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$895,000

  • For Sale
  • Active
  • Commercial
  • 7,136 Sq. Ft.
  • Updated 2 days ago
See This Home
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3-unit mixed use property on the border of Portage Park and Belmont Cragin. Rebuilt in 2013, with new mechanicals and interior finishings. Everything from the brick walls in was replaced. The commercial space is as a 4000+ sq. foot medical clinic on 2 levels. The main level features approximately 2625 sq. feet with a waiting room, exam and procedure rooms, office and staff kitchen spaces. The lower-level features approximately 1450 sq. feet with additional private office space. The space has potential to be subdivided and is available for rent for $4500/month. Tenant pays the utilities. Owner pays the property tax. Other uses for the space could be a spa/yoga/wellness center, legal or CPA offices or a training facility. Separate HVAC, hot water tanks and electric for all units. Other features include drain tile & sump pump-2025 & a generator for the commercial space. A separate entrance on the east side of the building provides access to the 2nd & 3rd floor apartments. Each apartment features 6 rooms, 3 bedrooms & 1 bath, with maple cabinet kitchens, in unit laundry, and separate mechanicals. Carport parking in the rear for 2 cars.

Full Property Details for 5544 W Belmont Ave

General

  • Price: $895,000
  • Taxes: $12,858 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12628357

Interior

  • Interior Features: Passenger Elevator(s), Private Restroom(s), Skylight(s), Storage Inside, Basement
  • Flooring: Tile, Varies, Wood

Additional Information

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

Location

  • Area: CHI - Portage Park
  • County: Cook
  • Township: Jefferson
  • Driving Directions: Belmont east of Central to the property.
  • Location Details: Chicago Northwest, Central Business District

Heating & Cooling

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

Utilities

  • Water: Municipal Water
  • Trash: 1200
  • Onsite: Electricity to Site, Natural Gas Available, Cable Available

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Foundation: Concrete Perimeter
  • Sub-Flooring: Tile, Varies, Wood
  • Stories/Levels: 3
  • Square Feet: 7,136
  • Year Built: 1930
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 2
  • Units w/Refrigerators: 2
  • Units w/Range/Oven: 2
  • # Dryers: 2

Lot Features

  • Lot Size (Sq. Ft.): 3,137
  • Lot Dimensions: 25 x 125.50
  • Frontage: City Street
  • Drainage: Drain Tiles
  • Potential Use: Office, Retail
  • Zoning: COMMR

Financial Considerations

  • Lease Price: $14
  • Insurance Fee: $3,050
  • Operating Expenses: $19,908
  • Security Deposit: Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
  • Assessment Year: 1930
  • Tax Amount: $12,858.6
  • Tax Year: 2024
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Pays Electric: 1000
  • Pays Trash: 1200

Disclosures and Reports

  • Documents Avail.: Appraisal
  • Property ID: 13213270190000

Listed by Baird & Warner

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— 5544 W Belmont Ave —

  • Baird & Warner

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NMLS#: 1598647

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NMLS#: 1598647

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5544 W Belmont Ave

School District:Chicago Public School District 299
NameGradesDistance
Camras Elementary School
3000 North Mango Avenue, Chicago, IL 60634
K-80.3 mi
Foreman High School
3235 North Leclaire Avenue, Chicago, IL 60641
9-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 5544 W Belmont Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,919
—
$54,490
33%
2023
$9,919
3%
$40,999
—
2022
$9,621
2%
$40,999
—
2021
$9,407
10%
$40,999
21%
2020
$8,549
-4%
$33,758
-13%
2019
$8,864
2%
$38,803
—
2018
$8,731
-22%
$38,803
-16%
2017
$11,169
8%
$45,976
—
2016
$10,368
8%
$45,976
—
2015
$9,637
-1%
$45,976
—
2014
$9,752
2%
$45,766
—
2013
$9,564
1%
$45,766
—
2012
$9,482
—
$45,766
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5544 W Belmont Avenue, Chicago, IL 60641 (MLS# 12628357) is a Commercial property. 5544 W Belmont Avenue is currently listed for $895,000 and was received on May 10, 2026. Want to learn more about 5544 W Belmont Avenue? Do you have questions about finding other Commercial real estate for sale in Portage Park? You can browse all Portage Park real estate or contact a Coldwell Banker agent to request more information.

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