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$999,900
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Property Description
Prime Avondale investment opportunity! This 4-unit mixed-use building features two live/work units on the ground floor and two residential apartments above. With quality updates completed within the past 10 years, this property is ideal for long-term investors seeking strong, stable income. Offering a 6.67% cap rate, it's a perfect fit for a growing portfolio or 1031 exchange. Situated in the heart of Avondale-one of Chicago's fastest-rising neighborhoods and nationally ranked among the hottest in the country-this building benefits from high visibility, excellent transit access, and close proximity to local dining, retail, and major expressways. A rare opportunity in a high-demand corridor.
Full Property Details
Full Property Details for 3716 W Belmont Ave
General
- Price: $999,900
- Taxes: $8,301 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12436480
- Updated: 8/8/2025
- Added to Site: 169 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: CHI - Avondale
- County: Cook
- Township: Jefferson
- Driving Directions: BELMONT EAST OF PULASKI
- Location Details: Chicago North
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Square Feet: 3,304
- # of Stores: 2
- Year Built: 1914
- Built Before 1978: Yes
Unit Information
- # Dryers: 4
Lot Features
- Lot Size (Sq. Ft.): 3,696
- Lot Dimensions: 3696
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $15,301
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1914
- Tax Amount: $8,301
- Tax Year: 2023
Disclosures and Reports
- Property ID: 13233300330000
Listed by Jameson Sotheby's Intl Realty
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Schools
Schools serving 3716 W Belmont Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Reilly Elementary School 3650 West School Street, Chicago, IL 60618 | PK-8 | 0.2 mi |
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641 | 9-12 | 0.9 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 3716 W Belmont Ave
Date
Details
Price
Change
Source
8/02/2025
Listed
$999,900
299.96%
MLS
12/09/2014
Sold
$250,000
—
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 3716 W Belmont Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,301
3%
$39,203
—
2022
$8,091
2%
$39,203
—
2021
$7,909
9%
$39,203
21%
2020
$7,265
303%
$32,493
264%
2019
$1,801
2%
$8,932
—
2018
$1,764
-57%
$8,932
-53%
2017
$4,116
-38%
$19,120
-42%
2016
$6,623
9%
$33,067
—
2015
$6,059
126%
$33,067
113%
2014
$2,683
-49%
$15,500
-51%
2013
$5,288
1%
$31,705
—
2012
$5,242
—
$31,705
—
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 3716 W Belmont Ave
3716 W Belmont Avenue, Chicago, IL 60618 (MLS# 12436480) is a Commercial property. 3716 W Belmont Avenue is currently listed for $999,900 and was received on August 02, 2025. Want to learn more about 3716 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.

