7107 W Belmont Avenue, Chicago, IL 60634
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7107 W Belmont Avenue, Chicago, IL 60634
7107 W Belmont Avenue, Chicago, IL 60634
7107 W Belmont Avenue, Chicago, IL 60634
7107 W Belmont Avenue, Chicago, IL 60634
Listed by Pearl Parkof Coldwell Banker Realty
Bought with Kathryn Festen of Baird & Warner Real Estate - Algonquin

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7107 W Belmont Avenue Chicago, IL 60634

8,000 SqFt


Key Details

Sold Price -

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 8,000 sqft

MLS Listing ID 11426772

Sold Date -

Year Built 1960

Annual Tax Amount $13,650

Tax Year 2020

Lot Dimensions 97X256X52X45X136

Property Sub-Type Mixed Use

Property Description

Coldwell Banker Commercial Realty is pleased to exclusively present this fully occupied 8000 SF mixed use asset consisting of (6) retail/office/apartments with long-term tenants in place. The brick building is located on high traffic Belmont Ave, seeing 17,614 VPD with 3 different entrances. Recent renovations include a new front entrance with 3 storefront windows off of Belmont, making two total storefronts. The building houses 3 medical practices, a pharmacy, a health insurance office, & a residential unit. The property features a private parking lot in back with a total of 26 spaces with additional parking in front along Belmont, 10 gas meters, separate electric meters, & a CTA bus stop in front of the building. Positioned in a vibrant submarket with businesses all around, this opportunity is low maintenance & will continue to generate positive cash flow for the savvy investor with value add in the raising of the rents.

Location

State IL

County Cook

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

Building

Structure Type Brick

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Wade Marshall

Wade Marshall

Real Estate Advisor License ID: 475.129060

+1(773) 450-1247

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