1722 W Belmont Avenue
Chicago, IL, 60657
$2,350,000
Beds
0 Baths
6,200 SqFt
0 Acres
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$2,350,000
1722 W Belmont Avenue
Chicago, IL, 60657
MLS #MRD12207739 img 0MLS #MRD12207739 img 1MLS #MRD12207739 img 2MLS #MRD12207739 img 3MLS #MRD12207739 img 4MLS #MRD12207739 img 5MLS #MRD12207739 img 6MLS #MRD12207739 img 7MLS #MRD12207739 img 8MLS #MRD12207739 img 9MLS #MRD12207739 img 10MLS #MRD12207739 img 11MLS #MRD12207739 img 12MLS #MRD12207739 img 13MLS #MRD12207739 img 14MLS #MRD12207739 img 15MLS #MRD12207739 img 16MLS #MRD12207739 img 17MLS #MRD12207739 img 18
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.

Property Details

Price:
$2,350,000
MLS #:
MRD12207739
Status:
Active
Beds:
0
Baths:
0
Address:
1722 W Belmont Avenue
Type:
Commercial
Subtype:
Apts/Stores
Neighborhood:
CHI – Lake View
City:
Chicago
Listed Date:
Nov 11, 2024
State:
IL
Finished Sq Ft:
6,200
Total Sq Ft:
6,200
ZIP:
60657
Year Built:
2015

Schools

Interior

Cooling
Central Air, Central Individual
Fireplaces Total
3

Exterior

Construction Materials
Brick, Block

Financial

Tax Year
2023
Taxes
$26,043
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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1722 W Belmont Avenue
Chicago, IL