1722 West Belmont Avenue
$2,350,000
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New Construction
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...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.
- Listed by Pasquale Recchia • @properties Christie's International Real Estate
Property Details for 1722 West Belmont Avenue
Area
CHI - Lake View
TownshipLake View
Num of Interior Fireplaces3
ZoningMULTI
LISTING UPDATED: 11/20/2024 11:08 AM
Property Details for 1722 West Belmont Avenue
Status | Active |
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MLS # | 12207739 |
Days on Market | 47 |
Taxes | $26,043 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 2014 |
Lot Size | 0.08 AC / 3,276 SF |
County | Cook County |
Building
Building Information for 1722 West Belmont Avenue
Stories3Residences4Year Built2014Lot Size0.08 AC / 3,276 SF
Property Information for 1722 West Belmont Avenue
Property History for 1722 West Belmont Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1722 West Belmont Avenue
Taxable ValueLand$37,500Additions$82,500Total$120,000
Tax Record2022$25,373 ($2,114 / month)
Home Facts
Baths7Total Finished SqFt4,885 SqFtAbove Grade Finished SqFt4,885 SqFtStories3Lot Size3,000 SqFtStyleMulti-Family Res (5+ Units)Year Built2016CountyCOOKAPN14-19-434-031
Schools near 1722 West Belmont Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | K to 8 |
Rating | School | Distance |
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Burley Elementary School PublicK to 8 | ||
Lake View High School Public9 to 12 | ||
Alcott College Prep Public9 to 12 | ||
Hawthorne Elementary Scholastic 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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