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2732 W Belmont Ave 2 Unit Apartment Building Offered at £1,122,045 Chicago, IL 60618
INVESTMENT HIGHLIGHTS
- 75x120 Triple Lot w/75' of frontage on Belmont Ave in a premier Avondale location
- Huge 1,800 sqft All Brick original carriage house/garage w/16.5' ceiling height offering extensive/creative use potential
- Stabilized All Brick 2-Unit building updated to modern standards and fully renovated with contemporary condo quality finishes
EXECUTIVE SUMMARY
Incredibly Rare opportunity to own this multifaceted one-of-a-kind property with unmatched potential and
versatility offering a fully Stabilized All Brick 2-Unit building updated to modern standards and fully renovated with
contemporary condo quality finishes + a Huge 1,800 sqft All Brick original carriage house/garage w/16.5' ceiling height
offering extensive/creative use potential + an expansive private parking lot all on a 75x120 Triple Lot w/75' of frontage on
Belmont Ave in a Premier Avondale location just east of the California/Elston intersection and just west of the River; Brick 2-
flat fully renovated in 2019 featuring (2) full floor 3 bedroom / 1 bath units w/large living rooms w/bay windows &separate
dining areas leading to contemporary white crowned shaker/granite/S/S kitchens w/plentiful cabinetry/storage, stone
baths w/walk-in showers, generously sized bedrooms, pre-engineered wood floors throughout, in-unit laundry, central
heat/A/C &private outdoor deck space + common ground floor patio; Full unfinished basement w/7.5' ceiling height offering
additional unit/duplex buildout potential or keep as storage; Original carriage house/garage with extensive use (M1 zoning)
potential including workshop, studio, retail, event or storage and huge 50x90 side lot fronting Belmont just waiting for your
ideas; A rare opportunity for stabilized cash flow coupled with creative user/investor potential; Come Tour!
versatility offering a fully Stabilized All Brick 2-Unit building updated to modern standards and fully renovated with
contemporary condo quality finishes + a Huge 1,800 sqft All Brick original carriage house/garage w/16.5' ceiling height
offering extensive/creative use potential + an expansive private parking lot all on a 75x120 Triple Lot w/75' of frontage on
Belmont Ave in a Premier Avondale location just east of the California/Elston intersection and just west of the River; Brick 2-
flat fully renovated in 2019 featuring (2) full floor 3 bedroom / 1 bath units w/large living rooms w/bay windows &separate
dining areas leading to contemporary white crowned shaker/granite/S/S kitchens w/plentiful cabinetry/storage, stone
baths w/walk-in showers, generously sized bedrooms, pre-engineered wood floors throughout, in-unit laundry, central
heat/A/C &private outdoor deck space + common ground floor patio; Full unfinished basement w/7.5' ceiling height offering
additional unit/duplex buildout potential or keep as storage; Original carriage house/garage with extensive use (M1 zoning)
potential including workshop, studio, retail, event or storage and huge 50x90 side lot fronting Belmont just waiting for your
ideas; A rare opportunity for stabilized cash flow coupled with creative user/investor potential; Come Tour!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
PROPERTY FACTS
| Price | £1,122,045 | Total Plot Size | 0.21 ac |
| Price Per Unit | £561,023 | Property Size | 3,600 sq ft |
| Sale Type | Investment | No. Floors | 2 |
| No. Units | 2 | Year Built/Renovated | 1913/2019 |
| Property Type | Build-to-Rent | ||
| Use Class | M1-1 | ||
| Price | £1,122,045 |
| Price Per Unit | £561,023 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Build-to-Rent |
| Total Plot Size | 0.21 ac |
| Property Size | 3,600 sq ft |
| No. Floors | 2 |
| Year Built/Renovated | 1913/2019 |
| Use Class | M1-1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Ceiling Fans
- Kitchen
- Granite Countertops
- Wooden Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Deck
- Dining Room
- Double Pane Windows
- Patio
SITE AMENITIES
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 3+1 | 2 | - | 1,100 |
Walk Score®
Excellent pedestrian access (91)
Bike Score®
Good for cycling (88)
PROPERTY TAXES
| Parcel Number | 13-24-406-033-0000 | Total Assessment | £35,391 |
| Land Assessment | £13,913 | Annual Taxes | -£1 (£0.00/sq ft) |
| Improvements Assessment | £21,477 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
13-24-406-033-0000
Land Assessment
£13,913
Improvements Assessment
£21,477
Total Assessment
£35,391
Annual Taxes
-£1 (£0.00/sq ft)
Tax Year
2024
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2732 W Belmont Ave
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