2120 West Belmont Avenue

Chicago, IL 60618

$2,999,000
Price
12
Beds
10
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

New construction investment! Perfect to buy and hold this cash flowing property with no work needed. Rents are great- listed at a 6% cap rate. Solid commercial tenant on the first floor Glow with long term lease in place. 6 units, 5 residential and one commercial, 2-3 parking spaces. Mix of 2 bed/2 bath and 3 bed/2 bath apartments. All have central AC, laundry in unit, walk in closets, king size bedrooms. High end modern finishes throughout. Full unfinished basement with room to expand.New construction investment! Perfect to buy and hold this cash flowing property with no work needed. Rents are great- listed at a 6% cap rate. Solid commercial tenant on the first floor Glow with long term lease in place. 6 units, 5 residential and one commercial, 2-3 parking spaces. Mix of 2 bed/2 bath and 3 bed/2 bath apartments. All have central AC, laundry in unit, walk in closets, king size bedrooms. High end modern finishes throughout. Full unfinished basement with room to expand.
  1. Listed by Helen Bailey • Pioneer Realty Group LLC

Property Details for 2120 West Belmont Avenue

Area
CHI - North Center
Township
North Chicago
Num of Interior Fireplaces
0
Zoning
MULTI

Location

Listing Courtesy of Pioneer Realty Group LLC
Add your commute
LISTING UPDATED: 04/29/2024 01:43 PM

Property Details for 2120 West Belmont Avenue

StatusActive
MLS #11998938
Days on Market28
Taxes$20,507 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1903
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

Listing Courtesy of Pioneer Realty Group LLC
Add your commute

Building Information for 2120 West Belmont Avenue

Stories-Residences6Year Built1903Building Size-Lot Size0.07 AC / 3,125 SF

Payment Calculator

$18,076 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,367

Property Taxes

$1,709

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2120 West Belmont Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
  • Open Parking Spaces: 3.0
Location and General Information
  • Frontage Type: City Street
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, Separate Meters
  • # Of Washers: 5
  • Basement Description: Unfinished
  • Heat/Ventilation: Forced Air,Gas,Separate Per Unit
  • # Of Window/Ac: 0
  • # Of Refrigerators: 5
  • Washer/Dryer Lsd: No
  • Misc Inside: Storage Inside
  • # Of Dryers: 5
  • # Of Disposals: 5
  • # Of Dishwashers: 5
  • Num of Baths: 10.1
Exterior Features
  • Misc Outside: Patio
Utilities / Equipment
  • Utilities: Sanitary Sewer, Water to Site
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: New Construction
  • Multi-Family Type: Flats
  • Lot Dimensions: 25 X 125
  • Lot Size Square Feet: 3125.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Membrane
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors
  • Roof Structure: Flat
  • Foundation Details: Stone
  • Building Area Total: 6528
  • # Of Ranges: 5
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Condominium, Multi-Family, Retail
  • Public Document Count: 1
  • Document Date: 2024-04-29T18:42:02
  • Photos Count: 30
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $1,358.00
  • Fuel Expense: $1,183.00
  • Gross Income: $196,608.00
  • Gross Scheduled Income: $204,551.00
  • Insurance Expense: $3,500.00
  • Maintenance Expense: $800.00
  • Manager Expense: $8,700.00
  • Electric Expense Source: Actual
  • Expense Year: 2023
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Broker Projection
  • Janitor Expense: 1590
  • Manager Expense Source: AC
  • Net Operating Income Year: 2023
  • Other Expense Source: Combination
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 16384
  • Water Expense Source: Actual
  • Net Operating Income: $185,761.00
  • Operating Expense: $8,500.00
  • Other Expense: $3,500.00
  • Trash Expense: $2,744.00
  • Water Sewer Expense: $2,114.00
Unit 1
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 3
Unit 2
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 2120 West Belmont Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2120 West Belmont Avenue

Taxable ValueLand$39,062Additions$60,645Total$99,707
Tax Record2022$20,508 ($1,709 / month)
Home Facts
Baths5.5Total Finished SqFt6,528 SqFtAbove Grade Finished SqFt6,528 SqFtStories3Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1905CountyCOOKAPN14-19-330-038

Schools near 2120 West Belmont Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Audubon Elementary School
PublicPK to 8

Lake View High School
Public9 to 12

Alcott College Prep
Public9 to 12

Devry Advantage Academy High School
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2120 West Belmont Avenue is a multi-family home for sale in Chicago, IL 60618. This property was listed for sale on April 2, 2024 by Pioneer Realty Group LLC, it's currently listed at $2,999,000. It has been on the market for a total of 28 days and was last sold on January 10, 2019. This listing's school district is City Of Chicago School District 299. Nearby schools include Audubon Elementary School, Lake View High School and Alcott College Prep. 2120 West Belmont Avenue is a 12-bed, 10.5-bath, multi-family home built in 1903.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pioneer Realty Group LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.