Address
2955 W Belmont Avenue, Chicago, IL
Price
$ 1,375,000
Property Attributes
  • MLS#12034769
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Avondale
  • NeighborhoodAvondale
  • Zip60618
  • Style
  • Year Built1891
  • Taxes$ 19272
  • Price$ 1,375,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7200
  • Lot Size9,182 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Fantastic location in the Avondale neighborhood. Three lots 73 X 125 New apartments and condo projects all over this great area. Six units total here, two one bedroom units. One 3 bedroom unit. The apartments have washer and dryer in the units. One tobacco store. One church, and one vacant bar with a basement. Rent collected from everything except the bar and one, one bedroom apartment. None of the garages are rented. All leases are month to month. Buildings have been updated over the years, the bar and the apartment building had tear roof replacements several years ago. The garage behind the bar is about 5 years old. Close to all transportation shopping and entertainment. Could also be a great live work space with income.

Price History
4/20/2024 Listed $1,375,000

General Features

Cooling Window Unit(s)
Construction Materials Brick,Wood Frame
Year Built 1891
Electric Circuit Breakers
Tenant Pays Electricity,Heat
Stories 2
Township West Chicago
Property SubType Mixed Use
Tax Year 2022
Gross Income 53100
County Cook
Insurance Expense 9100
Property Type Commercial Sale
Status Active
Directions Belmont Avenue to Sacramento,building located on the south east side corner of the intersection.
City Chicago
Total Units 6
MLS Area CHI - Avondale
Lot Size Square Feet 9182
Street Name Belmont
Tax Annual Amount 19272
Electric Expense 312
Fuel Expense 717
Water Sewer Expense 1552
Additional Parcels Y/N Yes
Days on Market 7
Standard Status Active
Property Type Mixed Use

Interior Features

Street Suffix Avenue

Exterior Features

Building Area Total 7200
Lot Dimensions 72.99 X 125.8
Exterior Vinyl Siding,Brick,Cedar,Frame

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 60618

Price
AVG $410K
$1.38M
Taxes
AVG $14,649
$19,272
Visits
AVG 177
56
Data Provided by Inside Real Estate®
Year Built
AVG 1958
1891

Areas We Cover