545 West Belden Avenue

Chicago, IL 60614

$1,500,000
Price
6
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rare investment opportunity in the heart of East Lincoln Park! This charming 4-unit multi-family building, nestled on the corner of Belden and a picturesque cobblestone alley, boasts an abundance of natural light, a prime location, and endless potential. The property features a charming and spacious 3-bedroom, 2-bathroom unit with a bedroom-level in-unit washer dryer, along with three additional 1-bedroom, 1-bathroom units. The front building showcases a duplex-up with soaring ceilings and windows,...Rare investment opportunity in the heart of East Lincoln Park! This charming 4-unit multi-family building, nestled on the corner of Belden and a picturesque cobblestone alley, boasts an abundance of natural light, a prime location, and endless potential. The property features a charming and spacious 3-bedroom, 2-bathroom unit with a bedroom-level in-unit washer dryer, along with three additional 1-bedroom, 1-bathroom units. The front building showcases a duplex-up with soaring ceilings and windows, separate elegant living and dining rooms, a bath on each level, grand staircase, crystal chandeliers, and all 3 bedrooms on the upper floor. In the front is also the English garden 1-bed, 1-bath unit, with built-in book cases in the living room and bedroom along with a bedroom walk-in closet. The coach house offers two 1-bed, 1-bath apartments with open floor plans that allow for living, dining, and work spaces along with a spacious bedroom and walk-in closets. All units have private entrances. Laundry facilities for the 1-bedrooms are located in the front building. Situated on a tree-lined street in a historically designated district, the property is one block from Lincoln Elementary, three blocks from Francis W. Parker School, three blocks from iconic OZ Park, four blocks from DePaul University and five blocks from the Lincoln Park Zoo entrance. Midway between Lincoln Ave and Clark Street with all their diverse restaurants, shops, stores and excellent public transportation, the location embodies the epitome of urban neighborhood living at its finest. Whether you're seeking an investment opportunity with value-add potential, living in one unit and renting the others, or envisioning the transformation of this property into a stunning single-family home, the possibilities are endless.

Listing Agent

  1. Sharon Rizzo

    Sharon Rizzo

    Listing Agent

    Compass

Property Details for 545 West Belden Avenue

Area
CHI - Lincoln Park

Location

Add your commute
LISTING UPDATED: 04/28/2024 08:56 PM

Property Details for 545 West Belden Avenue

StatusActive ( Private )
MLS #12031024
Days on Market-
Taxes$19,166 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units
Year Built1881
Lot Size0.06 AC / 2,808 SF
CountyCook County

Location

Add your commute

Building Information for 545 West Belden Avenue

Stories-Residences-Year Built1881Building Size-Lot Size0.06 AC / 2,808 SF

Payment Calculator

$9,783 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$1,597

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 545 West Belden Avenue

Summary
Location and General Information
  • North Coordinate: 2300
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 545
  • Street Number Numeric: 545
  • Directions: Fullerton to Geneva Terrance. South to Belden. Left (east) to 545.
  • State Or Province: IL
  • County Or Parish: Cook
  • Zip Code: 60614
  • Township: North Chicago
Taxes and HOA Information
  • Taxes: $19,166.00
  • Tax Year: 2022
  • Parcel Number: 14331110090000
School Information
  • Elementary School District: 299
  • Middle Or Junior School District: 299
  • High School: Lincoln Park High School
  • High School District: 299
Parking
  • Parking Type: None
  • Parking Included in Price: No
  • Parking Spaces Total: 0
Virtual Tour
  • Virtual Tour: None
Property
Lot Information
  • Lot Description: Corner Lot, Fenced Yard
  • Lot Size Dimensions: 24X117
  • Additional Parcels: No
  • 3 Br Un In Bldg: Yes
  • Lot Size Source: County Records
  • Lot Size: Less Than .25 Acre
Property and Assessments
  • Property Type: Two to Four Units
  • Type-Multi: Coach House,Other
  • Year Built: 1881
  • Age: 100+ Years
  • New Construction YN: No
  • Built Before 1978: Yes
  • Corporate Limits: Chicago
  • Possession: Tenant's Rights
  • Property Type: Residential Income
  • OpenHouse Count: 0
Utilities
  • Sewer: Public Sewer
  • Water: Public
Interior and Exterior Features
Exterior Features
  • Exterior Building Type: Brick
  • Exterior Property Features: Brick Paver Patio
  • Roof: Flat
  • Other Structures: Storage
Interior Features
  • Num of Baths: 5
  • Basement Description: None
  • Heat/Fuel: Natural Gas, Forced Air, Indv Controls
  • # Full Baths in Building: 5
  • # Half Baths in Building: 0
  • Basement: None
  • Bedrooms Possible: 6
  • Basement Bathrooms: No
  • Bedrooms (Below Grade): 0
  • Other Equipment: CO Detectors, Multiple Water Heaters
  • Rooms Total: 17
  • Beds Total: 6
Multi Family
Multi Family Information
  • Total # Units in Building: 4
Income & Expenses
  • Holds Earnest Money: Yes

Property History for 545 West Belden Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 545 West Belden Avenue

Taxable ValueLand$35,437Additions$57,743Total$93,180
Tax Record2022$19,165 ($1,597 / month)
Home Facts
Baths2.5Total Finished SqFt2,052 SqFtAbove Grade Finished SqFt2,052 SqFtStories2Lot Size2,835 SqFtStyleMulti-Family Res (5+ Units)Year Built1883CountyCOOKAPN14-33-111-009

Schools near 545 West Belden Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - PK to 8
Public - K to 8
Rating
School
Distance
Lincoln Elementary School
PublicK to 8

Lincoln Park High School
Public9 to 12

Lasalle Elementary Language Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 04/28/2024 08:56 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.