5222 Belmont Ave, Chicago, IL 60641
3 Unit Apartment Building | $525,000 ($175,000/Unit) | 4.19% Cap Rate | Chicago, IL 60641
For Sale
Active
12 pictures
Asking Price $525,000
- Property Type
-
Multifamily
- Square Feet
- 5,388 SF
Listing Contacts
AJ Fallico
- Property Info
Property Overview
This all-brick mixed-use building in Portage Park/Belmont Craigin includes a vacant fenced-in adjacent lot and is in great condition. The second floor consists of two, 2 bed 1 bath apartments well maintained, each with separate utilities, and private front and back entrances with a balcony. The main floor features a front office, with one private office and a large warehouse in the back. Also, on the first floor is a half bath, freezer, and double doors that open into the side fenced yard. A full unfinished basement with an additional freezer and a two-car garage off the alley complete the package. First two floors are over 5800 square feet, 2 separate pins each lot is 30x126 making this 60-foot frontage on bustling Belmont Ave. The building is in excellent condition but this is an estate sale and is offered in AS IS condition. Two pins exist 13213300310000/1321330030000
Property Details
- Class
- B
- Year Built
- 1954
- Stories
- 2
- Property Subtype
- Storefront Retail/Residential, Office/Residential
- Lot Size (sq. ft)
- 3,920 SF
- Units
- 3
Highlights
- Mixed Use Building 2 Apartments and large office/warehouse
- Possible retail 1st floor
- Vacant paved and fenced attached lot for parking or expansion
- Basement and Garage of Alley
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