Address
3131-3137 N Central Avenue, Chicago, IL
Price
$ 485,000
Property Attributes
  • MLS#12027763
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Belmont Cragin
  • NeighborhoodBelmont Cragin
  • Zip60634
  • StyleCommercial
  • Year Built1950
  • Taxes$ 16858
  • Price$ 485,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3750
  • Lot Size6,300 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Great investment store front building in the heart of Belmont-Central area. The building is zoned B3-2 and consists of three individual stores (approx 1250 SF each) within two parcels totalling approximately 3750 SF of building space on a 50x126 lot. 3131 is rented through September 2025 and 3135 & 3137 are leased through December 2028 with interest in future renewals. Please allow 48 hour notice for listing agent to accompany showings.

Price History
4/12/2024 Listed $485,000

General Features

Cooling Central Air
Utilities Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal
Possession Closing
Roof Rubber
Zoning COMMR
Construction Materials Brick
Year Built 1950
Electric Circuit Breakers
Tenant Pays Air Conditioning,Electricity,Heat,Insurance
Stories 1
Township Jefferson
Property SubType Strip Center
Tax Year 2022
Current Use Commercial
County Cook
Net Operating Income 32302
Insurance Expense 2200
Property Type Commercial Sale
Status Active
Directions Central Ave just S of Belmont Ave on the E side of street
City Chicago
Total Units 3
MLS Area CHI - Belmont Cragin
Lot Size Square Feet 6300
Street Name Central
Tax Annual Amount 16858
Water Sewer Expense 2400
Additional Parcels Y/N Yes
Leasable Area 3750
Days on Market 6
Lease Type Gross
Standard Status Active
Property Type Retail/Stores

Interior Features

Street Suffix Avenue

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 3750
Lot Dimensions 50X126`
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 Commercial Average in 60634

Price
AVG $570K
$490K
Taxes
AVG $18,821
$16,858
Visits
AVG 237
56
Data Provided by Inside Real Estate®
Year Built
AVG 1953
1950

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