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5349-5353 W Belmont Ave 5,570 SF 100% Leased Retail Building Chicago, IL 60641 $649,000 ($116.52/SF)



EXECUTIVE SUMMARY
Well-located on Belmont Avenue just east of Long Avenue, this 4,892 SF single-story retail property is available for sale. The building is comprised of five retail storefronts, two have been recently combined. The facade has been recently updated with new windows that provide excellent visibility and curb appeal.
The Belmont Cragin community has benefited from steady growth in population and renewed investment. Local businesses enjoy a strong residential consumer base, great public transportation, and quick access to the Expressway.
The Belmont Cragin community has benefited from steady growth in population and renewed investment. Local businesses enjoy a strong residential consumer base, great public transportation, and quick access to the Expressway.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,570 SF
Building Class
C
Year Built
1927
Price
$649,000
Price Per SF
$116.52
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.56
Lot Size
0.23 AC
Zoning
B3-1
Frontage
100’ on W Belmont Ave
Walk Score®
Walker's Paradise (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 13-28-104-002-0000 | Improvements Assessment | $41,407 |
| Land Assessment | $58,594 | Total Assessment | $100,001 |
PROPERTY TAXES
Parcel Number
13-28-104-002-0000
Land Assessment
$58,594
Improvements Assessment
$41,407
Total Assessment
$100,001
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5349-5353 W Belmont Ave
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