2732 W Belmont AVE, Chicago, IL 60618
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2732 W Belmont AVE, Chicago, IL 60618
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$ 1,500,000
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2732 W Belmont AVE Chicago, IL 60618

6 Beds

2 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12696771

Bedrooms 6

Year Built 1913

Annual Tax Amount $8,873

Tax Year 2024

Lot Dimensions 75X120

Property Sub-Type Two to Four Units

Property Description

Rare opportunity to own a unique mixed-use property offering exceptional income and redevelopment potential. Located in a prime Avondale location just east of the California/Elston intersection...this 75' x 120' triple lot has 75 feet of frontage along Belmont Avenue and contains a fully renovated all-brick 2-flat , a large brick carriage house/garage, and a private parking lot...The brick 2-flat was completely renovated in 2019 and features two spacious 3-bedroom, 1-bath apartments with large living rooms, bay windows, separate dining rooms, modern kitchens with granite countertops and SS appliances, updated bathrooms with walk-in showers, engineered wood flooring, in-unit laundry, central heat and AC, and private outdoor decks. A shared ground-level patio provides additional outdoor space. The full unfinished basement offers approximately 7.5-foot ceilings and provides excellent storage or future expansion potential...The approx. 1,800 SF all-brick carriage house/garage features impressive 16.5-foot ceilings and offers various possibilities under M1 zoning, including workshop, studio, storage, light industrial, showroom, or other creative commercial uses (buyer to verify permitted uses)....The expansive side parking lot (approximately 50' x 90') provides abundant parking or future development opportunities. An outstanding opportunity for investors seeking stable rental income or owner-users looking for a flexible property with significant upside in one of Chicago's most desirable neighborhoods.

Location

State IL

County Cook

Area Chi - Avondale

Rooms

Basement Unfinished, Exterior Entry, Concrete, Storage Space, Full, Daylight

Interior

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls

Fireplace N

Exterior

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Utilities Available Cable Available

Roof Type Rubber

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Von Linne School

Middle Schools Von Linne School

High Schools Schurz High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany


Midwest Real Estate Data (MRED) IDX
Listed by Craig Wolf of  Strauss Realty Ltd 

NEARBY SCHOOLS & PROPERTIES

Brent Wilk

Brent Wilk

Broker | License ID: 471012010

+1(312) 968-2358

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2732 W Belmont AVE