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1722 W Belmont Avenue, Chicago, IL 60657
1722 W Belmont Avenue, Chicago, IL 60657
  • $2,350,000

Overview

Property ID: 12207739
  • Commercial Sale
  • Property Type
  • 6200
  • 2015
  • Year Built

Description

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.

  • Address 1722 W Belmont Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60657
  • Area CHI - Lake View

Details

Updated on November 20, 2024 at 5:08 pm
  • Property ID: 12207739
  • Price: $2,350,000
  • Property Size: 6200
  • Garage Size: x x
  • Year Built: 2015
  • Property Type: Commercial Sale
  • Property Status: Active

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