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901 W Belmont Avenue Chicago, IL $ 2,850,000
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$ 2,850,000 Get more info
901 W Belmont Avenue
$ 2,850,000
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Share Save

901 W Belmont Avenue

Chicago, IL, 60657
$ 2,850,000
Baths0.0

Monthly Estimate*

$ 17,780

901 W Belmont Avenue, Chicago, IL 60657 - Image 1
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Studio

Multi-Family Home for sale in Chicago, IL

for $2,850,000. This home was built in 1905 on a lot size of 0.12.

37.5'x148' Lot, Zoned B3-3, TOD, There are 2 Commercial spaces, 4 Studio apartments recently renovated and ready to rent and 4 more units(2- studios and 2- 1bedrooms) that are being gutted and converted to 2- 2bedroom apartments. Bldg Survey and Drawings available for the 2 bedroom renovations under "Additional Info" tab. The entire property is vacant.There is also an additional structure on the back half of the property that was previously rented as a 4 bed 2 bath duplex coach house but is currently not viable/legal to rent. The property has great potential given the location, size and zoning. There is a new 5 story, 46 unit project by Mavrek Development scheduled to break ground in May 2025 located just steps away at 925 W. Belmont.

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Multi-Family Active

Price

$ 2,850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 27,395

Style

Lot Size

0.12

Year Built

1905

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12344673
Features
General
Cooling Central Air
Zoning COMMR
Year Built 1905
Tenant Pays Varies by Tenant
Stories Count 3
Township Lake View
Tax Year 2023
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions Clark to Belmont east to property.
City Chicago
Number Of Units Total 8
MLS Area CHI - Lake View
Tax Annual Amount 27395
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 37.5 X 148
Lot Size Acres 0.12
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* Excluded Features
List By
Buckingham Property Management Inc

Broker

john@bpmlandlord.com

Email

Affordability Calculator

$20,063
Per Month
89%
11%
0%
Monthly Principal & Interest
$17,780
Monthly Property Taxes
$2,283
Monthly 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
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/28/2025$2,850,000 Listed Price

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901 W Belmont Avenue, Chicago, IL, 60657 is a Multi-Family Home for sale at $2,850,000 with a lot size of 0.12. 901 W Belmont Avenue is a studio with 0.0 baths and was built in 1905. The property's zip code is 60657 which is in Chicago, IL

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