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5408-5410 N Campbell Ave 16 Unit Apartment Building $7,507,344 CAD ($469,209 CAD/Unit) 6.22% Cap Rate Chicago, IL 60625



Investment Highlights
- Building and all units renovated in 2025
- Building features 14 2bed/ 2bath units with 2 1bed units
- Desirable Lincoln Square location
- All units feature separate HVAC and in-unit washer/ dryers. Uniform finish to all units as well
- 800 AMP electrical service coming in to building
Executive Summary
5408–5414 N. Campbell was rehabbed in 2025 with all updated systems and thoughtfully repositioned into a clean, cohesive rental product tailored to today’s renter. Bright interiors, modern kitchens and baths, inunit laundry, and a consistent finish package give the building a polished, turnkey feel while preserving the character of a classic North Side walk-up. With the major work already completed, the opportunity is centered on durable in-place income and remaining upside through rent normalization.
Property Facts
| Price | $7,507,344 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $469,209 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Cap Rate | 6.22% | Building Size | 18,800 SF |
| Gross Rent Multiplier | 11.42 | Average Occupancy | 100% |
| No. Units | 16 | No. Stories | 4 |
| Property Type | Multifamily | Year Built/Renovated | 1928/2025 |
| Property Subtype | Apartment | ||
| Zoning | RT-4, Chicago - Residential Two-Flat, Townhouse and Multi-Unit District | ||
| Price | $7,507,344 CAD |
| Price Per Unit | $469,209 CAD |
| Sale Type | Investment |
| Cap Rate | 6.22% |
| Gross Rent Multiplier | 11.42 |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 18,800 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1928/2025 |
| Zoning | RT-4, Chicago - Residential Two-Flat, Townhouse and Multi-Unit District |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $2,408 CAD | 1,000 |
| 2+2 | 14 | $3,329 CAD | 1,200 |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 13-12-216-035-0000 | Improvements Assessment | $81,498 CAD |
| Land Assessment | $20,371 CAD | Total Assessment | $101,869 CAD |
Property Taxes
Parcel Number
13-12-216-035-0000
Land Assessment
$20,371 CAD
Improvements Assessment
$81,498 CAD
Total Assessment
$101,869 CAD
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5408-5410 N Campbell Ave
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