Bought with Joelle Morken of Coldwell Banker Realty
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6229 W Belmont AVE Chicago, IL 60634
3,049 Sqft Lot
Key Details
Sold Price -
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12564712
Sold Date -
Year Built 1955
Annual Tax Amount $13,218
Tax Year 2024
Lot Size 3,049 Sqft
Lot Dimensions 50X150
Property Sub-Type Multi Family 5+
Property Description
6229-31 W. Belmont is a 6-unit multifamily asset offered as part of the Gary R. Carlson Northwest Side Portfolio, located in Chicago's Belmont Cragin neighborhood. The building features six residential units, consisting of two 1-bedroom apartments and four 2-bedroom apartments, offering a desirable and efficient unit mix for this renter-driven corridor. Built in 1959, the property includes 6 rear surface parking spaces and features a clean, functional layout supported by tenant-paid electric and cooking gas and a building-owned laundry setup. Tear off roof - 2014; Newer boilers (replaced in the last 4 years). 6 new heating pumps; all newer circuit-breakers and other electrical components (2017). Positioned along the active Belmont Avenue commercial strip, the asset benefits from strong neighborhood amenities, public transit access, and consistent rental demand, making it a compelling opportunity for investors seeking stable cash flow with operational upside
Location
State IL
County Cook
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
Roof Type Composition
Building
Foundation Concrete Perimeter
Structure Type Brick
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