Under Contract

2021 N Campbell Avenue

Chicago IL, 60647

$1,750,000


$270.65 per sqft

Under Contract

6,466 sqft

Commercial

Built in 1892

Courtesy of Campbell Street Asset Management Inc

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.

11848901

MLS ID

March 27, 2024

Listed

April 11, 2024

Updated

Map

2021 N Campbell Avenue
Chicago IL, 60647

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.06 Acres

Other Property Details

Area Name

CHI - Logan Square


Taxes

$18,950


Tax Frequency

Annually


Days on Market

16


Garage

No


View

No


County

Cook


Municipality

West Chicago


Pool

No


Zoning

COMMR


Buyer Agency Compensation

2% LESS $500

Listing History

Date

Event

Price

4/11/2024

Under Contract

Courtesy of Campbell Street Asset Management Inc, Joshua Krueger,
Listing Contact: 773-830-1485 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than NiKo Collaborative are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 4/11/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and 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. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 11:38 AM UTC, 4/11/2024

 

 

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