Sold
5059 W Belmont Avenue
Chicago IL, 60641
$1,250,000
Sold
Commercial
Built in 1959
Courtesy of Prime Capital Real Estate
Beautiful California style 12 unit building in the solid Belmont/Cragin neighborhood. Building was built approximately 1959 and consists of 12 units, all are 1 bedroom/1 bath apartments that have been lovingly cared for by the same local owners and the onsite manager for the past 20+ years. Over $200K spent in improvements. See attached list. 12 parking spaces included. Many long term tenants. Tenants pay electric & cable only. This property consists of 3 total lots with three separate PIN numbers. Property currently has a Class 9 incentive certificate which is expiring this year. New owners can renew or let it lapse. Perfect for the armchair investor. Please do not disturb the tenants.
11372765
MLSⓇ ID
April 12, 2022
Listed
March 28, 2024
Updated
Map
5059 W Belmont Avenue
Chicago IL, 60641
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
No
Exterior/Building Features
Other Property Details
Area Name
CHI - Belmont Cragin
Taxes
$12,374
Tax Frequency
Annually
Days on Market
13
Garage
No
View
No
County
Cook
Municipality
Jefferson
Pool
No
Buyer Agency Compensation
2.25% -$400 ON NET SP
Courtesy of Prime Capital Real Estate, John Korolis,
Listing Contact: 847-275-4550
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Data last updated 4:01 AM UTC, 3/28/2024
