• Status Sold
  • Sale Price $1,150,000
  • Bed 12 Beds
  • Bath Not provided
  • Location North Chicago

This is your opportunity to own a fully occupied 4 unit building in west Wicker Park! Located on Campbell Ave just off North and Western, this location is prime for investors! Previous owners have kept the building well maintained and are looking to move on to their next investment. Only a few minutes drive to the I-94 Kennedy Expressway, 0.6 miles west of the CTA's Damen Blue Line train station, and just 200 feet south of the CTA's North Avenue & Campbell bus 72 stop. *Gross yearly income is $93,300 with a net operating income of $68,655.43. Yearly insurance amount is $3295 for 2021.* The unit mix consists of three 3 Bedroom 2 Bathroom units that measure 1,300 square feet and one 3 bedroom 1 bath garden unit that measures 1,000 square foot respectively. Three units also feature their own built-in gas-operated fireplaces. Tenants pay gas, electric, and heat. The property offers investors a unique opportunity to purchase a quality Multifamily asset in a prime location, the ability to increase cash flow by raising rents due to reduced "covid rents" while simultaneously benefiting from the neighborhood's rapid price appreciation!

General Info

  • List Price $1,200,000
  • Sale Price $1,150,000
  • Bed 12 Beds
  • Bath Not provided
  • Taxes $16,333
  • Market Time 14 days
  • Year Built 1995
  • Square Feet Not provided
  • Assessments Not provided
  • Assessments Include Not provided
  • Listed by
  • Source MRED as distributed by MLS GRID

Rooms

  • Total Rooms 3
  • Bedrooms 12 Beds
  • Bathrooms Not provided

Features

  • Heat Gas
  • Air Conditioning Not provided
  • Appliances Not provided
  • Amenities Park/Playground, Sidewalks, Street Lights
  • Parking Space/s
  • Age 26-30 Years
  • Exterior Block