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$2,850,000
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Property Description
37.5'x148' Lot, Zoned B3-3, TOD, There are 2 Commercial spaces, 4 Studio apartments recently renovated and ready to rent and 4 more units(2- studios and 2- 1bedrooms) that are being gutted and converted to 2- 2bedroom apartments. Bldg Survey and Drawings available for the 2 bedroom renovations under "Additional Info" tab. The entire property is vacant.There is also an additional structure on the back half of the property that was previously rented as a 4 bed 2 bath duplex coach house but is currently not viable/legal to rent. The property has great potential given the location, size and zoning. There is a new 5 story, 46 unit project by Mavrek Development scheduled to break ground in May 2025 located just steps away at 925 W. Belmont.
Full Property Details
Full Property Details for 901 W Belmont Ave
General
- Price: $2,850,000
- Taxes: $27,395 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12350236
- Updated: 5/4/2025
- Added to Site: 265 day(s) ago
Location
- Area: CHI - Lake View
- County: Cook
- Township: Lake View
- Driving Directions: Clark to Belmont, east to property.
- Location Details: Chicago North
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 3
- # of Stores: 2
- Year Built: 1905
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 5,550
- Lot Dimensions: 37.5 x 148
- Zoning: COMMR
Financial Considerations
- Assessment Year: 1905
- Tax Amount: $27,395
- Tax Year: 2023
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 14292040090000
Listed by Buckingham Property Management INC
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Schools
Schools serving 901 W Belmont Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Harriet Tubman Elementary School 2851 North Seminary Avenue, Chicago, IL 60657 | PK-8 | 0.5 mi |
Lincoln Park High School, Chicago, IL 2001 North Orchard Street, Chicago, IL 60614 | 9-12 | 1.5 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 901 W Belmont Ave
Date
Details
Price
Change
Source
4/28/2025
Listed
$2,850,000
42.5%
MLS
9/06/2022
Sold
$2,000,000
—
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 901 W Belmont Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$27,395
3%
$125,361
—
2022
$26,701
34%
$125,361
32%
2021
$19,866
-54%
$95,238
-49%
2020
$43,258
226%
$187,403
194%
2019
$13,267
2%
$63,721
—
2018
$13,051
-61%
$63,722
-58%
2017
$33,558
8%
$150,723
—
2016
$31,189
-25%
$150,723
-31%
2015
$41,411
17%
$218,784
18%
2014
$35,517
2%
$184,962
—
2013
$34,871
1%
$184,962
—
2012
$34,441
—
$184,962
—
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 901 W Belmont Ave
901 W Belmont Avenue, Chicago, IL 60657 (MLS# 12350236) is a Commercial property. 901 W Belmont Avenue is currently listed for $2,850,000 and was received on April 28, 2025. Want to learn more about 901 W Belmont Avenue? Do you have questions about finding other Commercial real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.

