2955 W Belmont Avenue Chicago, IL ^$ 1,375,000

2955 W Belmont Avenue

^$ 1,375,000

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2955 W Belmont Avenue

Chicago, IL, 60618

^$ 1,375,000

Studio Baths0.0 Sq 7,200

Monthly Estimate*

^$ 9,139

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Studio

Commercial Property for sale in Chicago, IL

for $1,375,000. This 7,200 square foot building was built in 1891 on a lot size of 0.21079.

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. Motivated sellers.

Commercial Active

Price

^$ 1,375,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 19,272

Style

Lot Size

0.21079

Year Built

1891

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12034769

Features

General

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 Mixed Use

Status Active

Directions Belmont Avenue to Sacramento building located on the south east side corner of the intersection.

City Chicago

NumberOfUnitsTotal 6

MLS Area CHI - Avondale

Lot Size Square Feet 9182

Street Name Belmont

Tax Annual Amount 19272

Electric Expense 312

Fuel Expense 717

Trash Expense 0

Water Sewer Expense 1552

Additional Parcels Y/N Y

Days on Market 44

Standard Status Active

Exterior

Building Area Total 7200

Lot Dimensions 72.99 X 125.8

Exterior Vinyl Siding Brick Cedar Frame

Interior

Street Suffix Avenue

* Excluded Features

List By

Windsor Real Estate Services, Inc.

Broker

windsorre@att.net

Affordability Calculator

$10,745

Per Month

Monthly Principal & Interest: $9,139
Monthly Property Taxes: $1,606
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$848,562

Percent of Sale Price 38%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/20/2024	$1,375,000		Listed Price

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2955 W Belmont Avenue, Chicago, IL, 60618 is a Commercial Property for sale at $1,375,000 with 7,200 sqft and a lot size of 0.21079. 2955 W Belmont Avenue is a studio with 0.0 baths and was built in 1891. The property's zip code is 60618 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/5/2024.

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2955 W Belmont Avenue

Commercial Property for sale in Chicago, IL

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