REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 1,850,000

Est. payment -/mo

Save

Price Dropped by $75K

1425 N Campbell AVE Chicago, IL 60622

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12755955

Maintenance Fees $1,500

Year Built 1883

Annual Tax Amount $19,970

Tax Year 2024

Lot Dimensions 126x25

Property Sub-Type Multi Family 5+

Property Description

Welcome to 1425 N. Campbell Avenue (the "Property"), a six- unit multifamily investment opportunity located in Chicago's highly desirable East Humboldt Park neighborhood. Comprised of a red brick walkup and separate coach house, the Property offers investors a rare opportunity to acquire a recently renovated, turnkey asset with strong in-place cash flow and meaningful rental upside in one of Chicago's fastest- growing rental submarkets. The Property consists of three (3) 2 Bed / 2 Bath apartments within the front building and three (3) 1 Bed / 1 Bath apartments within the rear coach house. The unit mix provides an attractive combination of one-bedroom and two-bedroom floor plans that appeal to a broad tenant base, supporting strong occupancy and long-term rent growth. Both buildings underwent extensive gut renovations in 2021 and feature modern finishes and updated building systems, creating a low-maintenance investment opportunity with limited near- term capital expenditure requirements. Despite the recent renovations, the Property offers investors the opportunity to further increase rents to market levels. The combination of below-market rents, strong neighborhood fundamentals, and continued demand for renovated apartments in the area creates a compelling path for future NOI growth and value appreciation. Additionally, the Property benefits from separately metered utilities, minimizing landlord expense obligations and creating an efficient operational structure that enhances overall cash flow predictability. Ideally situated in East Humboldt Park, residents enjoy convenient access to some of Chicago's most vibrant dining, entertainment, and retail destinations throughout Wicker Park, Ukrainian Village, West Town, and Logan Square. The Property also benefits from exceptional connectivity to public transportation and major thoroughfares. The CTA Blue Line at the Damen Station is located approximately 0.8 miles from the Property, providing direct access to Downtown Chicago, O'Hare International Airport, and the northwest side. Nearby CTA bus routes along Western Avenue, North Avenue, and Damen Avenue further enhance accessibility throughout the city. With its desirable unit mix, extensive 2021 renovations, operational efficiency, rental upside, and premier East Humboldt Park location, 1425 N. Campbell Avenue represents an exceptional opportunity to acquire a stabilized, cash-flowing multifamily asset with significant long-term appreciation potential in one of Chicago's most dynamic and evolving neighborhoods.

Location

State IL

County Cook

Area Chi - West Town

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Listed by Adam Max of Compass

Nearby School & Business

AFFORDABILITY CALCULATOR

Use this calculator to determine how much house you can afford. By entering details about your income, down payment, and monthly debts, you can estimate the mortgage amount that works with your budget.

You can afford a home up to: $0

Your debt-to-income ratio is 36%
Quite affordable.

View Affordable Properties

Payment Breakdown：

$0 Month

Get more info from a local expert!

MY BLOGS

Vacant Land Scams are REAL

About 6 months ago, I received an email from (let’s call him) Charlie. A “nothing out of the ordinary” email from a common (and mildly validating) charlie…..@hotmail stating: “I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slow

less is more, unless, it’s for less.

I hated looking for matching socks. Every day, my job required me to remove shoes at nearly every doorstep, and matching my socks was a daily frustration. Each day, I’d get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL 60005, USA