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2732 W Belmont Ave
Chicago, IL 60618
Multifamily Property For Sale
·
2 Units
Investment Highlights
- Great development potential. Located in Avondale, ranked the world's 5th coolest neighborhood by Time Out Magazine in 2025!
- Triple lot site - 9,000 SF total - 75' x120' dimension
- 1,800 SF garage/carriage house with 16.5' ceiling height
- Unique mixed-use property includes a 2-flat with two 3-bed/1-bath apartments, with shared patio and private decks
- Private parking lot is 50'x90'
- Close to I-90/94 - less than half a mile away
Executive Summary
Unique mixed-use property in Avondale presenting income and redevelopment potential. Situated near California/Elston intersection, this triple lot boasts a 75' x120' dimension with 75 feet fronting Belmont avenue. The property includes a fully renovated all-brick 2-flat with two 3-bed/1-bath apartments, an 1,800 SF brick carriage house/garage with 16.5' ceiling height, and a private parking lot (50’x90’).
Two-Flat Building: The 2-flat was revamped in 2019, offering two 3-bedroom, 1-bath apartments with modern amenities like granite countertops, ss appliances, in-unit laundry, and central heat/ac. Additionally, a shared patio and private outdoor decks enhance living spaces. The property’s basement with high ceilings provides ample storage or expansion options.
Garage: The carriage house/garage, spanning approximately 1,800 SF, features a remarkable 16.5-foot ceiling, completing this exceptional investment opportunity.
Two-Flat Building: The 2-flat was revamped in 2019, offering two 3-bedroom, 1-bath apartments with modern amenities like granite countertops, ss appliances, in-unit laundry, and central heat/ac. Additionally, a shared patio and private outdoor decks enhance living spaces. The property’s basement with high ceilings provides ample storage or expansion options.
Garage: The carriage house/garage, spanning approximately 1,800 SF, features a remarkable 16.5-foot ceiling, completing this exceptional investment opportunity.
Property Facts
| Price Per Unit | $750,000 | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 3,600 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1913 |
| Zoning | M1-1 | ||
| Price Per Unit | $750,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.21 AC |
| Building Size | 3,600 SF |
| No. Stories | 2 |
| Year Built | 1913 |
| Zoning | M1-1 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Ceiling Fans
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Deck
- Dining Room
- Double Pane Windows
- Patio
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 2 | - | 1,100 |
Property Taxes
| Parcel Number | 13-24-406-033-0000 | Improvements Assessment | $28,712 |
| Land Assessment | $18,600 | Total Assessment | $47,312 |
Property Taxes
Parcel Number
13-24-406-033-0000
Land Assessment
$18,600
Improvements Assessment
$28,712
Total Assessment
$47,312
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