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Executive Summary

Professional OM available upon request
(25) 1Bd/1Ba
(6) 2Bd/1Ba
8% In-place cap rate
Strong rental demand
6321 S California can be purchased along with 6355 S California and 6400 S Fairfield. 3 Building portfolio | 68-Units within walking distance for prime optimization and management.

Property Facts

Price $3,617,802 CAD
Price Per Unit $116,703 CAD
Sale Type Investment
Cap Rate 8.02%
Gross Rent Multiplier 5.38
No. Units 31
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.35 AC
Building Size 24,537 SF
No. Stories 4
Year Built 1923
Opportunity Zone Yes
Zoning RS-3

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower

Site Amenities

  • Courtyard
  • Security System

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 25 - 750
2+1 6 - 1,000
Very walkable
80/100
Fairly drivable
40/100
Good public transit
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
19-24-200-010-0000
Land Assessment
$20,759 CAD
Improvements Assessment
$251,365 CAD
Total Assessment
$272,125 CAD
  • Listing ID: 39893870

  • Date on Market: 2026-03-24

  • Last Updated:

  • Address: 6321-6331 S California Ave, Chicago, IL 60629

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