2732 W Belmont Avenue Chicago, IL $ 1,500,000
2732 W Belmont Avenue
$ 1,500,000
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2732 W Belmont Avenue

Chicago, IL, 60618
$ 1,500,000
Bedrooms6 Baths2.0 Sq 2,200

Monthly Estimate*

$ 9,471

2732 W Belmont Avenue, Chicago, IL 60618 - Image 1
2732 W Belmont Avenue, Chicago, IL 60618 - Image 2

Multi-Family Home for sale in Chicago, IL

for $1,500,000 with 6 bedrooms and 2 full baths. This 2,200 square foot home was built in 1913.

Rare opportunity to own a unique mixed-use property offering exceptional income and redevelopment potential. Located in a prime Avondale location just east of the California/Elston intersection...this 75' x 120' triple lot has 75 feet of frontage along Belmont Avenue and contains a fully renovated all-brick 2-flat , a large brick carriage house/garage, and a private parking lot...The brick 2-flat was completely renovated in 2019 and features two spacious 3-bedroom, 1-bath apartments with large living rooms, bay windows, separate dining rooms, modern kitchens with granite countertops and SS appliances, updated bathrooms with walk-in showers, engineered wood flooring, in-unit laundry, central heat and AC, and private outdoor decks. A shared ground-level patio provides additional outdoor space. The full unfinished basement offers approximately 7.5-foot ceilings and provides excellent storage or future expansion potential...The approx. 1,800 SF all-brick carriage house/garage features impressive 16.5-foot ceilings and offers various possibilities under M1 zoning, including workshop, studio, storage, light industrial, showroom, or other creative commercial uses (buyer to verify permitted uses)....The expansive side parking lot (approximately 50' x 90') provides abundant parking or future development opportunities. An outstanding opportunity for investors seeking stable rental income or owner-users looking for a flexible property with significant upside in one of Chicago's most desirable neighborhoods.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,873

Style

Year Built

1913

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12696771

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air Sep Heating Systems - 2+ Indv Controls
Utilities Cable Available
Possession Closing
Roof Rubber
Construction Materials Brick
Year Built 1913
Township Jefferson
Tax Year 2024
Ownership Fee Simple
Gross Income 52800
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
Insurance Expense 1804
New Construction N
Property Type Residential Income Two to Four Units
Other Structures Barn(s) Garage(s) Carriage House
Total Rooms 12
Status New
Directions Western to Belmont west to 2732; or California/Elston to Belmont east to 2732.
High School Schurz High School
City Chicago
High School District 299
MLS Area CHI - Avondale
Elementary School Von Linne School
Tax Annual Amount 8873.26
Electric Expense 588
Fuel Expense 1502
Middle/Junior High School Von Linne School
Water Sewer Expense 943
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Exterior Entry Concrete Storage Space Full Daylight
Total Bedrooms 6
Total Baths 2
Bedrooms Possible 6
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Parking Lot Yes Owned
Water Source Public
Total Parking 12
Foundation Details Concrete Perimeter
Lot Dimensions 75X120
Waterfront Y/N N
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* Excluded Features
List By
Strauss Realty Ltd

Broker

craig@straussrealty.com

Email

Affordability Calculator

$10,211
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,471
Monthly Property Taxes
$739
Monthly 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
2340115 Elementary School
5102140 Middle School
Schurz High School High School
Pricing History
DatePricePrice ChangeDescription
7/6/2026$1,500,000 Listed Price

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2732 W Belmont Avenue, Chicago, IL, 60618 is a Multi-Family Home for sale at $1,500,000 with 2,200 sqft. 2732 W Belmont Avenue has 6 bedrooms, 2.0 baths, and was built in 1913. The property's zip code is 60618 which is in Chicago, IL