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1431 W Belmont Avenue

Chicago, Illinois 60657


Anne Gain
269.277.6077

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$925,000


Property Type
Multiple Family
Neighborhood
Lakeview


Cash flow like crazy with strong rental upside in a core, Lakeview location! This newly rehabbed 4 unit building is ideally located just steps from the Southport Corridor, new Target and Whole Foods, and public transit galore! Inside, all units have brand new kitchens and baths finished with quartz counters and subway tile, stainless steel appliances and shaker cabinets. Each unit is individually metered and has central heat (new or newer furnaces) and air (all compressors brand new); was professionally painted throughout; and has brand new or refinished hardwood flooring. Exterior capital improvements include new siding, new deck to code, and roof newly rolled and sealed. All apartments were rented this winter offseason, so there is a prime opportunity for a new owner to immediately increase rents to market when leases turn over this summer. Parking pad in back for three cars, and coin laundry (machines owned) in the basement for extra income.



Full Features
Basement: Unfinished
First Floor Master Bedroom: No
Fireplace: No
Pool: No
Square Feet: N/A
Tax Amount: $11,815
Built: 1888
Parking Spaces: 3
Cooling System: Central Air
Stories: 3
Zoning: MULTI
Current Net Income: $62,415
Unit 1: 3 room(s) / 1 bed(s) / 1 bath(s)
Unit 2: 4 room(s) / 1 bed(s) / 1 bath(s)
Unit 3: 4 room(s) / 2 bed(s) / 1 bath(s)
Unit 4: 7 room(s) / 3 bed(s) / 2 bath(s)


Taxes & Assessments
Taxes: $11,815

Listing Office: American Realty Network Inc.

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Lakeview photo


Lakeview

Chicagoans will find more than a few of their favorite things in Lakeview, one of the largest neighborhoods on the city’s North Side. There’s Lakeview’s proximity to the beach and the Loop, easy public transit via Lakeshore Drive as well…

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Nearby Public Transportation

CTA Rail

at Southport (0.31 miles away), Belmont

Metra
Union Pacific North, Union Pacific Northwest

at Clybourn Metra (1.57 miles away), Clybourn







1431 W Belmont Avenue Chicago, Illinois 60657 is a multiple family property, which sold for $925,000. Want to learn more about 1431 W Belmont Avenue Chicago, Illinois 60657? Contact an @properties agent to request more info.


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