Chicago, IL 60625,5526 N Artesian AVE
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Chicago, IL 60625,5526 N Artesian AVE
Chicago, IL 60625,5526 N Artesian AVE
Chicago, IL 60625,5526 N Artesian AVE
Chicago, IL 60625,5526 N Artesian AVE
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$ 875,000
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Active Under Contract

5526 N Artesian AVE Chicago, IL 60625

9 Beds

8 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12523701

Bedrooms 9

Year Built 1926

Annual Tax Amount $13,135

Tax Year 2024

Lot Dimensions 33 x 125

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Chi - Lincoln Square

Zoning MULTI

Rooms

Basement Bath/Stubbed, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 3.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Jack Doyle of  Essex 312, LLC 
Eric Marcus

Eric Marcus

Broker

+1(773) 732-9898

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5526 N Artesian AVE