Multifamily Housing
5428 North Campbell Avenue Chicago, IL 60625
Details & Description
Price: $2,800,000
    Kiser Group is pleased to present for purchase 5428-30 N. Campbell Ave., an eight (8) unit property located on Chicago's North Side on the border of Budlong Woods and Lincoln Square. The building consists of six (6) two-bedroom/one-bathroom units, one(1) one-bedroom/one-bath unit, and a studio apartment. The building received a gut rehab in 2010, with several capital improvements done in more recent years (see the following page for the complete list). There are four parking spots in the rear of the building and laundry in the basement that produces additional income. Each tenant has additional storage space in the basement as well. 5428-30 N. Campbell Ave. is a fully occupied turn-key investment property in an appreciating neighborhood. Renters are showing a willingness to pay higher rents for quality apartments such as these; additionally, the strong rental market here suggests there is a value-add opportunity by adding in-unit laundry and quartz countertops to the units and raising rents accordingly.NOTE: This property can be purchased along with 5454 N. Campbell Ave., a 7-unit property on the same block listed at $1,300,000.
    Property Highlights
    Listing Agents
    Rick Ofman

    O: 773-305-4900
    rick@essexrealtygroup.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5428 North Campbell Avenue

    Chicago, IL 60625

    Listing ID: 280008
    • 5428 North Campbell Avenue Chicago, IL 60625 | for Sale | Photo 1
    • 5428 North Campbell Avenue Chicago, IL 60625 | for Sale | Photo 2
    • 5428 North Campbell Avenue Chicago, IL 60625 | for Sale | Photo 3
    5428 North Campbell Avenue | for Sale | Thumbnail 1
    5428 North Campbell Avenue | for Sale | Thumbnail 2
    5428 North Campbell Avenue | for Sale | Thumbnail 3
    Building Size: 8,550 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $327.49
    Land $/SF:
    Price
    $2,800,000
    Property Highlights
    Gut Renovated Asset in Lincoln SquareBudlong Woods
    No Capital Improvements Needed
    Fully Occupied with Strong Cash Flow
    Description

    Kiser Group is pleased to present for purchase 5428-30 N. Campbell Ave., an eight (8) unit property located on Chicago's North Side on the border of Budlong Woods and Lincoln Square. The building consists of six (6) two-bedroom/one-bathroom units, one(1) one-bedroom/one-bath unit, and a studio apartment. The building received a gut rehab in 2010, with several capital improvements done in more recent years (see the following page for the complete list). There are four parking spots in the rear of the building and laundry in the basement that produces additional income. Each tenant has additional storage space in the basement as well. 5428-30 N. Campbell Ave. is a fully occupied turn-key investment property in an appreciating neighborhood. Renters are showing a willingness to pay higher rents for quality apartments such as these; additionally, the strong rental market here suggests there is a value-add opportunity by adding in-unit laundry and quartz countertops to the units and raising rents accordingly.

    NOTE: This property can be purchased along with 5454 N. Campbell Ave., a 7-unit property on the same block listed at $1,300,000.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Multifamily Housing for Sale

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    Chicago Area Market Trends

    Listing Demographics for 5428 North Campbell Avenue Chicago, IL 60625

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population53,240523,6231,049,567
    Population Median Age373837
    Population by Age0-9 Yrs6451 (12%)59356 (11%)116545 (11%)
    10-19 Yrs4779 (8%)49969 (9%)100682 (9%)
    20-29 Yrs8330 (15%)91621 (17%)198447 (18%)
    30-39 Yrs11055 (20%)100506 (19%)198469 (18%)
    40-49 Yrs7775 (14%)70180 (13%)135839 (12%)
    50-59 Yrs6398 (12%)60842 (11%)118166 (11%)
    60-69 Yrs5053 (9%)46669 (8%)95047 (9%)
    70+ Yrs3399 (6%)44481 (8%)86371 (8%)
    Median HH Income$70,335$62,640$71,453
    Total Household Income< 24K2842 (13%)44116 (20%)76873 (17%)
    25-49K4746 (23%)45966 (20%)80744 (18%)
    50-74K3247 (15%)36040 (16%)69295 (15%)
    75-99K2479 (12%)24982 (11%)51843 (11%)
    100-199K5515 (26%)48359 (21%)105457 (24%)
    200K+1758 (8%)20473 (9%)51562 (11%)
    Highest Education LevelNo Diploma51234403083322
    Diploma or GED621161227122478
    Some College561553557102827
    Assoc. Degree21431973139153
    Bachelors Degree12075119176240297
    Higher Degree758179342165794
    Total Housing Units22,275242,059479,918
    --Owner-Occupied8,51491,895197,417
    --Renter-Occupied12,073128,042238,357
    Owner-Occupied Values< 100K28653858236
    100-199K14411739328202
    200-299K15792054745814
    300-399K17981754942539
    400-499K12421056124289
    500K+21682045948336
    Total Working Age Population43,714436,736875,478
    In Work Force32,040304,979624,672
    Not In Work Force11,674131,757250,806
    Workforce Employed30,344290,282596,720
    Workforce Unemployed1,69614,53127,687
    Civlian Workforce32,040304,813624,408
    Military Workforce0167265
    Total Households20,587219,936435,774
    Family Households11,939105,926214,754
    Non-Family Households8,648114,010221,020
    Married Couple8,64478,593160,478
    Other Family3,29527,33354,275
    Married w/Child3,90033,37068,323
    Single Male w/Child3053,3856,260
    Single Female w/Child9738,84017,266

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 5428 North Campbell Avenue in Chicago?
    The asking price for 5428 North Campbell Avenue is $2,800,000
    What is the building size of this Multifamily property in Chicago, IL?
    The size of the building/unit at 5428 North Campbell Avenue in Chicago is 8,550 square feet
    What is the population within 1 mile of 5428 North Campbell Avenue in Chicago?
    The population within 1 mile of 5428 North Campbell Avenue Chicago, IL 60625 is 53,240 people.
    Who do I contact for questions about 5428 North Campbell Avenue?
    You should contact the listing agent, Rick Ofman, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago O'Hare International Airport (ORD) 11
    Chicago Midway International Airport (MDW) 14
    General Mitchell International Airport (MKE) 68
    Price
    $2,800,000
    Listing Agent
    More listings from Rick Ofman
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