Date 07/07/2021

1047 N California Avenue
Chicago, IL 60622

Single Family, Mixed Use
Acre Lot
Courtesy: North Clybourn Group, Inc.
Agent Websites> Illinois> Chicago> 60622
Fantastic opportunity to own this beautiful Mixed-use, ALL BRICK, 3-unit building in the very walk-able California Corridor of Humboldt Park. Building was purchased with the intent of opening an artistic multi-use venue and was in the process of being redesigned but life ended up drawing owners to another state. Now it's time for your vision! The Vacant Storefront is a large space that runs the entire length of the building. Fresh drywall covers the 10ft high walls, 2 large separate rooms in back (perfect for stock rooms, privacy, fitting rooms, storage, etc.), a recently laid subfloor, and newly installed (basic) kitchen which includes a dishwasher and refrigerator is ready for your design. While there is no basement in this building, there is a newer washer/dryer in the enclosed 2nd floor porch that both rental units are free to use. At the rear of the storefront is a well sized, gated, private and bricked patio with two generous parking spots off the alley. The two rental units above are each 2-bedroom, 1 bath apartments with eat-in kitchens, comfortable living rooms and large inviting enclosed porches off the back. Both units are currently occupied at under market rents of $1100 and $1150 (unit #2 is MTM). All units have individual hot water heaters, Central air conditioning, and GFA heat. Right next door to Humboldt House, Lucys restaurant and walking distance to Spinning J's, Rootstock Wine & Beer, Adams and Sons Gardening, the stunning Humboldt Park Lagoon and so much more! Building is zoned B3-2 so new owner has plenty of options. Easy street parking, Public transportation easily accessible. $56K+ possible annual income, low operating expenses.
Single Family, Mixed Use, Other
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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