Property Listing No Longer Available for Sale

5519 N Campbell Avenue, Chicago, IL

Others for Sale - $2,350,000


Property Info

CIMLS#1127904
Location
  5519 N Campbell Avenue
  Chicago IL 60625
UpdatedAugust 25th, 2022
TypeOthers
Price$2,350,000

Property Description

Outstanding investment property with 9 spacious units. This building features 3 units with 3bedrooms and 2bathrooms and 6 units with 2bedrooms and 2bathrooms (all legal apartments). Spacious eat in kitchen with formal dining and living room. 8 parking spaces. Building is in great condition. All units feature hardwood floors and recently updated bathrooms with newer kitchens. Tuck pointing is in great shape. Part of Lincoln Square, The Budlong Woods is home to a number of shops, restaurants and night life, all within walking distances of this property; making it a top choice for renters in Lincoln Square and a fantastic rental market for investors. Long time tenants with room for rent increases as most are MTM. Current Net Income at $127,000 without parking or laundry income which can be an added by new owner. Market Net Income $201,240. Making it a great investment with a 6% CAP RATE and Rent Multiplier of 11.66.


Financials


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