5122 S Campbell Avenue
Chicago, IL 60632

Status: Sold
Multi Family
5 beds
0 baths
0 sq.ft
Listing Price: $275,000

About this home

Welcome to this fantastic legal 2-flat located in the vibrant Gage Park neighborhood of Chicago. This property presents an excellent opportunity for both investors and homeowners looking for an income-generating property or a multi-generational living setup. Situated on a well-maintained street, this property boasts a newer roof as of 2021, providing peace of mind and long-term durability. Additionally, a new garage as of March 2022, offering secure parking and storage space for both units. One of the highlights of this property is the low property taxes, which makes it even more attractive for potential buyers. Enjoy the benefits of affordable ownership while taking advantage of the income potential from renting out the second unit. The second unit in this 2-flat duplexes to the attic, creating a spacious and versatile living area. This layout allows for additional bedrooms, a home office, or a recreational space, providing flexibility for different needs and preferences. The property is ready to welcome new occupants. Enjoy the convenience of nearby schools, parks, shops, and restaurants. With easy access to public transportation and major highways, commuting to other parts of Chicago is a breeze. Whether you're an investor seeking a profitable rental property or a homeowner looking for an income-generating home, this legal 2-flat in Gage Park is a remarkable opportunity. Schedule a showing today and explore the potential this property has to offer. ***SOLD BEFORE PRINT*****

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1890
Parking Total 2
Exterior Building Type Brick
Garage Details Transmitter(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Gage Park
Corporate Limits Chicago
Directions Take 55th St to Campbell Ave, S to property
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Lake
Interior Features
Basement Description Unfinished
Basement Partial
Bedrooms Count 5
Bedrooms Possible 5
Baths Count 2
Full Baths in Building Count 2
Total Rooms 11
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1100
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Security Deposit 500
Tenant Pays Electric,Gas
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 1100
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Security Deposit 1000
Tenant Pays Electric, Gas, Parking
Floor Number 2
Property / Lot Details
Lot Dimensions 3125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 19124050290000
Special Assessments N
Taxes $2,011
Tax Exemptions None
Tax Year 2021
$275,000 Listing Price:
MLS # 12030426
Investment Profile Residential Income
Listing Market Time 49 days
Basement Partial
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 04/16/2024
Year Built 1890
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