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Investment Highlights

  • New construction property, completed in 2024
  • Ample surface parking (19 spaces) along alley.
  • Desirable unit mix including (3) commercial spaces, (3) ADA/ARO apartments, and (12) 2-bed/2-bath apartments.

Executive Summary

Triton presents 5416-5422 W. Belmont Ave., a newly constructed mixed-useapartment building located in the rapidly appreciating Belmont Cragin
neighborhood. This modern three-story property offers a prime investment opportunity in a flourishing area of Chicago. Situated close to popular dining,
shopping, and recreational destinations, the building is ideally positioned in the heart of the up-and-coming submarket.
The building features three commercial spaces and three ARO/ADA-accessible 2-bedroom apartments on the ground floor, with 12 luxurious 2-bedroom, 2-
bathroom residential units on the upper levels. Each residential unit boasts high-end kitchens, elegant bathrooms, built-in closets, in-unit laundry, central HVAC,
and high end windows, blending contemporary style with modern functionality.
Interiors are finished with premium Lifeproof flooring, sleek light grey walls, and crisp white trim, creating a sophisticated and contemporary atmosphere. The
spacious kitchens are equipped with quartz countertops, soft-close cabinets, and high-quality appliances, including fingerprint-resistant stainless steel refrigerators/freezers and 30" gas ranges with stainless steel microhoods.
Select units feature private balconies, and surface parking is available with alley access. With its superior construction, modern amenities, and a location in a
neighborhood with high growth potential, this building represents an exceptional investment opportunity.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $3,995,000
Price Per Unit $221,944
Sale Type Investment
Cap Rate 8.39%
Gross Rent Multiplier 8.52
No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.29 AC
Building Size 20,400 SF
No. Stories 3
Year Built 2024
Parking Ratio 0.93/1,000 SF
Zoning B2-3 - Community Shopping District - Mixed Use Redevelopment

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Wheelchair Accessible
  • Gas Range
  • Recycling
  • Wi-Fi

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 12 $2,595 1,200
2+1.5 1 $1,529 1,000
2+1 2 $1,529 1,000
Exceptionally walkable
100/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
13-21-328-033-0000
Land Assessment
$7,813
Improvements Assessment
$53,588
Total Assessment
$61,401
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 40011242

  • Date on Market: 4/2/2026

  • Last Updated:

  • Address: 5416-22 W Belmont Ave, Chicago, IL 60641

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