2732 W Belmont Ave - Multi-Family FOR SALE


Chicago, IL 60618- Avondale
$1,700,000 USD
773-495-3303
2732 W Belmont Ave, Chicago, IL for Sale
$1,700,000 USD
Multi-Family - FOR SALE
1/48
null | Request Cap Rate

2732 W Belmont Ave
Chicago, IL 60618
Avondale


HIGHLIGHTS

  • 75x120 Triple Lot w/75' of frontage on Belmont Ave in a premier Avondale location
  • Stabilized All Brick 2-Unit building updated to modern standards and fully renovated with contemporary condo quality finishes
  • Huge 1,800 sqft All Brick original carriage house/garage w/16.5' ceiling height offering extensive/creative use potential

OVERVIEW

Incredibly Rare opportunity to own this multifaceted one-of-a-kind property with unmatched potential and versatility offering a fully Stabilized All Brick 2-Unit building updated to modern standards and fully renovated with contemporary condo quality finishes + a Huge 1,800 sqft All Brick original carriage house/garage w/16.5' ceiling height offering extensive/creative use potential + an expansive private parking lot all on a 75x120 Triple Lot w/75' of frontage on Belmont Ave in a Premier Avondale location just east of the California/Elston intersection and just west of the River; Brick 2- flat fully renovated in 2019 featuring (2) full floor 3 bedroom / 1 bath units w/large living rooms w/bay windows &separate dining areas leading to contemporary white crowned shaker/granite/S/S kitchens w/plentiful cabinetry/storage, stone baths w/walk-in showers, generously sized bedrooms, pre-engineered wood floors throughout, in-unit laundry, central heat/A/C &private outdoor deck space + common ground floor patio; Full unfinished basement w/7.5' ceiling height offering additional unit/duplex buildout potential or keep as storage; Original carriage house/garage with extensive use (M1 zoning) potential including workshop, studio, retail, event or storage and huge 50x90 side lot fronting Belmont just waiting for your ideas; A rare opportunity for stabilized cash flow coupled with creative user/investor potential; Come Tour!

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$472 USD /SF

# OF UNITS

2

PRICE/UNIT

$850,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,000 SF

ZONING

M1-1

APN/PARCEL ID

13-24-406-033-0000

ASK ABOUT THIS PROPERTY

Cyrus SerajCompassMore Info
773-495-3303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Cyrus SerajCompassMore Info
773-495-3303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.