Chicago, IL 60657,1722 W Belmont Avenue
Chicago, IL 60657,1722 W Belmont Avenue
Chicago, IL 60657,1722 W Belmont Avenue
Chicago, IL 60657,1722 W Belmont Avenue
Chicago, IL 60657,1722 W Belmont Avenue
Chicago, IL 60657,1722 W Belmont Avenue
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$ 2,250,000
Est. payment | /mo

6,200 SqFt


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$ 2,250,000
Est. payment | /mo
Save

6,200 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 6,200 sqft

Price per Sqft $362

MLS Listing ID 12289009

Year Built 2015

Annual Tax Amount $26,042

Tax Year 2023

Lot Dimensions 25X126

Property Sub-Type Mixed Use

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

Listed by Pasquale Recchia • @properties Christie's International Real Estate
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1700 W Higgins Rd, Plaines, IL,, 60018

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1722 W Belmont Avenue