Address
5222 W Belmont Avenue, Chicago, IL
Price
$ 550,000
Property Attributes
  • MLS#12007753
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Portage Park
  • NeighborhoodPortage Park
  • Zip60641
  • Style
  • Year Built1954
  • Taxes$ 11775
  • Price$ 550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5388
  • Lot Size0.173554 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

This all-brick mixed-use building in Portage Park/Belmont Craigin includes a vacant fenced-in adjacent lot and is in great condition. The second floor consists of two, 2 bed 1 bath apartments well maintained, each with separate utilities, and private front and back entrances with a balcony. The main floor features a front office, with one private office and a large warehouse in the back. Also, on the first floor is a half bath, freezer, and double doors that open into the side fenced yard. A full unfinished basement with an additional freezer and a two-car garage off the alley complete the package. First two floors are over 5800 square feet, 2 separate pins each lot is 30x126 making this 60-foot frontage on bustling Belmont Ave. The building is in excellent condition but this is an estate sale and is offered in AS IS condition. Two pins exist 13213300310000/1321330030000

Price History
4/11/2024 Listed $575,000
4/11/2024 5% - $550,000

General Features

Cooling Central Air
Zoning COMMR
Year Built 1954
Electric Circuit Breakers
Tenant Pays Air Conditioning,Electricity,Heat
Stories 2
Township North Chicago
Property SubType Mixed Use
Tax Year 2022
Gross Income 16800
County Cook
Insurance Expense 2300
Property Type Commercial Sale
Contingency Attorney/Inspection
Status Contingent
Directions Cicero south to Belmont west to building
City Chicago
Total Units 3
MLS Area CHI - Portage Park
Lot Size Square Feet 7560
Street Name Belmont
Tax Annual Amount 11775
Electric Expense 1200
Fuel Expense 1200
Trash Expense 120
Water Sewer Expense 1100
Additional Parcels Y/N Yes
Days on Market 19
Standard Status Active Under Contract
Property Type Mixed Use

Interior Features

Street Suffix Avenue

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 5388
Lot Dimensions 60X126
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 Contingent Average in 60641

Price
AVG $510K
$550K
Taxes
AVG $7,458
$11,775
Visits
AVG 154
162
Data Provided by Inside Real Estate®
Year Built
AVG 1937
1954

Areas We Cover