Essex Realty Group, Inc. has been exclusively engaged to market for sale, 6431-33 N. California Ave., a rehabbed 6-unit mixed-use building in Chicago’s vibrant West Ridge neighborhood. The Subject Property, which benefits from an extensive list of capital improvements, presents investors with the opportunity to acquire an immaculately maintained and rarely available asset located in one of the most desirable pockets of West Ridge.
The unit mix consists of four (4) 2 Bed/1.5 Bath apartments with large, separate living & dining rooms and oversized bedrooms. Further, the extra half-baths in the apartments give them a competitive edge over other competing rentals in the area. Three of four units have been remodeled, featuring hardwood & tile floors, granite countertops, stainless steel appliances, dishwashers, central heat & air conditioning and in-unit laundry. Additionally, the property is comprised of two (2) street-level commercial spaces. The retail space is currently occupied and benefits from daily foot traffic off bustling Devon and California Ave. Further, the property includes two (2) large unfinished basements with ample storage space, as well as five (5) garage parking spaces.
Located within walking distance to the heart of Devon Avenue’s commercial corridor, 6431-33 N. California Ave. benefits from its proximity to many boutique shops and restaurants. Additionally, the property provides tenants convenient access to public transportation, including multiple CTA Bus Lines along California & Devon Avenues.
Known as one of Chicago's most historically and culturally abundant neighborhoods, West Ridge has become a cherished community that boasts thriving retail lining Devon Avenue, historic mansions along Ridge and Lunt Avenues and cultural institutions such as St. Scholastica Academy.
6431-33 N. California Ave. is situated in a uniquely desirable pocket of the West Ridge neighborhood. Located blocks from the heart of the Devon Avenue commercial corridor, the Subject Property benefits from its proximity to local shops and restaurants, as well as convenient public transportation options.
- Rehabbed and Well-Maintained Asset in Highly Desirable Pocket of West Ridge
- Attractive Apartment Unit Mix – Four (4) Large 2 Bed/1.5 Bath
- Extra Half-Baths and Full Size In-Unit Laundry provide Competitive Edge over Competing Rentals in Area
- Strong Commercial Space Benefiting from High Foot-Traffic – Steps to Devon Avenue's Commercial Corridor
- Property includes Two (2) Large Unfinished Basements and Five (5) Leased Garage Parking Spaces
- Owned by Same Family for Approximately 30 Years