Essex Realty Group, LLC has been exclusively engaged to market for sale 7000–7010 N. California Ave., a 23-unit vintage mixed-use apartment building located on the corner of California Avenue and Lunt Avenue in Chicago’s West Rogers Park neighborhood.

The Property consists of seventeen (17) one-bedroom/one-bathroom apartments and six (6) ground-floor commercial storefronts. The residential units average approximately 700 square feet, and the commercial spaces average approximately 800 square feet. The Offering also includes on-site parking and a coin-operated laundry facility. Five of the six storefronts are leased to long-term, established neighborhood retailers, with one storefront currently vacant and available to lease.

The vintage apartments feature hardwood floors, white appliances, and laminate countertops. Heat is provided via a central boiler with radiator distribution. The Property has been well-maintained by current ownership, which has invested in several recent capital improvements, including a new boiler with zone control (2021), a new hot water heater (2022), refreshed common-area hallways with new paint and light fixtures, and gutter heaters.

The Property offers a clear, two-track value-add opportunity. Current residential rents average approximately $1,068 per month against market rents of roughly $1,200 per month—immediate upside of approximately $26,900 in additional annual gross income simply by bringing in-place rents to market as units turn, in as-is condition. Beyond the mark-to-market opportunity, strategic unit renovations incorporating modern finishes—updated cabinetry, stainless steel appliances, and contemporary countertops—can support rents of approximately $1,650 per month, as proven by comparable renovated apartments in the immediate area achieving $1,595 to $1,750 per month. Executed across the residential units, such a program can unlock approximately $120,000 in additional annual gross income.

7000–7010 N. California Ave. is ideally situated in the heart of West Rogers Park, just minutes from the Devon Avenue and Touhy Avenue retail corridors and their dense mix of restaurants, grocers, and neighborhood services. The Property’s hard-corner location on California Avenue provides excellent visibility for the ground-floor retail and convenient access to the surrounding residential community, positioning it as a durable, mixed-use asset.

West Rogers Park is one of Chicago’s most historically and culturally abundant neighborhoods. Located on the far North Side the community offers a vibrant mix of international retail, historic architecture, and abundant green space.

The neighborhood is best known for Devon Avenue, a thriving international retail and dining corridor lined with specialty markets, bakeries, and acclaimed restaurants drawing visitors from across the region. Beyond Devon, West Rogers Park boasts historic mansions along Ridge and Lunt Avenues, two designated Chicago bungalow historic districts, and notable institutions such as St. Scholastica Academy. Residents also enjoy generous green space at Warren Park and Indian Boundary Park, while convenient CTA bus and Metra access provide a direct connection to downtown Chicago.

• 23-Unit Mixed-Use Building Featuring 17 One-Bedroom/One-Bathroom Apartments and 6 Ground-Floor Commercial Spaces
• Vintage Apartments With Hardwood Floors and Central Boiler Heat With Radiator Distribution — On-Site Parking and Coin-Operated Laundry
• New Boiler With Zone Control (2021) and New Hot Water Heater (2022)
• Hard-Corner Location in West Rogers Park at California & Lunt Avenues — Excellent Retail Visibility, Minutes From the Devon Avenue and Touhy Avenue Retail Corridors