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$950,000
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Property Description
8-unit strip center for sale with parking for 9 vehicles. Long term tenants in place plus some vacancy. Great visibility at the corner of Belmont & Major (1 block west of Central), sharing corner with Planet Fitness and Dollar General. Down the street from Tony's Fresh Market. Approx. 11,068 SF building on 14,506 SF lot.
Full Property Details
Full Property Details for 5700 W Belmont Ave
General
- Price: $950,000
- Taxes: $43,567 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12477972
- Updated: 12/10/2025
- Added to Site: 45 day(s) ago
Business
- Business Type: Retail
Additional Information
- Security/Safety: Other
Location
- Area: CHI - Portage Park
- County: Cook
- Driving Directions: On Belmont 1 Block West of Central on the Corner of Belmont and Major
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Other
- Ceiling Height: 10
- Stories/Levels: 1
- Square Feet: 11,068
- Current Bldg. Use: Commercial
- Year Built: 1952
Unit Information
- # Tenants: 9
Lot Features
- Lot Size (Sq. Ft.): 14,500
- Lot Dimensions: 125 x 125
- Frontage: City Street
- Drainage: Drain Tiles, Other
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Other
- Assessment Year: 1952
- Tax Amount: $43,567.43
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 13204320300000
Listed by Strauss Realty Ltd
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Schools
Schools serving 5700 W Belmont Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Camras Elementary School 3000 North Mango Avenue, Chicago, IL 60634 | K-8 | 0.2 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 5700 W Belmont Ave
Date
Details
Price
Change
Source
12/04/2025
Listed
$950,000
63.79%
MLS
12/09/2010
Sold
$580,000
—
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 5700 W Belmont Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$39,140
3%
$161,778
—
2022
$37,962
2%
$161,778
—
2021
$37,118
7%
$161,778
18%
2020
$34,665
-3%
$136,893
-13%
2019
$35,764
-9%
$156,557
-11%
2018
$39,397
8%
$175,088
16%
2017
$36,606
35%
$150,680
25%
2016
$27,169
3%
$120,474
-4%
2015
$26,273
-15%
$125,340
-14%
2014
$30,898
2%
$144,998
—
2013
$30,301
1%
$144,998
—
2012
$30,043
—
$144,999
—
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 5700 W Belmont Ave
5700 W Belmont Avenue, Chicago, IL 60634 (MLS# 12477972) is a Commercial property. 5700 W Belmont Avenue is currently listed for $950,000 and was received on December 04, 2025. Want to learn more about 5700 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.

