3716 W BELMONT AVE new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60618
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,304 sqft
Price per Sqft $302
MLS Listing ID 12436480
Year Built 1914
Annual Tax Amount $8,301
Tax Year 2023
Property Sub-Type Mixed Use
Property Description
Prime Avondale investment opportunity! This 4-unit mixed-use building features two live/work units on the ground floor and two residential apartments above. With quality updates completed within the past 10 years, this property is ideal for long-term investors seeking strong, stable income. Offering a 6.67% cap rate, it's a perfect fit for a growing portfolio or 1031 exchange. Situated in the heart of Avondale-one of Chicago's fastest-rising neighborhoods and nationally ranked among the hottest in the country-this building benefits from high visibility, excellent transit access, and close proximity to local dining, retail, and major expressways. A rare opportunity in a high-demand corridor.
Location
State IL
County Cook
Area Chi - Avondale
Zoning MULTI
Interior
Cooling Central Air
Building
Dwelling Type Mixed Use
Structure Type Brick