5059 West Belmont AvenueChicago, IL 60641Price: $1,250,000

  • Price: $1,250,000
  • 47 Days on Market
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Federal 30-year interest rate: 5.1% last updated on May 26, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1959Year Built

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Beautiful California style 12 unit building in the solid Belmont/Cragin neighborhood. Building was built approximately 1959 and consists of 12 units, all are 1 bedroom/1 bath apartments that have been lovingly cared for by the same local owners and the onsite manager for the past 20+ years. Over $200K spent in improvements. See attached list. 12 parking spaces included. Many long term tenants. Tenants pay electric & cable only. This property consists of 3 total lots with three separate PIN numbers. Property currently has a Class 9 incentive certificate which is expiring this year. New owners can renew or let it lapse. Perfect for the armchair investor. Please do not disturb the tenants.

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Listed by John Korolis of Prime Capital Real Estate

Based on information submitted to MRED  as of May 29, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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