5601 W Belmont AVE, Chicago, IL 60634
5601 W Belmont AVE, Chicago, IL 60634
5601 W Belmont AVE, Chicago, IL 60634
5601 W Belmont AVE, Chicago, IL 60634
5601 W Belmont AVE, Chicago, IL 60634
5601 W Belmont AVE, Chicago, IL 60634
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$2,400,000

$2,699,000

11.1%
Est.Price: ?

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Est. payment /mo

19,075 SqFt


SOLD DATE : 08/13/2019

Key Details

Sold Price $2,400,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 19,075 sqft

Price per Sqft $125

MLS Listing ID 10371672

Sold Date 08/13/19

Year Built 1943

Annual Tax Amount $67,416

Tax Year 2017

Lot Dimensions 13745

Property Sub-Type Mixed Use

Property Description

Large Brick 14-unit mixed-use building located at the lighted intersection of Belmont & Central. Second floor apartments have been completely renovated with full permits to condo quality and feature favorable floor plans with a great mix of 3 Beds/2 Baths, 2 Beds/2 Baths and 2 Beds/1 Bath units. Renovations include but are not limited to all new windows, plumbing & electrical. Long term retail tenants paying below market rental rates along with two (2) small vacancies (with master lease income) for additional future value and parking in the rear. Excellent street exposure.

Location

State IL

County Cook

Area Chi - Belmont Cragin

Zoning COMMR

Interior

Cooling Central Air, Central Individual

Fireplace N

Building

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Angelo Labriola of  Sperry Van Ness 
Bought with Angelo Labriola of Sperry Van Ness
David Miller

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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