Skip To Content

1716 N Campbell Avenue

Chicago, IL 60647
  • $1,045,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 11392841
UPDATED: 21 min ago
$1,045,000
  • 7
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1913
County:

School Ratings & Info

School District:
299

Description

Well maintained legal 4-unit property (3-flat + 2-level coach house), on a quiet West Town block that has seen explosive rental growth in the past few years. All units have been improved with quality kitchens and baths, in-unit laundry, central Heat/AC, and updates to the plumbing and electric. The main building features all 2-bed / 1-bath units with rents ranging from $1,575-$1,950/mo and the coach house is a unique 1-bed / 1.5-bath unit on two-levels with tall, lofted ceilings on the main floor ($1,700/mo). Recent capital improvements include new mechanicals (2 new furnaces & 3 new water heaters in 2020), new tile floors for front building entry and Unit 1 bathroom (2022), a new roof with rubber membrane on the main building (2021), new roof on the coach house (2016), and remodeled coach house bath & basement floor replacement (2016). The property is surrounded by highly sought-after neighborhood conveniences including proximity to the Western Ave Blue Line stop, access to the 606 Bloomingdale Trail, the reinvigorated Humboldt Park and great dining and nightlife options. This is a great opportunity for a value-add / arm-chair investor (simply increase rents as leases come up) and provides several options for an owner-occupy investor. Current gross annual income = $83,700. Ins = $2,612. Water=$2,005.

Monthly Payment Calculator



© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2022-05-18T18:03:07.26 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.greaterchicagohomesearch.com/homes/128314999
Print Image

1716 N Campbell Avenue Chicago, IL 60647

  • Price: $1,045,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 21 min ago
  • MLS #: 11392841
7
Beds
0
Baths
0
½ Baths
N/A
Acres
1913
Built
Neighborhood:
Chi - West Town
County:
Cook
Area:
Chi - West Town
School District:
299
Property Description
Well maintained legal 4-unit property (3-flat + 2-level coach house), on a quiet West Town block that has seen explosive rental growth in the past few years. All units have been improved with quality kitchens and baths, in-unit laundry, central Heat/AC, and updates to the plumbing and electric. The main building features all 2-bed / 1-bath units with rents ranging from $1,575-$1,950/mo and the coach house is a unique 1-bed / 1.5-bath unit on two-levels with tall, lofted ceilings on the main floor ($1,700/mo). Recent capital improvements include new mechanicals (2 new furnaces & 3 new water heaters in 2020), new tile floors for front building entry and Unit 1 bathroom (2022), a new roof with rubber membrane on the main building (2021), new roof on the coach house (2016), and remodeled coach house bath & basement floor replacement (2016). The property is surrounded by highly sought-after neighborhood conveniences including proximity to the Western Ave Blue Line stop, access to the 606 Bloomingdale Trail, the reinvigorated Humboldt Park and great dining and nightlife options. This is a great opportunity for a value-add / arm-chair investor (simply increase rents as leases come up) and provides several options for an owner-occupy investor. Current gross annual income = $83,700. Ins = $2,612. Water=$2,005.
Exterior Features

Exterior Building Type Brick Exterior Features Deck Lot Size Standard Chicago Lot Multi Family Type 4 Flat Parking Details None Roof Rubber Waterfront YN No

Interior Features

Basement Finished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 7 Full Baths In Building 4 Half Baths In Building 1 Heating Natural GasForced Air Rooms Total 18

Property Features

Additional Parcels YN No Age 100+ Years Built Before1978 YN Yes Corporate Limits Chicago General Information None Gross Income 83700 Insurance Expense 2612 Mls Actual Status Active New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 0000 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 9115.89 Tax Year 2020 Total Numberof Unitsin Building 4 Total Rental Income 83700 Township West Chicago Type Two To Four Units Water Source Public Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Jameson Sotheby's Intl Realty.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2022-05-18T18:03:07.26 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11392841-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11392841-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11392841-1.jpg
Logo
RE/MAX IMPACT
1027 E. 9th Street
Lockport IL, 60441