rooms, oversized bedrooms, and extra half-baths that give them an edge over competing rentals. All four units have been remodeled to some degree in the last 10 yrs - featuring stainless steel appliances, dishwashers, central heat & air, and in-unit laundry. Opportunity exists to bring longer term tenants up to market and boost NOI. The property also includes two fully occupied street-level commercial spaces benefiting from heavy foot traffic along Devon and California Ave, plus two large unfinished basements and five garage parking spaces. Located near Devon Avenue's commercial corridor, the property offers easy access to shops, restaurants, and multiple CTA bus lines.

Price History
9/10/2026 Listed $1,250,000

General Features

Cooling Central Individual
Construction Materials Brick
Year Built 1929
Electric Separate Meters
Tenant Pays Common Area Maintenance,Electricity,Heat
Stories Count 3
Property Subtype Mixed Use
Tax Year 2025
Gross Income 147312
County Cook
Net Operating Income 89047
Operating Expense 52132
Insurance Expense 6743
Property Type Commercial Sale
Status Active
Directions W on Devon to California N to Property.
City Chicago
Number Of Units Total 6
MLS Area CHI - West Ridge
Lot Size Square Feet 6250
Tax Annual Amount 21595
Electric Expense 998
Fuel Expense 2958
Trash Expense 2211
Water Sewer Expense 6000
Additional Parcels Y/N No
Standard Status Active
Property Type Mixed Use
Cap Rate 7.1

Exterior Features

Building Area Total 9691
Lot Dimensions 50X125

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60645

Price
AVG $390K
$1.25M
Taxes
AVG $17,637
$21,595
Year Built
AVG 1963
1929
Visits
AVG 491
44
Data Provided by Inside Real Estate®

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