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5201 W BELMONT Avenue Chicago, IL 60641
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Key Details
Sold Price $1,400,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10098021
Sold Date 11/30/18
Year Built 1920
Annual Tax Amount $29,000
Tax Year 2017
Lot Dimensions 50 X 125
Property Sub-Type Multi Family 5+
Property Description
15 UNIT BRICK CORNER LOT PROPERTY. WITH 9 -1 BED UNITS 3 ARE CURRENTLY VACANT, 6 ARE RENTED, 4 UNITS RECENTLY REMODELED WITH CENTRAL AIR. THERE ARE 6 RETAIL UNITS. 4 ARE RENTED 2 ARE VACANT. NO LEASES ON APARTMENTS. THERE ARE LEASES ON THE OCCUPIED STORE FRONTS. 6 CAR GARAGE PARKING & PARKING FOR 25 CARS ADJACENT TO BUILDING INCLUDED THERE ARE TWO PIN NUMBERS TOTAL TAXES FOR BOTH ARE 29000 TOTAL. RENTS WAY BELOW RENTAL MARKET RATES. PROPERTY FULLY RENTED MAKES 140000 APPROX. GREAT INCOME PROPERTY IN GREAT LOCATION.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Roof Type Rubber
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Bought with Kale Realty
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