2858 West Belmont AvenueChicago, IL 60618Price: $3,250,000

  • Price: $3,250,000
  • 19 Days on Market
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Federal 30-year interest rate: 5.25% last updated on May 19, 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.
  • 10,200Square Feet
  • 2019Year Built

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This proportion is a unique newer construction property in the heart of "up-and-coming" Avondale. This 2018/2019 property boasts 6 beautiful large units with 6 parking spots. There are 2x 3-bedroom 2-bath duplex up with private balconies on the rooftop and balcony off the bedroom, 2x 3-bedroom 2-bath units on the second floor with private balconies off the back, and 2x 4-Bedroom 3-bath duplex down with balconies off the back as well as extra storage. Each unit consists of 12-foot ceilings, condo-quality finishes at every level, attention to detail for maximizing storage space, private balconies, larger than average bedroom sizes, and open floor plans, everything tenants are looking for in new construction units. Units rent quickly and show extremely well. There are 4 garage parking spots with 2 private pads in the back. 4 of the 6 will expire in late 2023. Tenants are a 3-minute drive from I-90 with easy access North & South. They are one block away from Elston to head to and from the city. Street parking is free on side streets. Avondale is known for having that suburban feel but still being in the city. This is a great opportunity to own a larger-sized property and perfect for a new investor, out-of-state 1031 exchange buyer, or suburban investor breaking into the city.

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Listed by Oliver Stone of S Hansen Realty Inc.

Based on information submitted to MRED  as of May 20, 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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