Active
1722 W Belmont Avenue
Chicago IL, 60657
$2,350,000
$379.03 per sqft
Active
6,200 sqft
Other
Built in 2015
Courtesy of @properties Christie's International Real Estate
Presenting a fully leased, high-end multifamily building, offering turnkey investment potential. This newly constructed property features four occupied units: three identical residential units (3 bedrooms, 2 baths each) and a ground-floor retail space, collectively generating a total annual income of 199,200. Residential units feature a living room, dining room, chef's kitchen with custom cabinets, granite counters, cook top stove, built-in oven and microwave and dishwasher. All high-end stainless appliances. Three large bedrooms including a primary bedroom with stone primary bath with double bowl vanity sink, soaking air jet tub, separate shower and heated floors. The primary bedroom has large walk-in organized closets. Bedroom two and three both include organized closets. The second bathroom featured a stone bath. Hardwood floors throughout. Custom lighting and window treatments. In-unit washer and dryer. Individual controlled HVAC. High efficient tankless hot water heaters in each unit. Each unit has a front terrace and a rear deck. The top floor unit includes the roof deck buildout with composite deck, gas hook up, water hook up and skyline views. Each residential unit includes parking for two tandem cars in a gated and covered parking pad. Perfect location close to Whole foods, Paulina Brown Line and so much more. Easy building to manage and keep as a rental. All unit utilities paid for by tenants. Rental amounts are as listed: retail unit 2,900, unit 2 is 4,300, units 3 is 4,500 and unit 4 is 4,900. A member of the LLC holds an IL real estate license. The listing broker is not a member of the LLC.
12207739
MLSⓇ ID
November 11, 2024
Listed
November 20, 2024
Updated
Map
1722 W Belmont Avenue
Chicago IL, 60657
Interior Features
Total Stories
4
Fireplace
Yes
Cooling
Yes
Cooling Description
Central Air, Central Individual
Heating
No
Exterior/Building Features
Lot Size
0.08 Acres
Other Property Details
Area Name
CHI - Lake View
Taxes
$26,043
Tax Frequency
Annually
Days on Market
10
Garage
No
View
No
County
Cook
Municipality
Lake View
Pool
No
Zoning
MULTI
Courtesy of @properties Christie's International Real Estate, Pasquale Recchia,
Listing Contact: 847-962-7711
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Based on information submitted to the MLS GRID for MRED 11/20/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
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Data last updated 5:40 PM UTC, 11/20/2024