New Construction
Address
2120 W BELMONT Avenue, Chicago, IL
Price
$ 2,999,000
Property Attributes
- MLS#11998938
- TypeMulti-Family
- CountyCOOK
- CityChicago
- AreaCHI - North Center
- NeighborhoodRoscoe Village
- Zip60618
- StyleMulti-Family
- Year Built1903
- Taxes$ 20507
- Price$ 2,999,000
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6528
- Lot Size3,125 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
New construction investment! Perfect to buy and hold this cash flowing property with no work needed. Rents are great- listed at a 6% cap rate. Solid commercial tenant on the first floor Glow with long term lease in place. 6 units, 5 residential and one commercial, 2-3 parking spaces. Mix of 2 bed/2 bath and 3 bed/2 bath apartments. All have central AC, laundry in unit, walk in closets, king size bedrooms. High end modern finishes throughout. Full unfinished basement with room to expand.
| Price History | |
|---|---|
| 4/2/2024 | Listed $2,999,000 |
General Features
| Cooling | Central Air |
|---|---|
| Utilities | Sanitary Sewer,Water to Site |
| Roof | Membrane |
| Zoning | MULTI |
| Construction Materials | Brick |
| Year Built | 1903 |
| Electric | Circuit Breakers,Separate Meters |
| Tenant Pays | Electricity,Heat |
| Stories | 3 |
| Township | North Chicago |
| Tax Year | 2022 |
| Current Use | Multi-Family |
| Gross Income | 196608 |
| County | Cook |
| Net Operating Income | 185761 |
| Operating Expense | 8500 |
| Insurance Expense | 3500 |
| Property Type | Commercial Sale |
| MaintenanceExpense | 800 |
| Possible Use | Commercial,Condominium,Multi-Family,Retail |
| Status | Active |
| Directions | 2100 W BELMONT AVE/ 3200 N DAMEN |
| City | Chicago |
| Total Units | 6 |
| MLS Area | CHI - North Center |
| Lot Size Square Feet | 3125 |
| Street Name | BELMONT |
| Tax Annual Amount | 20507 |
| Electric Expense | 1358 |
| Fuel Expense | 1183 |
| Trash Expense | 2744 |
| Water Sewer Expense | 2114 |
| Additional Parcels Y/N | No |
| Virtual Tour | https://content.vht.com/video/fmv/434376851/matterport_intro/preview_d2816149-c544-4465-824e-564083850a66.mp4 |
| Days on Market | 28 |
| Standard Status | Active |
| Property Type | Multi Family 5+ |
Interior Features
| Street Suffix | Avenue |
|---|---|
| Basement | Unfinished |
Exterior Features
| Foundation Details | Stone |
|---|---|
| Building Area Total | 6528 |
| Lot Dimensions | 25 X 125 |
| Frontage Type | City Street |
| Exterior | Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60618
Price
Taxes
Visits
Year Built
