5222 W Belmont Avenue Chicago, IL ^$ 550,000

5222 W Belmont Avenue

^$ 550,000

Back to search

5222 W Belmont Avenue

Chicago, IL, 60641

^$ 550,000

Studio Baths0.0 Sq 5,388

Monthly Estimate*

^$ 3,655

5222 W Belmont Avenue, Chicago, IL 60641 - Image 1

5222 W Belmont Avenue, Chicago, IL 60641 - Image 2

5222 W Belmont Avenue, Chicago, IL 60641 - Image 3

5222 W Belmont Avenue, Chicago, IL 60641 - Image 4

5222 W Belmont Avenue, Chicago, IL 60641 - Image 5

5222 W Belmont Avenue, Chicago, IL 60641 - Image 6

5222 W Belmont Avenue, Chicago, IL 60641 - Image 7

5222 W Belmont Avenue, Chicago, IL 60641 - Image 8

5222 W Belmont Avenue, Chicago, IL 60641 - Image 9

5222 W Belmont Avenue, Chicago, IL 60641 - Image 10

5222 W Belmont Avenue, Chicago, IL 60641 - Image 11

5222 W Belmont Avenue, Chicago, IL 60641 - Image 12

Studio

Commercial Property for sale in Chicago, IL

for $550,000. This 5,388 square foot building was built in 1954 on a lot size of 0.173554.

This all-brick mixed-use building in Portage Park/Belmont Craigin includes a vacant fenced-in adjacent lot and is in great condition. The second floor consists of two, 2 bed 1 bath apartments well maintained, each with separate utilities, and private front and back entrances with a balcony. The main floor features a front office, with one private office and a large warehouse in the back. Also, on the first floor is a half bath, freezer, and double doors that open into the side fenced yard. A full unfinished basement with an additional freezer and a two-car garage off the alley complete the package. First two floors are over 5800 square feet, 2 separate pins each lot is 30x126 making this 60-foot frontage on bustling Belmont Ave. The building is in excellent condition but this is an estate sale and is offered in AS IS condition. Two pins exist 13213300310000/1321330030000

Commercial Contingent

Price

^$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 11,775

Style

Lot Size

0.173554

Year Built

1954

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12007753

Features

General

Cooling Central Air

Zoning COMMR

Year Built 1954

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity Heat

Stories 2

Township North Chicago

Property SubType Mixed Use

Tax Year 2022

Gross Income 16800

County Cook

Insurance Expense 2300

Property Type Commercial Sale Mixed Use

Contingency Attorney/Inspection

Status Contingent

Directions Cicero south to Belmont west to building

City Chicago

Total Units 3

MLS Area CHI - Portage Park

Lot Size Square Feet 7560

Street Name Belmont

Tax Annual Amount 11775

Electric Expense 1200

Fuel Expense 1200

Trash Expense 120

Water Sewer Expense 1100

Additional Parcels Y/N Y

Days on Market 19

Standard Status Active Under Contract

Exterior

Foundation Details Concrete Perimeter

Building Area Total 5388

Lot Dimensions 60X126

Exterior Brick

Interior

Street Suffix Avenue

* Excluded Features

List By

Dream Town Real Estate

Broker

cfallico@dreamtown.com;craigfallicoshowings@dreamtown.com

Affordability Calculator

$4,637

Per Month

Monthly Principal & Interest: $3,655
Monthly Property Taxes: $981
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$836,585

Percent of Sale Price 52%

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
4/11/2024	$550,000	-4.35%	Price Down
4/11/2024	$575,000		Listed Price

Map

More homes like this one

homes for you

See all

5222 W Belmont Avenue, Chicago, IL, 60641 is a Commercial Property for sale at $550,000 with 5,388 sqft and a lot size of 0.173554. 5222 W Belmont Avenue is a studio with 0.0 baths and was built in 1954. The property's zip code is 60641 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.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/26/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

5222 W Belmont Avenue

Commercial Property for sale in Chicago, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home