$1,675,000
$1,750,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
2021 N Campbell AVE Chicago, IL 60647
6,466 SqFt
Key Details
Sold Price $1,675,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 6,466 sqft
Price per Sqft $259
MLS Listing ID 11848901
Sold Date 05/17/24
Maintenance Fees $3,500
Year Built 1892
Annual Tax Amount $18,950
Tax Year 2022
Lot Size 2,613 Sqft
Lot Dimensions 25X112
Property Description
Located heart of Logan Square/West Bucktown, this prominent six unit sits next to Walgreens on the corner of Campbell and Milwaukee. All units were gut renovated in 2013, 3 of the units had cosmetic updates in 2022. New roof and tuckpointing work done in 2023. All units feature impeccable condo quality finishes, excellent open layouts, bright units, mix of 2 and 3 bedrooms, hardwood floors throughout, in-unit laundry, granite/stainless kitchens w/ backsplash. The building is steps away from Western Blue Line L Stop, both the 56 and 73 bus routes, restaurants, shopping and nightlife in Logan Square and Bucktown. Tenants pay bundled services of $85/unit/month for additional income. Offered at a 6.7% cap rate on in-place revenue. Ability to do cosmetic updates to three units and move to 7.0%+ cap rate. Assumable debt in place at 4.26% with UPB of $1,170,511.
Location
State IL
County Cook
Area Chi - Logan Square
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Water-Municipal
Building
Level or Stories 3
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Joshua Krueger • Campbell Street Asset Management Inc