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2120 W Belmont Avenue, Chicago, IL 60618
$2,999,000
2120 W Belmont Avenue, Chicago, IL 60618View this property at 2120 W Belmont Avenue, Chicago, IL 60618
2120 W Belmont AvenueChicagoIL60618
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Property Description
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.
Full Property Details
Full Property Details for 2120 W Belmont Ave
General
- Price: $2,999,000
- HOA FEE: $800
- Taxes: $20,507 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11998938
- Updated: 4/8/2024
- Added to Site: 28 day(s) ago
Interior
- Interior Features: Storage Inside
Additional Information
- Security/Safety: Fire Extinguisher(s), Smoke or Fire Protectors
Parking
- Parking Features: 1 to 5 Spaces
Location
- Area: CHI - North Center
- County: Cook
- Township: North Chicago
- Driving Directions: 2100 W BELMONT AVE/ 3200 N DAMEN
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas, Separate per Unit
Utilities
- Trash: 2744
- Onsite: Sanitary Sewer, Water to Site
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Stone
- Roof: Membrane
- Stories/Levels: 3
- Square Feet: 6,528
- Current Bldg. Use: Multi-Family
- Year Built: 1903
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
- # Dryers: 5
Lot Features
- Lot Size (Sq. Ft.): 3,125
- Lot Dimensions: 25 x 125
- Frontage: City Street
- Potential Use: Commercial, Condominium, Multi-Family, Retail
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $800
- Insurance Fee: $3,500
- Operating Expenses: $8,500
- Other Fee: $3,500
- Security Deposit: Fire Extinguisher/s, Smoke or Fire Protectors
- Assessment Year: 1903
- Tax Amount: $20,507
- Tax Year: 2022
- Tenant Pays: Electricity, Heat
- Pays Electric: 1358
- Pays Trash: 2744
Disclosures and Reports
- Property ID: 14193300380000
Listed by Pioneer Realty Group LLC
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Schools
Schools serving 2120 W Belmont Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
3500 N Hoyne Ave, Chicago, IL 60618 | PK-8 | 0.4 mi | |
4015 N Ashland Ave, Chicago, IL 60613 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2120 W Belmont Ave
Date
Details
Price
Change
Source
4/02/2024
Listed
$2,999,000
185.62%
MLS
1/03/2019
Sold
$1,050,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2120 W Belmont Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$20,508
35%
$99,707
32%
2021
$15,194
157%
$75,560
185%
2020
$5,904
-12%
$26,503
-28%
2019
$6,696
649%
$36,757
-69%
2018
$894
-89%
$118,606
55%
2017
$8,412
-45%
$76,358
—
2016
$15,294
16%
$76,358
—
2015
$13,168
-5%
$76,358
2%
2014
$13,858
958%
$74,693
—
2013
$1,310
7%
$74,693
—
2012
$1,226
—
$74,693
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2120 W Belmont Ave
2120 W Belmont Avenue, Chicago, IL 60618 (MLS# 11998938) is a Commercial property. 2120 W Belmont Avenue is currently listed for $2,999,000 and was received on April 02, 2024. Want to learn more about 2120 W Belmont Avenue? Do you have questions about finding other Commercial real estate for sale in North Center? You can browse all North Center real estate or contact a Coldwell Banker agent to request more information.