Sold
2858 W Belmont Avenue
Chicago IL, 60618
$3,167,500
$310.54 per sqft
Sold
10,200 sqft
Commercial
Built in 2019
Courtesy of S Hansen Realty Inc.
This proportion is a unique newer construction property in the heart of "up-and-coming" Avondale. This 2018/2019 property boasts 6 beautiful large units with 6 parking spots. There are 2x 3-bedroom 2-bath duplex up with private balconies on the rooftop and balcony off the bedroom, 2x 3-bedroom 2-bath units on the second floor with private balconies off the back, and 2x 4-Bedroom 3-bath duplex down with balconies off the back as well as extra storage. Each unit consists of 12-foot ceilings, condo-quality finishes at every level, attention to detail for maximizing storage space, private balconies, larger than average bedroom sizes, and open floor plans, everything tenants are looking for in new construction units. Units rent quickly and show extremely well. There are 4 garage parking spots with 2 private pads in the back. 4 of the 6 will expire in late 2023. Tenants are a 3-minute drive from I-90 with easy access North & South. They are one block away from Elston to head to and from the city. Street parking is free on side streets. Avondale is known for having that suburban feel but still being in the city. This is a great opportunity to own a larger-sized property and perfect for a new investor, out-of-state 1031 exchange buyer, or suburban investor breaking into the city.
11391500
MLSⓇ ID
May 2, 2022
Listed
March 28, 2024
Updated
Map
2858 W Belmont Avenue
Chicago IL, 60618
Interior Features
Total Stories
3
Fireplace
Yes
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.14 Acres
Other Property Details
Area Name
CHI - Avondale
Taxes
$41,386
Tax Frequency
Annually
Days on Market
153
Garage
No
View
No
County
Cook
Pool
No
Buyer Agency Compensation
1.25%
Courtesy of S Hansen Realty Inc., Oliver Stone,
Listing Contact: 312-547-9704
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Data last updated 4:03 AM UTC, 3/28/2024