About 3716 West Belmont Avenue
Prime Avondale investment opportunity! This 4-unit mixed-use building features two live/work units on the ground floor and two residential apartments above. With quality updates completed within the past 10 years, this property is ideal for long-term investors seeking strong, stable income. Offering a 6.67% cap rate, it's a perfect fit for a growing portfolio or 1031 exchange. Situated in the heart of Avondale-one of Chicago's fastest-rising neighborhoods and nationally ranked among the hottest in the country-this building benefits from high visibility, excellent transit access, and close proximity to local dining, retail, and major expressways. A rare opportunity in a high-demand corridor.
Features of 3716 West Belmont Avenue
| MLS® # | 12436480 |
|---|---|
| Price | $999,900 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1914 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 3716 West Belmont Avenue |
|---|---|
| Area | CHI - Avondale |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60618 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|
Additional Information
| Days on Market | 75 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Jameson Sotheby's Intl Realty |
|---|---|
| Contact Info | 312-751-0300 |