1. Illinois
2. Chicago
3. 4820 N California Avenue

4820 N California Avenue, Chicago, IL 60625

• 5 beds |
• 3 baths

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.

Listing Status:

Active

Listing Office:

Compass : 847-567-1080

Listing Agent:

Christina McNamee : 847-567-1080

MLS ID:

12422318

Interior

• Rooms: Utility Room-Lower Level
• Basement: Partially FinishedFull
• Heating: SteamRadiator(s)Indv Controls

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Christina McNamee, Compass