Chicago, IL 60618,2858 W Belmont AVE

$3,167,500

$3,250,000

2.5%
Est.Price: ?

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Est. payment /mo

10,200 SqFt


SOLD DATE : 02/08/2023

Key Details

Sold Price $3,167,500

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 10,200 sqft

Price per Sqft $310

MLS Listing ID 11391500

Sold Date 02/08/23

Maintenance Fees $12,100

Year Built 2019

Annual Tax Amount $41,386

Tax Year 2020

Lot Dimensions 50X120

Property Sub-Type Multi Family 5+

Property Description

This proportion is a unique newer construction property in the heart of "up-and-coming" Avondale. This 2018/2019 property boasts 6 beautiful large units with 6 parking spots. There are 2x 3-bedroom 2-bath duplex up with private balconies on the rooftop and balcony off the bedroom, 2x 3-bedroom 2-bath units on the second floor with private balconies off the back, and 2x 4-Bedroom 3-bath duplex down with balconies off the back as well as extra storage. Each unit consists of 12-foot ceilings, condo-quality finishes at every level, attention to detail for maximizing storage space, private balconies, larger than average bedroom sizes, and open floor plans, everything tenants are looking for in new construction units. Units rent quickly and show extremely well. There are 4 garage parking spots with 2 private pads in the back. 4 of the 6 will expire in late 2023. Tenants are a 3-minute drive from I-90 with easy access North & South. They are one block away from Elston to head to and from the city. Street parking is free on side streets. Avondale is known for having that suburban feel but still being in the city. This is a great opportunity to own a larger-sized property and perfect for a new investor, out-of-state 1031 exchange buyer, or suburban investor breaking into the city.

Location

State IL

County Cook

Area Chi - Avondale

Interior

Cooling Central Air

Fireplaces Number 6

Fireplace Y

Building

Level or Stories 3

Structure Type Block

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Midwest Real Estate Data (MRED) IDX
Listed by Oliver Stone • S Hansen Realty Inc.
Bought with Teresa Sabramowicz • Sab-Net Realty
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1941 N Elston Ave, Chicago, IL, 60642, USA

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