Main Photo

14 Photos

Main Photo
Main Photo

1425 N Campbell Avenue Chicago, IL 60622

$1,925,000
New / MLS# 12755955 / Multi Unit - Multiple / Chicago
0 Beds

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.

Read More » Read Less »

Baird & Warner New Client Care Team Agent Cell: 312.847.5702 Email

Mortgage Calculator

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 7,178.87 per month $4,953.25 Principal & Interest $1,664.17 Property Tax $561.46 Homeowner's Insurance
Get your competitive financing options.

Property Details

Property Type: Multi Unit - Multiple
Lot Size: 0.07 Acres
Stories: 3.0
Taxes: $19,970
Year Built: 1883

Feature Descriptions

Exterior: Brick
HVAC: Central Heat/Indiv Controls
Lot Dimensions: 126x25
Parcel#: 16012140140000
Units: 6

Location

See details and scored characteristics about this location.

Listing Office: Compass

Listing Office Phone: 773-598-7388



Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Login to my Baird & Warner account