2732 W Belmont Ave

Chicago, IL 60618
  • $1,500,000

    Price
  • 6

    Bed
  • 2

    Bath
  • 0

    SqFt

About the Listing 15401 - 878361

Rare opportunity to own a unique mixed-use property offering exceptional income and redevelopment potential. Located in a prime Avondale location just east of the California/Elston intersection...this 75' x 120' triple lot has 75 feet of frontage along Belmont Avenue and contains a fully renovated all-brick 2-flat , a large brick carriage house/garage, and a private parking lot...The brick 2-flat was completely renovated in 2019 and features two spacious 3-bedroom, 1-bath apartments with large living rooms, bay windows, separate dining rooms, modern kitchens with granite countertops and SS appliances, updated bathrooms with walk-in showers, engineered wood flooring, in-unit laundry, central heat and AC, and private outdoor decks. A shared ground-level patio provides additional outdoor space. The full unfinished basement offers approximately 7.5-foot ceilings and provides excellent storage or future expansion potential...The approx. 1,800 SF all-brick carriage house/garage features impressive 16.5-foot ceilings and offers various possibilities under M1 zoning, including workshop, studio, storage, light industrial, showroom, or other creative commercial uses (buyer to verify permitted uses)....The expansive side parking lot (approximately 50' x 90') provides abundant parking or future development opportunities. An outstanding opportunity for investors seeking stable rental income or owner-users looking for a flexible property with significant upside in one of Chicago's most desirable neighborhoods.

Listing Highlights

Status Active
Days on Site 10
Property Type Multi-Family
MLS ® 12696771
Year Built 1913
Total Square Footage 0
Lot/Acreage 75X120
County Cook
School District 299
Elementary School Von Linne School
Middle School Von Linne School
High School Schurz High School

Interior Details

  • Bedrooms: 6
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Forced Air,Sep Heating Systems - 2+,Indv Controls
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished,Exterior Entry,Concrete,Storage Space,Full,Daylight
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 12
  • Lot Dimensions: 75X120
  • Roof: Rubber
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Parking Lot,Yes,Owned

Financial Details

  • Tax Amount: $8,873
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 13244060330000
  • Tax Year: 2024

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Questions About..

2732 W Belmont Ave Chicago, IL 60618

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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