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Open 10/20 12PM-3PM

4449 N California AVE Chicago, IL 60625

4 Beds

OPEN HOUSE

Sun Oct 20, 12:00pm - 3:00pm

UPDATED:

10/18/2024 06:08 PM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

Subdivision Ravenswood Manor

MLS Listing ID 12175020

Style Brownstone

Bedrooms 4

Year Built 1900

Annual Tax Amount $12,649

Tax Year 2023

Lot Dimensions 30X125

Property Description

Prime Investment Opportunity in Ravenswood Manor! Discover the incredible rental income potential of this spacious brick 2-flat. This property is ideally located in the highly coveted Ravenswood Manor neighborhood and the top-rated Waters School District. Whether you're an investor seeking to leverage the robust rental market or a homeowner looking for extra income, this property offers unmatched versatility. Just steps from Horner Park and the Chicago River Walk, this well-maintained property features two expansive units. Both units boast 2 bedrooms plus a front sunroom, rear office/studio area, large formal dining room, and a full bath. The first-floor unit also features a custom gas heat-producing fireplace with new tile and built-ins, which adds both functionality and charm. The second-floor unit features exposed brick and a way cool retro 60's kitchen. The lower-level in-law unit is currently used as a short-term Airbnb rental! The building's unique character is highlighted by its beautiful green Spanish-tiled roof. Built-in 1916, this property is also eligible for Ravenswood Manor Historical Status, adding potential historical significance and future value. Recent improvements include; 2022-Rebuilt north and south parapet walls, replaced roof flashing, resealed roof, and completed tuckpointing. 2020-Replaced all sidewalk and walkway concrete for enhanced curb appeal. 2019-Installed new electricity to the garage. 2022-Updated the first-floor kitchen with new cabinets, countertops, and stainless steel appliances. 2020-Renovated the basement in-law apartment to include one bedroom, a full bath, and a complete kitchen with new cabinets, countertops, and stainless appliances. 2019: Remodeled the first-floor bath. The lower-level in-law This is an excellent location near award-winning restaurants & shops, Horner Park, the Chicago River Walk, and Lincoln Square. And just a quick walk to the adorable Rockwell EL stop. This is the perfect opportunity to secure a solid income-generating property in one of Chicago's most desirable neighborhoods!

Location

State IL

County Cook

Area Chi - Albany Park

Zoning MULTI

Rooms

Basement Full

Interior

Heating Natural Gas, Steam

Equipment Ceiling Fan(s)

Fireplace N

Exterior

Garage Detached

Garage Spaces 2.0

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Waterfront false

Roof Type Rubber

Building

Lot Description Fenced Yard

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Karen Holt • @properties Christie's International Real Estate

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