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$1,500,000 Just Listed
Property Description
Rare opportunity to own a unique mixed-use property offering exceptional income and redevelopment potential. Located in a prime Avondale location just east of the California/Elston intersection...this 75' x 120' triple lot has 75 feet of frontage along Belmont Avenue and contains a fully renovated all-brick 2-flat , a large brick carriage house/garage, and a private parking lot...The brick 2-flat was completely renovated in 2019 and features two spacious 3-bedroom, 1-bath apartments with large living rooms, bay windows, separate dining rooms, modern kitchens with granite countertops and SS appliances, updated bathrooms with walk-in showers, engineered wood flooring, in-unit laundry, central heat and AC, and private outdoor decks. A shared ground-level patio provides additional outdoor space. The full unfinished basement offers approximately 7.5-foot ceilings and provides excellent storage or future expansion potential...The approx. 1,800 SF all-brick carriage house/garage features impressive 16.5-foot ceilings and offers various possibilities under M1 zoning, including workshop, studio, storage, light industrial, showroom, or other creative commercial uses (buyer to verify permitted uses)....The expansive side parking lot (approximately 50' x 90') provides abundant parking or future development opportunities. An outstanding opportunity for investors seeking stable rental income or owner-users looking for a flexible property with significant upside in one of Chicago's most desirable neighborhoods.
Full Property Details
Full Property Details for 2732 W Belmont Ave
General
- Price: $1,500,000
- Taxes: $8,873 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12696771
- Updated: 7/6/2026
- Added to Site: 4 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Total Spaces: 12
- Parking Features: Parking Lot, Yes, Owned
Location
- Area: CHI - Avondale
- County: Cook
- Township: Jefferson
- Driving Directions: Western to Belmont, west to 2732; or California/Elston to Belmont, east to 2732.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Von Linne School
- Middle School: Von Linne School
- High School: Schurz High School
- Private School: Schurz High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Sep Heating Systems - 2+, Individual Controls
Utilities
- Sewer: Public Sewer
- Water: Public
- Onsite: Cable Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Exterior Entry, Concrete, Storage Space, Full, Daylight
- Foundation: Concrete Perimeter
- Roof: Rubber
- Windows: Screens
- Year Built: 1913
- Built Before 1978: Yes
- Remodeled/Updated: 2019
Unit Information
- Units in Building: 2
Additional Structures
- Other Structures: Barn(s), Garage(s), Carriage House
Lot Features
- Lot Size Range: Oversized Chicago Lot
- Lot Dimensions: 75 x 120
Financial Considerations
- Insurance Fee: $1,804
- Parking Included: Yes
- Assessment Year: 1913
- Tax Amount: $8,873.26
- Tax Year: 2024
- Pays Electric: 588
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 13244060330000
Listed by Strauss Realty Ltd
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Schools
Schools serving 2732 W Belmont Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Linne Elementary School 3221 North Sacramento Avenue, Chicago, IL 60618 | K-8 | 0.3 mi |
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2732 W Belmont Ave
Date
Details
Price
Change
Source
7/06/2026
Listed
$1,500,000
—
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 2732 W Belmont Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,722
—
$47,312
19%
2023
$7,722
-9%
$39,782
-10%
2022
$8,462
2%
$44,421
—
2021
$8,290
14%
$44,421
25%
2020
$7,278
-3%
$35,656
-12%
2019
$7,479
-36%
$40,519
-35%
2018
$11,660
99%
$62,465
104%
2017
$5,874
-6%
$30,664
-9%
2016
$6,218
10%
$33,544
—
2015
$5,666
-6%
$33,544
-5%
2014
$6,059
2%
$35,224
—
2013
$5,928
1%
$35,224
—
2012
$5,873
—
$35,224
—
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 2732 W Belmont Ave
2732 W Belmont Avenue, Chicago, IL 60618 (MLS# 12696771) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 2732 W Belmont Avenue is currently listed for $1,500,000 and was received on July 06, 2026. Want to learn more about 2732 W Belmont Avenue? Do you have questions about finding other Multi-Family real estate for sale in Avondale? You can browse all Avondale real estate or contact a Coldwell Banker agent to request more information.
