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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