5230 W Belmont Avenue Chicago, IL ^$ 559,000

5230 W Belmont Avenue

^$ 559,000

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5230 W Belmont Avenue

Chicago, IL, 60641

^$ 559,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 3,487

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Commercial Property for sale in Chicago, IL

for $559,000. This building was built in 1957 on a lot size of 0.086088.

Say hello to this cash cow!! It's an Investment Opportunity for a fully occupied 3 Unit Mixed Use Building on Chicago's Northwest Side! The building offers a front commercial office/retail space with its own central air. There are two units that boast 2 bedrooms and 1 bath. Newer roof and HVAC. All units have separate HVAC, gas and electric meters. Tenants pay their own gas and electric. Parking garage in the rear. All units are occupied and self managed by ownership. pride of ownership truly shows here!, Low maintenance building with a steady cash flow. Don't miss out on this extraordinary investment opportunity - call today to schedule a private tour and claim your place in this thriving community.

Commercial Pending

Price

^$ 559,000

Property Type

Commercial

Taxes

^$ 6,590

Style

Lot Size

0.086088

Year Built

1957

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12513995

Features

General

Cooling Central Air

Possession Closing

Roof Rubber

Zoning OTHER

Construction Materials Brick

Year Built 1957

Electric Circuit Breakers

Stories Count 2

Property Subtype Mixed Use

Tax Year 2023

Gross Income 4800

County Cook

Insurance Expense 2356

Property Type Commercial Sale Mixed Use

Status Pending

Directions Belmont Ave One Half Block west of Laramie

City Chicago

Number Of Units Total 3

MLS Area CHI - Portage Park

Lot Size Square Feet 3750

Tax Annual Amount 6590

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Pending

Exterior

Lot Dimensions 30x125

* Excluded Features

List By

Charles Rutenberg Realty Of Il

Broker

hayderkhalifa@yahoo.com

Affordability Calculator

$4,037

Per Month

Monthly Principal & Interest: $3,487
Monthly Property Taxes: $549
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 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 ^$987,651

Percent of Sale Price 77%

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
11/8/2025	$559,000		Listed Price

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5230 W Belmont Avenue, Chicago, IL, 60641 is a Commercial Property for sale at $559,000 with a lot size of 0.086088. 5230 W Belmont Avenue was built in 1957. The property's zip code is 60641 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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/7/2025.

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5230 W Belmont Avenue

Commercial Property for sale in Chicago, IL

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