6940 W Belmont Avenue Chicago, IL ^$ 419,999

6940 W Belmont Avenue

^$ 419,999

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6940 W Belmont Avenue

Chicago, IL, 60634

^$ 419,999

Bedrooms-- Baths-- Sq 2,812

Monthly Estimate*

^$ 2,620

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Commercial Property for sale in Chicago, IL

for $419,999. This 2,812 square foot building was built on a lot size of 0.114601.

A 2800 square foot community hall with full kitchen, storage, full size bar, men's room, ladies room, new roof 2023, new thermostat 2024, a/c repairs 2024, new floor and ceiling 2017, Furnace 2024, HWH 2009. This is SCHORSCH VILLAGE HALL located at 6938-40 BELMONT. This hall has been very well maintained by the community since 1957. The HALL RENTAL BOOK OF BUSINESS is included in the price asking 419k. ASKING 369k for the real estate. Call for more info regarding separating if land/building only is preferred; Contents are extra charge. Parking lot in rear for about 8 cars. Total land square footage is 4992. 37 x 135. Hall rental business makes about 100k annual with rentals only on Fri, Sat, Sun. ROOM TO GROW for new owner to make their own by offering more options. The booked business for 2025 comes with or buy the property and do another venture!

Commercial Contingent

Price

^$ 419,999

Property Type

Commercial

Taxes

^$ 8,900

Style

Lot Size

0.114601

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12276967

Features

General

Cooling Central Air

Utilities Electric to Site Natural Gas Available Sewer Connected

Possession Closing

Tenant Pays Electricity Heat Janitorial Service Taxes Insurance Repairs Scavenger Sewer

Stories Count 1

Tax Year 2023

Current Use Other

Business Type Other

County Cook

Operating Expense 56708

Property Type Business Opportunity Bus / Bus w/Real Est

Contingency Attorney/Inspection

Status Contingent

Directions Belmont east or west between Sayre and Oak Park ave. // Schorsch Village Hall.

City Chicago

MLS Area CHI - Dunning

Lot Size Square Feet 4992

Tax Annual Amount 8900

Additional Parcels Y/N N

Standard Status Active Under Contract

Exterior

Water Source Municipal Water

Building Area Total 2812

Lot Dimensions 37 X 135

* Excluded Features

List By

Coldwell Banker Realty

Broker

aekibler55@gmail.com

Affordability Calculator

$3,362

Per Month

Monthly Principal & Interest: $2,620
Monthly Property Taxes: $742
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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 ^$1,035,064

Percent of Sale Price 146%

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
5/21/2025	$419,999	-6.46%	Price Down
1/24/2025	$449,000		Listed Price

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6940 W Belmont Avenue, Chicago, IL, 60634 is a Commercial Property for sale at $419,999 with 2,812 sqft and a lot size of 0.114601. The property's zip code is 60634 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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 12/11/2025.

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6940 W Belmont Avenue

Commercial Property for sale in Chicago, IL

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