2222 West Belden Avenue

Chicago, IL 60647

$1,010,000
Last Sold Price
7
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rarely available, Turn-Key Investment Opportunity in an A+ Bucktown location. The subject property is a completely renovated 3 flat featuring a Duplex-Down and two simplex apartments, as well as 3 tandem parking spots. Unit types consist of one(1) 4Bedroom/2Bath, one(1) 2Bedroom/2Bath and one(1) 1 Bedroom/1Bath. All units receive great natural light as the front of building has full southern exposure. Additional unit features are hardwood floors, central air/heat, individual washer/dryers, updated...Rarely available, Turn-Key Investment Opportunity in an A+ Bucktown location. The subject property is a completely renovated 3 flat featuring a Duplex-Down and two simplex apartments, as well as 3 tandem parking spots. Unit types consist of one(1) 4Bedroom/2Bath, one(1) 2Bedroom/2Bath and one(1) 1 Bedroom/1Bath. All units receive great natural light as the front of building has full southern exposure. Additional unit features are hardwood floors, central air/heat, individual washer/dryers, updated kitchens and bathrooms. The subject property is an all brick building ideally located on a quiet tree-lined street in Bucktown walking distance from Holstein Park (a 3.25 acre park in the heart of Bucktown) as well as many shopping, dining, entertainment locations on Damen Avenue. Additionally, the Western Blue Line and The 606 are within walking distance and Interstate 90/94 is only a few minutes away. This offering provides a new operator the opportunity to acquire a well performing asset with in place tenants that is fully collected on rent. Additional opportunity to increase market rents and charge for parking.

Property Details for 2222 West Belden Avenue

Area
CHI - Logan Square
Subdivision
Bucktown
Township
West Chicago
Ownership
Fee Simple
Num Of Parking Spaces
3.0
Num Of Cars
3.0
Heat/Fuel
Space Heater/s
Zoning
MULTI

Location

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LISTING UPDATED: 10/17/2022 08:29 AM

Property Details for 2222 West Belden Avenue

StatusClosed
MLS #11462084
Days on Market92
Taxes$12,305 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1899
Lot Size0.06 AC / 2,400 SF
CountyCook County

Location

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Building Information for 2222 West Belden Avenue

Stories-Residences3Year Built1899Building Size-Lot Size0.06 AC / 2,400 SF

Payment Calculator

$6,537 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,512

Property Taxes

$1,025

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2222 West Belden Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Street
  • Parking On Site: true
  • Parking Ownership: Owned
Property Information
Interior Features
  • Num Of Rooms: 11
  • Bedrooms (Below Grade): 0
  • Basement Type: Full, Walkout
  • Bedrooms Possible: 7
  • Basement Description: Partially Finished
  • # Full Baths in Building: 5
  • # Half Baths in Building: 0
  • Num of Baths: 5.0
Utilities / Equipment
  • Sewer: Sewer-Storm
  • Water: Lake Michigan
  • Other Equipment: Ceiling Fan(s)
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2011
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 24 X 100
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 2300
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 2222
  • 3 Br Un In Bldg: No
  • Conversion: N
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 0
  • Photos Count: 36
  • Deconversion: N
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $80,400.00
  • Net Operating Income: $54,828.00
  • Other Expenses $: 23980
Unit 1
  • Unit Type Actual Rent: $2,795.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 4/23
Unit 2
  • Unit Type Actual Rent: $2,085.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 08/22
Unit 3
  • Unit Type Actual Rent: $1,925.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 07/23

Property History for 2222 West Belden 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 2222 West Belden Avenue

Taxable ValueLand$16,450Additions$45,975Total$62,425
Tax Record2022$12,884 ($1,074 / month)
Home Facts
Baths3Total Finished SqFt2,452 SqFtAbove Grade Finished SqFt2,452 SqFtStories2Lot Size2,350 SqFtStyleMulti-Family Res (5+ Units)Year Built1898CountyCOOKAPN14-31-104-032

Schools near 2222 West Belden Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Public - PK to 8
Rating
School
Distance
Pulaski International School of Chicago
PublicPK to 8

Clemente Community Academy High School
Public9 to 12

CICS Bucktown
CharterK to 8

Drummond Elementary School
PublicPK to 8

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

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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.

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. Based on information submitted to the MLS GRID as of 10/17/2022 08:29 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.