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Duplex-Down Residential Income Property

2709 N Campbell Avenue Unit 1, Chicago, IL 60647

For Sale
$699,900

A two-level, four-bedroom residence features an open main living area and a private patio with its own entrance.

Property Size2,400 SF
Price / SF$291.63
Days on Market62

Property Features for 2709 N Campbell Avenue Unit 1

General Information

Standard status Active
Size 2,400 SF
Property subtype Condo-Duplex

Site & Location

Neighborhood Logan Square
Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x 4BR/3BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $8,754

Amenities

private outdoor patio
Viking appliances

Building Details

Building Size 2,400 SF
Year Built 2006
Listing Agency: eXp Realty
Listed By: Anthony Florentino · License IL #471015396
Source: Joy-residential
Added: Sep 14 Changed: Nov 8 Last Checked: Nov 13 at 6:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

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Investment Insights

Based on property information with market context.

Built in 2006, this 2,400-square-foot duplex-down residence has four bedrooms and three full bathrooms. Two bedrooms and two baths occupy the main floor, alongside an open living, dining, and kitchen area with Viking appliances. The lower level contains two more bedrooms, a full bath, and flexible room for additional living or work space. Hardwood floors have been recently refinished, and a private patio is accessible through a separate entrance.

The property is in Chicago’s Logan Square, near shopping, restaurants, a movie theater, Lane Tech, DePaul College Prep, public transportation, and the I-90/94 expressway. Bucktown, Avondale, and Lakeview are also described as minutes away.

Key Highlights

  • 2,400‑square‑foot duplex‑down residence built in 2006
  • Four bedrooms and three full bathrooms across two levels
  • Main floor includes two bedrooms, two full baths, and an open living, dining, and kitchen area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,790
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$735,800 $735.8K
Cap Rate 7%
$525,571 $525.6K
Cap Rate 9%
$408,778 $408.8K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$70.6K $29.40/SF
− Vacancy
−$3.7K −$1.53/SF
EGI
$66.9K $27.87/SF
− OpEx
−$30.1K −$12.54/SF
NOI
$36.8K $15.33/SF
Area
Chicago, IL
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$735,800
Cap Rate 7%
$525,571
Cap Rate 9%
$408,778

Alternative Uses

Best Use
Apartment 5plus
$525.6K
$459.9K – $613.2K (±1% cap)
NOI $36,790 @ 7.0% cap · market cap 5.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$990.2K – $1.32M (±1% cap)
NOI $79,212 @ 7.0% cap · market cap 11.32%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,546
Businesses Nearby

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Residential income properties in Chicago

Jul
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Frequently Asked Questions

What type of property is this?
Residential income property - A two-level, four-bedroom residence features an open main living area and a private patio with its own entrance.
Where is this residential income property located?
The property is located at 2709 N Campbell Avenue Unit 1 Chicago, IL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 2,400‑square‑foot duplex‑down residence built in 2006; Four bedrooms and three full bathrooms across two levels; Main floor includes two bedrooms, two full baths, and an open living, dining, and kitchen area
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