Sold

2858 W Belmont Avenue

Chicago IL, 60618

$3,167,500


$310.54 per sqft

Sold

10,200 sqft

Commercial

Built in 2019

Courtesy of S Hansen Realty Inc.

This proportion is a unique newer construction property in the heart of "up-and-coming" Avondale. This 2018/2019 property boasts 6 beautiful large units with 6 parking spots. There are 2x 3-bedroom 2-bath duplex up with private balconies on the rooftop and balcony off the bedroom, 2x 3-bedroom 2-bath units on the second floor with private balconies off the back, and 2x 4-Bedroom 3-bath duplex down with balconies off the back as well as extra storage. Each unit consists of 12-foot ceilings, condo-quality finishes at every level, attention to detail for maximizing storage space, private balconies, larger than average bedroom sizes, and open floor plans, everything tenants are looking for in new construction units. Units rent quickly and show extremely well. There are 4 garage parking spots with 2 private pads in the back. 4 of the 6 will expire in late 2023. Tenants are a 3-minute drive from I-90 with easy access North & South. They are one block away from Elston to head to and from the city. Street parking is free on side streets. Avondale is known for having that suburban feel but still being in the city. This is a great opportunity to own a larger-sized property and perfect for a new investor, out-of-state 1031 exchange buyer, or suburban investor breaking into the city.

11391500

MLS ID

May 2, 2022

Listed

March 28, 2024

Updated

Map

2858 W Belmont Avenue
Chicago IL, 60618

Interior Features

Total Stories

3


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres

Other Property Details

Area Name

CHI - Avondale


Taxes

$41,386


Tax Frequency

Annually


Days on Market

153


Garage

No


View

No


County

Cook


Pool

No


Buyer Agency Compensation

1.25%

Courtesy of S Hansen Realty Inc., Oliver Stone,
Listing Contact: 312-547-9704 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Armando Chacon Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 3/28/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:03 AM UTC, 3/28/2024

 

 

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