1116 S California Ave, Chicago, IL, 60612
About This Home
This exceptional investment opportunity is ideally located just steps away from beautiful Douglas Park. Situated close to the vibrant Tri-Taylor and Illinois Medical District neighborhoods, this property is perfectly positioned in one of Chicago's rapidly developing areas, surrounded by ongoing growth and redevelopment. Surrounded by nearby public transportation options and quick access to the I-290 expressway, providing an easy connection to downtown Chicago and surrounding neighborhoods. The location also places you minutes from major hospitals, universities, and local dining and shopping destinations. The property has been fully gutted, presenting a rare blank canvas for investors, developers, or homeowners with a vision. With the interior already cleared out, it's ready for your custom design, renovation plans, or redevelopment ideas to bring new life to this promising space.
Getting Around
Somewhat Walkable
Excellent Transit
Very BikeableSchools
Construction
Condition
- Year built: 1917
Materials
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Unfinished,Full
Bathroom
- Features: No Tub
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Heating features: Natural Gas
Property
Details
- Parcel number: 16133310210000
- Zoning: MULTI
- Special condition: List Broker Must Accompany
Features
- Exterior features: Balcony
- Fencing: Fenced
Lot
- Lot size: 3,049 sqft
- Lot size dimensions: 25x125
Parking
- Total spaces: 3
- Parking features: Unassigned,Off Alley,Yes,Owned
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,896 | $22,752 |
| Home Insurance * | $139 | $1,668 |
| Property Taxes | $540 | $6,480 |
| Electricity | $130 | $1,569 |
| Total | $2,705 | $32,460 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-15 | Listed for sale | $375,000 |
| 2017-08-18 | Sold | $60,000 |
| 2017-07-14 | Pending sale | $59,900 |
| 2017-06-16 | Listed for sale | $59,900 |
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