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$860,000
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Property Description
6229-31 W. Belmont is a 6-unit multifamily asset offered as part of the Gary R. Carlson Northwest Side Portfolio, located in Chicago's Belmont Cragin neighborhood. The building features six residential units, consisting of two 1-bedroom apartments and four 2-bedroom apartments, offering a desirable and efficient unit mix for this renter-driven corridor. Built in 1959, the property includes 6 rear surface parking spaces and features a clean, functional layout supported by tenant-paid electric and cooking gas and a building-owned laundry setup. Tear off roof - 2014; Newer boilers (replaced in the last 4 years). 6 new heating pumps; all newer circuit-breakers and other electrical components (2017). Positioned along the active Belmont Avenue commercial strip, the asset benefits from strong neighborhood amenities, public transit access, and consistent rental demand, making it a compelling opportunity for investors seeking stable cash flow with operational upside
Full Property Details
Full Property Details for 6229 W Belmont Ave
General
- Sold For: $860,000
- Taxes: $13,218 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12564712
Location
- Area: CHI - Belmont Cragin
- County: Cook
- Driving Directions: 6229 w belmont, between melvina and mobile
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Central Heat/Individual Controls, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Composition
- Stories/Levels: 2
- Year Built: 1955
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 1
Lot Features
- Lot Size (Acres): 0.07
- Lot Dimensions: 50 x 150
Financial Considerations
- Operating Expenses: $38,806
- Assessment Year: 1955
- Tax Amount: $13,218
- Tax Year: 2024
- Tenant Pays: Electricity, Hot Water
Disclosures and Reports
- Property ID: 13291010130000
Listed by Triton Realty Group LLC
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Schools
Schools serving 6229 W Belmont Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Lyon Elementary School, Chicago, IL 2941 North McVicker Avenue, Chicago, IL 60634 | K-8 | 0.4 mi |
Steinmetz Academic Centre High School 3030 North Mobile Avenue, Chicago, IL 60634 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
6229 W Belmont Avenue, Chicago, IL 60634 (MLS# 12564712) is a Commercial property that was sold at $860,000 on April 01, 2026. Want to learn more about 6229 W Belmont Avenue? Do you have questions about finding other Commercial 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.


