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$859,000
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Property Description
This property is a rarely available development opportunity along Belmont Avenue in Lakeview, featuring in-place B3-1 zoning that permits 1.2 FAR density with the potential to be up-zoned. The site includes an existing curb cut to maximize building footprint design and is ideal for developers, owner-users, or car collectors. It is situated within highly sought-after CPS school districts and is surrounded by luxury residential housing and new developments. As one of Chicago's most vibrant neighborhoods, Lakeview offers an exceptional blend of residential charm and commercial opportunity. The area attracts a diverse demographic and boasts robust foot traffic fueled by popular attractions and the bustling Belmont Avenue corridor.
Full Property Details
Full Property Details for 2311 W Belmont Ave
General
- Price: $859,000
- Taxes: $16,373 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12560954
- Updated: 2/10/2026
- Added to Site: 17 day(s) ago
Location
- Area: CHI - North Center
- County: Cook
- Driving Directions: On W Belmont between Oakley and Western Aves
- Location Details: Chicago Northwest
Heating & Cooling
- Cooling Type: None
- Heating Type: Ceiling Units
Structural Information
- Drive-In Doors: 1
- # Loading Docks: 1
- Stories/Levels: 1
- Square Feet: 3,125
- Year Built: 1978
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,125
- Lot Dimensions: 25 x
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assessment Year: 1978
- Tax Amount: $16,373
- Tax Year: 2024
- Tenant Pays: Electricity, Heat, Scavenger, Sewer
Disclosures and Reports
- Property ID: 14301000080000
Listed by Sperry Van Ness
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Schools
Schools serving 2311 W Belmont Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Jahn Elementary School 3149 North Wolcott Avenue, Chicago, IL 60657 | K-8 | 0.6 mi |
Lake View High School 4015 North Ashland Avenue, Chicago, IL 60613 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2311 W Belmont Ave
Date
Details
Price
Change
Source
2/04/2026
Listed
$859,000
—
MLS
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 2311 W Belmont Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,694
3%
$60,166
—
2022
$12,375
24%
$60,166
21%
2021
$10,015
110%
$49,805
133%
2020
$4,759
11%
$21,364
—
2019
$4,292
2%
$21,364
—
2018
$4,220
6%
$21,364
15%
2017
$3,992
9%
$18,544
1%
2016
$3,673
-9%
$18,341
-17%
2015
$4,043
19%
$22,064
20%
2014
$3,407
2%
$18,362
—
2013
$3,340
1%
$18,362
—
2012
$3,295
—
$18,362
—
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 2311 W Belmont Ave
2311 W Belmont Avenue, Chicago, IL 60618 (MLS# 12560954) is a Commercial property. 2311 W Belmont Avenue is currently listed for $859,000 and was received on February 04, 2026. Want to learn more about 2311 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.

