$875,000
PENDING

Estimated payment $5,666/month

Total Views 969
9 Beds
8 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Introducing a prime investment opportunity in the heart of Arcadia Terrace/Lincoln Square corridor, 5526 N. Artesian Ave. This meticulously maintained 3,600 SF building, constructed in 1926 and elegantly renovated in 2020, features three fully leased units, achieving 100% occupancy. The property offers significant opportunity for increased rental-income, as the garden unit is roughed-in for plumbing and electrical and provides ample ceiling height. With its classic charm and modern updates, this property offers a seamless investment prospect for multifamily and low-rise/garden investors. The building's impeccable condition, prime location, and strong rental history present a compelling opportunity for those seeking a turnkey investment in a desirable North Side Chicago market. Don't miss the chance to add this impressive property to your portfolio.

Listing Agent

Jack Doyle

Essex 312, LLC License #475190497 Listed on: 12/01/2025

Co-Listing Agent

Niko Apostal

Essex 312, LLC License #471017557

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,135

Year Built

  • Built in 1926 | Remodeled in 2020

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 8 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 33 x 125

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $67,200
  • Net Operating Income $44,283

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,135

Year Built

Built in 1926 | Remodeled in 2020

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Bath/Stubbed, Full
  • Total Bathrooms: 8
  • Total Bedrooms: 9
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dishwasher,Microwave

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Yes, Detached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 33 x 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 44283
  • GrossIncome: 67200
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 13135.05
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
12/04/2025 12/04/25 Pending -- -- --
12/01/2025 12/01/25 For Sale $875,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12523701

Midwest Real Estate Data (MRED)