5526 N Artesian Ave Chicago, IL 60625
Lincoln Square NeighborhoodEstimated payment $5,666/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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)
MLS Number: 12523701
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