5526 N Artesian Ave Chicago, IL 60625
Lincoln Square NeighborhoodEstimated payment $5,670/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
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,859 | $68,673 | $16,163 | $52,510 |
| 2024 | $13,859 | $71,858 | $16,163 | $55,695 |
| 2023 | $13,488 | $72,185 | $13,094 | $59,091 |
| 2022 | $13,488 | $72,185 | $13,094 | $59,091 |
| 2021 | $13,205 | $68,999 | $13,094 | $55,905 |
| 2020 | $8,753 | $42,394 | $7,774 | $34,620 |
| 2019 | $9,679 | $48,175 | $7,774 | $40,401 |
| 2018 | $9,516 | $48,175 | $7,774 | $40,401 |
| 2017 | $9,040 | $41,992 | $6,956 | $35,036 |
| 2016 | $8,411 | $41,992 | $6,956 | $35,036 |
| 2015 | $7,695 | $41,992 | $6,956 | $35,036 |
| 2014 | $7,724 | $41,632 | $6,138 | $35,494 |
| 2013 | $7,572 | $41,632 | $6,138 | $35,494 |
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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