5031 W Belmont Avenue Chicago, IL ^$ 670,000

5031 W Belmont Avenue

^$ 670,000

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Recently Listed

5031 W Belmont Avenue

Chicago, IL, 60641

^$ 670,000

Bedrooms-- Baths-- Sq 4,300

Monthly Estimate*

^$ 4,230

5031 W Belmont Avenue, Chicago, IL 60641 - Image 1

5031 W Belmont Avenue, Chicago, IL 60641 - Image 2

5031 W Belmont Avenue, Chicago, IL 60641 - Image 3

5031 W Belmont Avenue, Chicago, IL 60641 - Image 4

5031 W Belmont Avenue, Chicago, IL 60641 - Image 5

Commercial Property for sale in Chicago, IL

for $670,000. This 4,300 square foot building was built on a lot size of 0.140611.

Excellent location in the Belmont-Cragin neighborhood. Successful, long established automotive-transmission repair shop. Move right in and start making money. Four automotive lifts and a compressor included. Additional parking in the rear. C-1 zoning allows for many other businesses.

Commercial Active

Price

^$ 670,000

Property Type

Commercial

Taxes

^$ 14,267

Style

Auto Service

Lot Size

0.140611

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12746208

Features

General

Cooling None

Utilities Electric to Site Natural Gas Available Sewer Connected

Possession Closing

Stories Count 1

Tax Year 2025

Business Type Auto Service

County Cook

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Status New

Directions Cicero Avenue to Belmont Avenue West to property on the South side of the street.

City Chicago

MLS Area CHI - Belmont Cragin

Lot Size Square Feet 6125

Tax Annual Amount 14267

Additional Parcels Y/N N

Standard Status Active

Exterior

Water Source Municipal Water

Building Area Total 4300

Lot Dimensions 125

* Excluded Features

List By

Windsor Real Estate Service Inc

Broker

windsorre@att.net

Affordability Calculator

$5,419

Per Month

Monthly Principal & Interest: $4,230
Monthly Property Taxes: $1,189
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$986,313

Percent of Sale Price 47%

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
9/3/2026	$670,000		Listed Price

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5031 W Belmont Avenue, Chicago, IL, 60641 is a Commercial Property for sale at $670,000 with 4,300 sqft and a lot size of 0.140611. 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 6.49% 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 9/6/2026.

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5031 W Belmont Avenue

Commercial Property for sale in Chicago, IL

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