3716 W BELMONT AVE Chicago, IL 60618

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,304 sqft

Price per Sqft $302

MLS Listing ID 12436480

Year Built 1914

Annual Tax Amount $8,301

Tax Year 2023

Lot Dimensions 3696

Property Sub-Type Mixed Use

Property Description

Prime Avondale investment opportunity! This 4-unit mixed-use building features two live/work units on the ground floor and two residential apartments above. With quality updates completed within the past 10 years, this property is ideal for long-term investors seeking strong, stable income. Offering a 6.67% cap rate, it's a perfect fit for a growing portfolio or 1031 exchange. Situated in the heart of Avondale-one of Chicago's fastest-rising neighborhoods and nationally ranked among the hottest in the country-this building benefits from high visibility, excellent transit access, and close proximity to local dining, retail, and major expressways. A rare opportunity in a high-demand corridor.

Location

State IL

County Cook

Area Chi - Avondale

Zoning MULTI

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Mixed Use

Structure Type Brick

Listed by Mark Raffaelli • Jameson Sotheby's Intl Realty

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106