1539 North Campbell Avenue

Chicago, IL 60622

$1,150,000
Last Sold Price
12
Beds
8
Baths
4,984 Sq. Ft.
$231 / Sq. Ft.
4,984
Sq. Ft.
$231
per Sq. Ft.

Description

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...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!

Listing Agents

  1. Jordan Pyle

    Jordan Pyle

    Listing Agent

    Compass

  2. Listed by Ryan Harmon • eXp Realty, LLC

Sold By EXIT Strategy Realty

Property Details for 1539 North Campbell Avenue

Area
CHI - West Town
Township
North Chicago
Ownership
Fee Simple
Num Of Parking Spaces
3.0
Num Of Cars
3.0
Heat/Fuel
Natural Gas
Zoning
MULTI

Location

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LISTING UPDATED: 04/25/2022 11:49 AM

Property Details for 1539 North Campbell Avenue

StatusClosed
MLS #11320096
Days on Market73
Taxes$16,333 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1995
Lot Size0.07 AC / 3,049 SF
CountyCook County

Location

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Building Information for 1539 North Campbell Avenue

Stories-Residences4Year Built1995Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$7,637 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$1,361

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1539 North Campbell Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking On Site: true
  • Parking Ownership: Owned
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 3
  • Bedrooms (Below Grade): 0
  • Community Features: Park, Sidewalks, Street Lights
  • Basement Type: Full
  • Bedrooms Possible: 12
  • Basement Description: Finished
  • # Full Baths in Building: 8
  • # Half Baths in Building: 0
  • Num of Baths: 8.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • Exterior Property Features: Porch
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2020
  • Built Before 1978: No
  • Age: 26-30 Years
  • Lot Description: Fenced Yard
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 3150
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Block
  • Roof Type: Flat
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 1500
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 2400
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 31
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $98,400.00
  • Other Addl Income: Coin Laundry,Parking Space/s
  • Net Operating Income: $76,267.00
Unit 1
  • Unit Type Actual Rent: $1,800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 2021
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 2021
Unit 3
  • Unit Type Actual Rent: $2,100.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 2021
Unit 4
  • Unit Type Actual Rent: $2,150.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 2021

Property History for 1539 North Campbell Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1539 North Campbell Avenue

Taxable ValueLand$14,175Additions$66,825Total$81,000
Tax Record2022$16,660 ($1,388 / month)
Home Facts
Baths6Total Finished SqFt4,984 SqFtAbove Grade Finished SqFt4,984 SqFtStories3Lot Size3,150 SqFtStyleMulti-Family Res (5+ Units)Year Built1998CountyCOOKAPN16-01-206-050

Schools near 1539 North Campbell Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Public - PK to 8
Rating
School
Distance
De Diego Elementary Community Academy
PublicPK to 8

Clemente Community Academy High School
Public9 to 12

Erie Elementary Charter School
CharterK to 8

Sabin Elementary Magnet School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 04/25/2022 11:49 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.