3110 West Belmont Avenue

Chicago, IL 60618

$3,195,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This beautifully maintained built in 2008 brick 8-unit mixed-use building is located in the vibrant Avondale neighborhood of Chicago, with easy access to the expressway and CTA Blue Line. The property includes six expansive, full-floor 3-bed/2-bath apartments, each about 2,000 SF, featuring high-end finishes like fireplaces, granite countertops, stainless steel appliances, and private balconies. Two retail spaces are leased to established medical tenants with long-term leases, providing stable income....This beautifully maintained built in 2008 brick 8-unit mixed-use building is located in the vibrant Avondale neighborhood of Chicago, with easy access to the expressway and CTA Blue Line. The property includes six expansive, full-floor 3-bed/2-bath apartments, each about 2,000 SF, featuring high-end finishes like fireplaces, granite countertops, stainless steel appliances, and private balconies. Two retail spaces are leased to established medical tenants with long-term leases, providing stable income. Fully occupied, the building offers opportunities to raise rents with many long term below market tenants and add rooftop decks with downtown skyline views. Additional amenities include indoor parking for six cars and an elevator. An excellent investment opportunity.
  1. Listed by Tyler Weekes • Cagan's Realty, Inc.

Property Details for 3110 West Belmont Avenue

Area
CHI - Avondale
Num of Interior Fireplaces
6
Zoning
MULTI
LISTING UPDATED: 11/05/2024 12:01 AM

Property Details for 3110 West Belmont Avenue

StatusActive
MLS #12183916
Days on Market99
Taxes$24,050 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built2008
Lot Size0.14 AC / 6,098 SF
CountyCook County

Building Information for 3110 West Belmont Avenue

Stories4Residences8Year Built2008Lot Size0.14 AC / 6,098 SF

Property Information for 3110 West Belmont Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 6-12 Spaces
Location and General Information
  • Geographic Locale: Chicago Northwest
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air, Central Individual
  • Electric: Separate Meters, Service - 101 to 200 Amps
  • Flooring: Wood
  • # Of Washers: 6
  • Heat/Ventilation: Central Heat/Indiv Controls
  • # Of Refrigerators: 6
  • Misc Inside: Elevator/s Freight
  • # Of Dryers: 6
  • # Of Dishwashers: 6
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 6
Property/Lot Information
  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance
  • Built Before 1978: No
  • Approximate Age: 16-25 Years
  • Lot Dimensions: 48X125
  • Lot Size Square Feet: 6098.0
  • Stories: 4
  • Exterior Building Type: Brick
  • Construction: Block
  • Roof Type: Membrane
  • Fire Protection: Alarm Monitored
  • Roof Structure: Flat
  • Foundation Details: Block, Concrete Perimeter
  • Building Area Total: 16234
  • # Of Offices: 0
  • # Of Ranges: 6
  • # Of Stores: 2
  • Property Sub Type: Apts/Stores
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-10-09T02:21:36
  • Photos Count: 33
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $302,565.00
  • Gross Scheduled Income: $302,565.00
  • Insurance Expense: $.00
  • Expense Year: 2024
  • Total Annual Expense Source: Owner Projection
  • Total Monthly Income: 25213
  • Net Operating Income: $224,880.00
  • Operating Expense: $68,814.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 3110 West Belmont 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 3110 West Belmont Avenue

Taxable ValueLand$5,400Additions$50,642Total$56,042
Tax Record2022$11,566 ($964 / month)
Home Facts
Total Finished SqFt1,200 SqFtAbove Grade Finished SqFt1,200 SqFtStories1Lot Size3,000 SqFtStyleStoresYear Built1936CountyCOOKAPN13-24-318-038

Schools near 3110 West Belmont Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Linne Elementary School
PublicPK to 8

Schurz High School
Public9 to 12

Pathways in Education Avondale
Public9 to 12

Pathways In Education High School
Public9 to 12

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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3110 West Belmont Avenue is a mixed use property for sale in Chicago, IL 60618. This property was listed for sale on October 8, 2024 by Cagan's Realty, Inc., it's currently listed at $3,195,000. It has been on the market for a total of 99 days and was last sold on March 13, 2024. This listing's school district is Chicago Public Schools. Nearby schools include Linne Elementary School, Schurz High School and Pathways in Education Avondale. 3110 West Belmont Avenue is a 0-bed, 0-bath, mixed use property built in 2008.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cagan's Realty, Inc.

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 11/05/2024 12:01 AM. 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.