6133-6135 W Belmont Avenue
Chicago, IL 60634

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Description

Mixed-use investment opportunity in Belmont Cragin with adjacent vacant lot vacant lot. Masonry brick 6-unit building consisting of four residential apartment units and two street-level retail units. The residential units are all 2-bedroom / 1-bath layouts, while each retail space is approximately 1,850 square feet. The property features separate in-unit furnaces, central air conditioning, in-unit electrical panels, and separate utilities with tenant-paid electric and gas. Additional features include owner-owned coin-operated laundry, and six rear surface parking spaces. Zoned B3-1 and renovated approximately in 2015. 25x125 lot next door is included in price and can be used or parking/storage or future development. Sold as-is.

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active Under Contract
• County/Area: Cook County
• Zip Code: 60634
• Year Built: 1963
• Sq.Ft.: 7,400 sq ft
• Stories: 2
• Units: 6 units
• # Of Apts: 4
• # Of Dishwashers: 4
• # Of Dryers: 1
• # Of Offices: 2
• # Of Ranges: 4
• # Of Refrigs: 4
• # Of Washers: 1
• Additional Parcels: Yes
• Approximate Age: Older
• Building Area Total: 7400
• Built Before 1978 (Y/N): Yes
• Cooling: Central Air
• Directions: Located on Belmont Ave two blocks west of Austin Ave.
• Electric: Separate Meters
• Electric Expense: 452
• Expense Year: 2025
• Fuel Expense: 6207
• Geographic Locale: Chicago Northwest
• Gross Income: 89400
• Gross Rent Multiplier: 8.84
• Gross Scheduled Income: 90360
• Heat/Ventilation: Central Heat/Indiv Controls, Forced Air
• Information: List Broker Must Accompany, 48-Hr Notice Required
• Insurance Expense: 8788
• Lot Size Square Feet: 9375
• Main Type: Commercial Sale
• Operating Expense: 46405
• Original Rental Price: 12.5
• Other Expense: 11942
• Other Expense Source: Combination
• Property Sub Type: Mixed Use
• Rental Price: 12.5
• Tax Annual Amount: 16229
• Tax Year: 2024
• Total Annual Expense Source: Combination
• Total Monthly Income: 7530
• Trash Expense: 1092
• Water Sewer Expense: 1695