2914 W Belmont Avenue, Chicago, IL 60618 - Photo 1

1/1

$945,000

Sold
Closed
Commercial

1/1

Property Description

Four rental units, (2) stores and (2) apartments above on a 48 ft lot. Both storefronts have full baths for a live/work situation. Residential tenants have waived their Right of First Refusal for the NSHP Ordinance. AND the parcel is in Chicago Enterprise Zone #4, that means buyer is exempt from city transfer taxes, approx $7000! Property zoned C1-1, one of the only mixed use properties for sale in SE Avondale. In between two B3-3 parcels. Approx 3000 sqft parking lot in rear. See pertinent LISTING INFO in Documents. The Best of Avondale, walk to Kumas Korner, Dark Matter Coffee, Avondale Coffee, TriBeccas Sandwich shop, Honey Butter Fried Chicken, Blue Line CTA. Two minutes to Kennedy Xway. - TOO MUCH TO LIST, see Listing Info in Documents for pertinent info. Please have Source of Funds or Mortgage approval available prior to showings

Full Property Details

Full Property Details for 2914 W Belmont Ave

General

Sold For: $945,000
Taxes: $11,434 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12122733
Added to Site: 185 day(s) ago

Interior

Interior Features: Basement, Laundry Room
Flooring: Wood, Other

Additional Information

Security/Safety: Fire Extinguisher(s), Smoke or Fire Protectors, Carbon Monoxide Detector(s)

Location

Area: CHI - Avondale
County: Cook
Driving Directions: North side of Belmont Ave, between California and Sacramento. Parking lot in rear for showings.
Location Details: Chicago Northwest, Mixed-Use Area, In City Limits

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Forced Air, Gas

Utilities

Onsite: Electricity Available, Natural Gas Available

Structural Information

Construction: Brick
Exterior Const.: Brick
Foundation: Concrete Perimeter
Roof: Reflective Coating, Rubber
Sub-Flooring: Wood, Other
Stories/Levels: 2
Current Bldg. Use: Commercial
# of Stores: 2
Year Built: 1927
Built Before 1978: Yes

Unit Information

# Tenants: 4
Units w/Refrigerators: 4
Units w/Range/Oven: 2
# Dryers: 1

Lot Features

Lot Size (Sq. Ft.): 6,000
Lot Dimensions: 48 x 125
Frontage: City Street
Drainage: Floor Drains, Storm Sewers
Zoning: COMMR

Financial Considerations

Operating Expenses: $16,391
Security Deposit: Fire Extinguisher/s, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Assessment Year: 1927
Tax Amount: $11,434
Tax Year: 2023
Tenant Pays: Air Conditioning, Electricity, Heat

Disclosures and Reports

Documents Avail.: Existing Survey, Tax Bill
Property ID: 13243220350000

Listed by Rock Realty Group, Inc.
Sold by Compass

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Listing agent

— 2914 W Belmont Ave —

Rock Realty Group, Inc.

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Schools

Schools serving 2914 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	0.1 mi
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641	9-12	1.8 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 2914 W Belmont Ave

Date

Details

Price

Change

Source

10/20/2025

Sold

$945,000

-5.03%

MLS

8/06/2025

Price Reduced

$995,000

-5.24%

MLS

7/16/2025

Listed

$1,050,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2914 W Belmont Avenue, Chicago, IL 60618 (MLS# 12122733) is a Commercial property that was sold at $945,000 on October 20, 2025. Want to learn more about 2914 W Belmont Avenue? Do you have questions about finding other Commercial real estate for sale in Avondale? You can browse all Avondale real estate or contact a Coldwell Banker agent to request more information.

2914 W Belmont Ave Chicago, IL 60618