2939 W Belmont Ave
Chicago, IL 60618
Multifamily Property For Sale
·
10 Units
Property Facts
| No. Units | 10 | Building Size | 10,854 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1909/2016 |
| Building Class | B | Parking Ratio | 0.46/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | RS-3 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 10,854 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1909/2016 |
| Parking Ratio | 0.46/1,000 SF |
| Zoning | RS-3 |
Amenities
Unit Amenities
- Kitchen
- Hardwood Floors
- Deck
About 2939 W BELMONT AVE , CHICAGO, IL 60618
Interra Realty has been exclusively engaged to market 2939-41 W Belmont Ave, a ten (10) unit mixed use property located in the highly popular Avondale Neighborhood. The property is ideally located just east of the Kennedy Expressway and just a half mile east of the Belmont Blue Line CTA. The building features eight (8) residential units with recently upgraded kitchens and bathrooms and two (2) street front retail spaces along Belmont Avenue. All units feature granite counter-tops, stainless steel appliances, while recent capital improvements include a newer boiler (2017) and updated common areas. New investors have the opportunity to acquire an ideally located asset in Avondale with the ability to add value through increasing rents to market rate via management and modernization including new HVAC and in-unit laundry.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,350 | 600 |
| 2+1 | 3 | $1,368 | 750 |
| 3+1 | 6 | $1,905 | 1,200 - 2,000 |
Property Taxes
| Parcel Number | 13-25-103-008-0000 | Improvements Assessment | $173,300 |
| Land Assessment | $30,000 | Total Assessment | $203,300 |
Property Taxes
