2120 W BELMONT Avenue Chicago, IL ^$ 2,999,000

2120 W BELMONT Avenue

^$ 2,999,000

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New Construction

2120 W BELMONT Avenue

Chicago, IL, 60618

^$ 2,999,000

Bedrooms5 Baths0.0 Sq 6,528

Monthly Estimate*

^$ 19,932

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Multi-Family Home for sale in Chicago, IL

for $2,999,000 with 5 bedrooms. This 6,528 square foot home was built in 1903 on a lot size of 0.07174.

New construction investment! Perfect to buy and hold this cash flowing property with no work needed. Rents are great- listed at a 6% cap rate. Solid commercial tenant on the first floor Glow with long term lease in place. 6 units, 5 residential and one commercial, 2-3 parking spaces. Mix of 2 bed/2 bath and 3 bed/2 bath apartments. All have central AC, laundry in unit, walk in closets, king size bedrooms. High end modern finishes throughout. Full unfinished basement with room to expand.

Multi-Family Active

Price

^$ 2,999,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 20,507

Style

Multi-Family

Lot Size

0.07174

Year Built

1903

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11998938

Features

General

Cooling Central Air

Utilities Sanitary Sewer Water to Site

Roof Membrane

Zoning MULTI

Construction Materials Brick

Year Built 1903

Electric Circuit Breakers Separate Meters

Tenant Pays Electricity Heat

Stories 3

Township North Chicago

Tax Year 2022

Current Use Multi-Family

Gross Income 196608

County Cook

Net Operating Income 185761

Operating Expense 8500

Insurance Expense 3500

Property Type Commercial Sale Multi Family 5+

Possible Use Commercial Condominium Multi-Family Retail

Status Active

Directions 2100 W BELMONT AVE/ 3200 N DAMEN

City Chicago

Total Units 6

MLS Area CHI - North Center

Lot Size Square Feet 3125

Street Name BELMONT

Tax Annual Amount 20507

Electric Expense 1358

Fuel Expense 1183

Trash Expense 2744

Water Sewer Expense 2114

Additional Parcels Y/N N

Virtual Tour https://content.vht.com/video/fmv/434376851/matterport_intro/preview_d2816149-c544-4465-824e-564083850a66.mp4

Days on Market 28

Standard Status Active

Interior

Total Fireplaces 0

Street Suffix Avenue

Basement Unfinished

Exterior

Foundation Details Stone

Building Area Total 6528

Lot Dimensions 25 X 125

Frontage Type City Street

Exterior Brick

* Excluded Features

List By

Pioneer Realty Group Llc

Broker

helen@chicagoprg.com;helen@chicagoprg.com

Affordability Calculator

$21,641

Per Month

Monthly Principal & Interest: $19,932
Monthly Property Taxes: $1,709
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$641,158

Percent of Sale Price 79%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/2/2024	$2,999,000		Listed Price

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2120 W BELMONT Avenue, Chicago, IL, 60618 is a Multi-Family Home for sale at $2,999,000 with 6,528 sqft and a lot size of 0.07174. 2120 W BELMONT Avenue has 5 bedrooms, 0.0 baths, and was built in 1903. The property's zip code is 60618 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/27/2024.

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2120 W BELMONT Avenue

Multi-Family Home for sale in Chicago, IL

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