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$670,000
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Property Description
Excellent location in the Belmont-Cragin neighborhood. Successful, long established automotive-transmission repair shop. Move right in and start making money. Four automotive lifts and a compressor included. Additional parking in the rear. C-1 zoning allows for many other businesses.
Full Property Details
Full Property Details for 5031 W Belmont Ave
General
- Price: $670,000
- Taxes: $14,267 (2025)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12746208
- Updated: 9/9/2026
- Added to Site: 40 day(s) ago
Business
- Business Type: Auto Service
- Years in Business: 11 or More
Location
- Area: CHI - Belmont Cragin
- County: Cook
- Driving Directions: Cicero Avenue to Belmont Avenue West to property on the South side of the street.
Heating & Cooling
- Cooling Type: None
- Heating Type: Central Building Heat
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected
Structural Information
- Stories/Levels: 1
- Square Feet: 4,300
Lot Features
- Lot Size (Sq. Ft.): 6,125
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 125
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $14,267
- Tax Year: 2025
Disclosures and Reports
- Property ID: 13282010450000
Listed by Windsor Real Estate Service INC
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Schools
Schools serving 5031 W Belmont Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Falconer Elementary School 3020 North Lamon Avenue, Chicago, IL 60641 | PK-6 | 0.3 mi |
Kelvyn Park High School 4343 West Wrightwood Avenue, Chicago, IL 60639 | 7-8 | 1.2 mi |
Foreman High School 3235 North Leclaire Avenue, Chicago, IL 60641 | 9-12 | 0.1 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 5031 W Belmont Ave
Date
Details
Price
Change
Source
9/03/2026
Listed
$670,000
387.27%
MLS
2/22/2005
Sold
$137,500
—
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 5031 W Belmont Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,812
-4%
$68,750
1%
2023
$14,432
3%
$68,399
—
2022
$14,068
2%
$68,399
—
2021
$13,754
-5%
$68,399
5%
2020
$14,476
11%
$64,981
—
2019
$13,056
2%
$64,981
—
2018
$12,836
24%
$64,981
35%
2017
$10,333
7%
$48,000
—
2016
$9,614
9%
$48,000
—
2015
$8,796
-12%
$48,000
-11%
2014
$10,019
2%
$54,000
—
2013
$9,821
1%
$54,000
—
2012
$9,690
—
$54,000
—
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 5031 W Belmont Ave
5031 W Belmont Avenue, Chicago, IL 60641 (MLS# 12746208) is a Business property. 5031 W Belmont Avenue is currently listed for $670,000 and was received on September 03, 2026. Want to learn more about 5031 W Belmont Avenue? Do you have questions about finding other Business real estate for sale in Belmont Cragin? You can browse all Belmont Cragin real estate or contact a Coldwell Banker agent to request more information.

