3614 W Belmont Avenue Chicago, IL ^$ 499,000

3614 W Belmont Avenue

^$ 499,000

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3614 W Belmont Avenue

Chicago, IL, 60618

^$ 499,000

Studio Baths0.0

Monthly Estimate*

^$ 3,486

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Studio

Commercial Property for sale in Chicago, IL

for $499,000. This building was built in 1901 on a lot size of 0.07461.

Mixed use building features 3 apartments which are 2 bed/1 bath each with central heat and freshly renovated storefront. Property has large 2.5 car garage, courtyard space and a huge vacant attic space. Storefront space is vacant and ready to go. 3 apartments and garage are producing rent to make this a great opportunity for an owner investor! Hot Avondale location right next to Belmont Ave bus stops and only a couple of blocks away from the Kimball Ave Blue Line Station and near expressway as well. This great opportunity won't last!

Commercial Contingent

Price

^$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,643

Style

Lot Size

0.07461

Year Built

1901

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11998308

Features

General

Cooling Central Air Partial

Construction Materials Wood Frame

Year Built 1901

Electric Circuit Breakers

Tenant Pays Electricity Heat

Stories 3

Property SubType Mixed Use

Tax Year 2022

Gross Income 54600

County Cook

Insurance Expense 4500

Property Type Commercial Sale Mixed Use

Contingency Attorney/Inspection

Status Contingent

Directions West on Belmont past Central Park Ave to address on N side of Belmont.

City Chicago

Total Units 4

MLS Area CHI - Avondale

Lot Size Square Feet 3250

Street Name Belmont

Tax Annual Amount 8643

Electric Expense 250

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 1553

Additional Parcels Y/N N

Days on Market 51

Standard Status Active Under Contract

Exterior

Lot Dimensions 25X130

Exterior Vinyl Siding

Interior

Street Suffix Avenue

* Excluded Features

List By

Rsr Management Inc

Broker

rob@rsrmgt.com

Affordability Calculator

$4,206

Per Month

Monthly Principal & Interest: $3,486
Monthly Property Taxes: $720
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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 ^$844,520

Percent of Sale Price 69%

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
3/7/2024	$499,000		Listed Price

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3614 W Belmont Avenue, Chicago, IL, 60618 is a Commercial Property for sale at $499,000 with a lot size of 0.07461. 3614 W Belmont Avenue is a studio with 0.0 baths and was built in 1901. 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 7.49% 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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/15/2024.

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3614 W Belmont Avenue

Commercial Property for sale in Chicago, IL

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