NOT LISTED FOR SALE

2021 N Campbell Ave Chicago, IL 60647

Logan Square Neighborhood
14 Beds
6 Baths
6,466 Sq Ft
2,815 Sq Ft Lot

Last Sold May 17, 2024

Last sale price $1,675,000 $259 Per Sq Ft

11 Days on Market

About This Home

As of May 2024

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.

Last Listed By

Josh Krueger

Campbell Street Asset Management Inc License #471017934 Listed on: 03/27/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,950

Year Built

  • Built in 1892

Lot Details

  • 2,815 Sq Ft Lot
  • Lot Dimensions are 25x112

Home Design

  • Flat Roof Shape

Interior Spaces

  • 6,466 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Heating and Cooling System
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat, hot water

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $260
  • Insurance Expense $4,650
  • Maintenance Expense $3,500
  • Other Expense $19,290
  • Trash Expense $2,850
  • Water Sewer Expense $1,740
  • Operating Expense $53,000
  • Gross Income $170,700
  • Net Operating Income $117,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,950

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1892
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 14
  • Fire Protection: Other
  • Fireplaces: 6
  • Drive-In Doors: 6
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 0
  • Number of Washers: 6
  • Room: 4
  • Room: 0
  • Room: 0

Exterior Features

  • Frontage Type: City Street
  • List Price: 1750000
  • Exterior Building Type: Brick,Frame
  • Roof Structure: Flat

Utilities

  • Cooling: Central Air
  • Electric: Service - 0 to 100 Amps
  • Utilities: Water-Municipal
  • Heat/Ventilation: Central Heat/Indiv Controls
  • Leased Washer Dryer YN: Yes

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 2850
  • Water Sewer Expenses: 1740
  • Janitor Expense: 1800

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 25X112
  • Lot Size Sq Ft: 2815
  • Zoning: COMMR

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 6466

Multi Family

  • Net Operating Income: 117000
  • Insurance Expense: 4650
  • ElectricExpense: 260
  • GrossIncome: 170700
  • Maintenance Expense: 3500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 53000
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 18950
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $1,675,000 -4.3% $259 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $1,750,000 -- $271 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Josh Krueger

    Seller's Agent in 2024

    Josh Krueger

    Campbell Street Asset Management Inc

    (312) 285-3749

    1 in this area

    3 Total Sales

    Josh Krueger
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11848901

Midwest Real Estate Data (MRED)

APN: 13362310010000

Illinois Cook County Chicago 60647 Logan Square

2021 N Campbell Ave, Chicago, IL

Homes for Sale in Chicago, IL

This home is located at 2021 N Campbell Ave, Chicago, IL 60647 since 27 March 2024. This property was built in 1892. 2021 N Campbell Ave is a home located in Cook County with nearby schools including Goethe Elementary School, Clemente Community Academy High School, and CICS - Bucktown Campus.

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