$ 2,350,000
1722 W Belmont Avenue Chicago, IL 60657
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$ 2,350,000
Est. payment /mo
Active
1722 W Belmont Avenue Chicago, IL 60657
6,200 SqFt
UPDATED:
11/20/2024 05:08 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,200 sqft
Price per Sqft $379
MLS Listing ID 12207739
Year Built 2015
Annual Tax Amount $26,042
Tax Year 2023
Lot Dimensions 25X126
Property Description
Presenting a fully leased, high-end multifamily building, offering turnkey investment potential. This newly constructed property features four occupied units: three identical residential units (3 bedrooms, 2 baths each) and a ground-floor retail space, collectively generating a total annual income of 199,200. Residential units feature a living room, dining room, chef's kitchen with custom cabinets, granite counters, cook top stove, built-in oven and microwave and dishwasher. All high-end stainless appliances. Three large bedrooms including a primary bedroom with stone primary bath with double bowl vanity sink, soaking air jet tub, separate shower and heated floors. The primary bedroom has large walk-in organized closets. Bedroom two and three both include organized closets. The second bathroom featured a stone bath. Hardwood floors throughout. Custom lighting and window treatments. In-unit washer and dryer. Individual controlled HVAC. High efficient tankless hot water heaters in each unit. Each unit has a front terrace and a rear deck. The top floor unit includes the roof deck buildout with composite deck, gas hook up, water hook up and skyline views. Each residential unit includes parking for two tandem cars in a gated and covered parking pad. Perfect location close to Whole foods, Paulina Brown Line and so much more. Easy building to manage and keep as a rental. All unit utilities paid for by tenants. Rental amounts are as listed: retail unit 2,900, unit 2 is 4,300, units 3 is 4,500 and unit 4 is 4,900. A member of the LLC holds an IL real estate license. The listing broker is not a member of the LLC.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Central Air, Central Individual
Fireplaces Number 3
Fireplace Y
Exterior
View Y/N true
Building
Structure Type Brick,Block
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Pasquale Recchia • @properties Christie's International Real Estate