4449 N California Avenue

Chicago, Illinois 60625

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!