5420 N CAMPBELL Avenue
Chicago, IL 60625

Status: Sold
Multi Family
11 beds
0 baths
0 sq.ft
Listing Price: $949,000

About this home

4 UNIT: ALL 2BR 1BTH UNITS ALL THE SAME FLOOR PLAN, 1, 004 SQFT EACH, 4016 ABOVE GRADE. ENGLISH GARDEN WITH STORAGE, LAUNDRY AND MECHANICAL AND THERE ARE INGRESS AND EGRESS ON BOTH THE NORTH AND THE THE SOUTH SIDE OF THE LOWER LEVEL. ABOUT 2000+ SQFT BELOW GRADE. THERE IS A NICE LIGHT WELL EXTENDING FROM ENGLISH GARDEN ALL THE WAY UP. TWO PARKING SPACES CURRENTLY POTENTIAL TO ADD A 3RD OR 4TH. EPICENTER OF BOWMANVILLE ON THE EAST, ARCADIA TERRACE ON THE NORTH, BUDLONG WOODS ON THE WEST & LINCOLN SQUARE ON THE SOUTH. QUIET ONE WAY TREE LINED STREET, REAL NICE. ALL LONG TERM TENANTS, COUPLE TENANTS ARE 20 YR+. WELL MAINTAINED BUILDING. ALL UNITS HAVE SPACIOUS LIVING SPACE WITH GREAT INTERIOR FINISH. SOME KITCHENS AND BATHS HAVE BEEN REPLACED OR UPGRADED. ALL COPPER PLUMBING THROUGHOUT. EXTRA STORAGE SPACE DOWNSTAIRS. FURNACE, ROOF AND WATER HEATER ALL WELL MAINTAINED. ROOF NEW IN 2016 AND NEW SILVER COATING ADDED TWICE SINCE TO MAINTAIN. THE VHT PHOTOS HAVE THE 4 KITCHENS AND LR AND DR ALONG WITH A COUPLE OF THE PRIMARY BR'S AND ONE SECOND BR AND A COUPLE BATHS. Total Monthly income $8, 400 ($8, 200/mt from rent plus $200 mt from laundry) Total annual expense: $14, 321 {comed-$903, p gas-$3, 630, water-sewer-garbage-$5, 587, Insurance $4, 200} Taxes 2022-$16, 800. 2 parking spots which go with units 1N and 1S. Tenants pay electric and cooking gas. Owner pays for water and scavenger and heat, tax and insurance. Above grade 4, 016 sqft. Below grade 2, 008 sqft. Total sqft 6, 000+. Lot 40x93 3, 720 Lot. Hdwd floors in all units. Carpet covers the hdwd in a few. Thermostats in each unit, controlled radiant heat supplied by building. Window units for ac. 4 gas and 4 electric meters for each unit and one electric and one gas for common area. Owner is a GC he added some kitchen and bath upgrades in some but not all units. All tenants are on a month to month and all want to stay. Showing 1S (2br 1bth), 2S (2br 1bth) and common area on first showing.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 61-70 Years
3 Bedroom Unit in Building No
Approx Year Built 1962
Parking Total 2
Exterior Building Type Brick
Parking Features Secured
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Lincoln Square
Zoning Type MULTI
Corporate Limits Chicago
Directions Balmoral to Campbell south to building
Elementary School Jamieson Elementary School
Elementary Sch Dist 299
Heat/Fuel Steam, Baseboard
High Sch Mather High School
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle School Jamieson Elementary School
Jr High/Middle Dist 299
Township Jefferson
Interior Features
Basement Description Finished, Exterior Access
Basement Full ,English
Bedrooms Count 11
Bedrooms Possible 11
Baths Count 6
Full Baths in Building Count 6
Total Rooms 24
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1500
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 1
Lease Expiration Date 4/16
Rooms Total 5
Tenant Pays Electric
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1500
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 1
Lease Expiration Date 4/16
Rooms Total 5
Tenant Pays Electric
Floor Number 1
unit 3
Beds Total 2
Baths Total 1
Actual Rent 1500
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 1
Lease Expiration Date 4/16
Rooms Total 5
Tenant Pays Electric
Floor Number 2
unit 4
Beds Total 2
Baths Total 1
Actual Rent 1500
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 1
Lease Expiration Date 6/15
Rooms Total 5
Tenant Pays Electric
Floor Number 2
Property / Lot Details
Lot Dimensions 40X93
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 4
Property Type Two to Four Units

Financials

ElectricExpense 903
Electric Expense Source Actual
Financing Conventional
Fuel Expense $3,630
Fuel Expense Source Actual
Gross Rental Income $100,800
Net Oper Income $90,679
Rental Income 8400
Scavenger Expense $1,000
Investment Profile Residential Income
Water Expense $1,587

Tax/Assessments/Liens

PIN 13122160320000
Special Assessments N
Taxes $16,800
Tax Year 2022
$949,000 Listing Price:
MLS # 12074356
Investment Profile Residential Income
Listing Market Time 45 days
Basement Full ,English
Type Unit 2 Flat
Number of Units in Building 4
Parking Space/s
List Date 06/04/2024
Year Built 1962
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