For Sale at Budlong: 5335 N California Avenue #304, Chicago, IL 60625. 2-bedroom 1-bath, 875 sf, 1958 LINCOLN SQUARE $185,000 begin new search
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Overview

Investor Special: High-Yield 2-Bed Condo in Lincoln Square / Budlong Woods. Maximize your real estate portfolio with this turnkey, cash-flowing 2-bedroom, 1-bathroom condo at 5335 N California Avenue. Located in a highly desirable, well-managed building with no rental cap, this property offers an immediate, hassle-free income stream. Financial & Investment HighlightsInstant Cash Flow: Currently rented at $1,800/month.Flexible Tenancy: Reliable tenant is on a month-to-month lease and wishes to stay. Investor-Friendly: Most units are investor-owned with no rental restrictions. Low Overhead: Monthly assessment covers almost all major utilities and upkeep. As-Is Sale: Priced perfectly for a straightforward, efficient transaction. Building & Property FeaturesAll-Inclusive Assessment: Includes heat, hot/cold water, exterior maintenance, and common insurance.Parking Included: Comes with one rare, assigned parking space. Upcoming Capital Upgrade: Elevator modernization project is fully contracted and starting soon. Strong Management: Professionally managed, well-maintained building. Unbeatable Location Amenities Healthcare Hub: Just minutes away from Swedish Covenant Hospital. Public Transit: CTA bus stop sits directly in front of the building.Daily Conveniences: Steps to Tony's Fresh Market grocery store and local parks. CASH deals only due to the current elevator court violations. The elevator is going thru the modernization process and it should be completed by early 2027. No special assessments for the elevator, the HOA has the necessary funds to complete the project

Address 5335 N California Avenue

Unit #304


Chicago, IL 60625
Listing Status Active
Asking Price $185,000
Special Listing ConditionsNone
Parking Included in PriceYes
Offered for Sale or RentNo
Property TypeResidential
Rooms
RoomsNo additional rooms
Square Footage 875 sq ft (Landlord/Tenant/Seller)
Bedrooms 2
Bathrooms 1 full
Total Rooms5
Assessor Square Feet850
Interior FeaturesElevator, Storage
AppliancesRange, Refrigerator
Disability AccessNo
BasementNone
Basement BathroomNo
Building & Exterior
Year Built1958
Built Before 1978Yes
RehabbedNo
RebuiltNo
New ConstructionNo
Property StyleAttached Single
Stories5
Unit Floor2
Units in Building42
Exterior MaterialsBrick
FoundationConcrete Perimeter
Parking
Total Parking Spaces1
Parking FeaturesAssigned, Yes
HOA & Building Amenities
HOA Fee$378.00 per month
HOA Fee IncludesHeat, Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Special AssessmentsUnknown
Association AmenitiesCoin Laundry, Elevator in Residence, Storage
Management CompanyLT MANAGEMENT
Management ContactMANAGER
Management Phone773-728-0501
Board Number8
Pets AllowedCats OK, Dogs OK
Maximum Pet Weight30
Owner May Rent UnitYes
Utilities
Water SourceLake Michigan
SewerPublic Sewer
HeatingSteam
CoolingWall Unit(s)
Location & Schools
NeighborhoodCHI - Lincoln Square
TownshipJefferson
DirectionsFoster to California N to Home
Middle School District299
High School District299
Taxes & Listing Details
Tax ExemptionsNone
OwnershipCondo
PossessionNegotiable
Broker Owned or InterestNo
General InformationNone
Currently LeasedNo
Public Records
County Cook
Tax PIN 13122190681019
Property Tax $3,109 for the year 2025
Street Locator

North of Chicago Avenue

North of Division Street

West of La Salle

West of Michigan Avenue

North of North Avenue

North of Roosevelt Road

Distance to L0.9 miles · Francisco
Distance to Starbucks0.2 miles · Starbucks, 5140 N California Ave
Distance to Lake Michigan 2.3 miles
Corporate LimitsChicago
Monthly Payment Calculator
Listing Source
Platform MRED
MLS Number MRD12650474
Courtesy of Onix Realty, Inc.
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