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1117 Belmont Avenue in CHICAGO: CHI - Lake View Mixed Use for sale (Chicago North) : MLS®# 10092199

1117 Belmont Avenue CHICAGO 60657 : CHI - Lake View

Main Photo: 1117 Belmont Avenue in CHICAGO: CHI - Lake View Mixed Use for sale (Chicago North)  : MLS®# 10092199
$1,099,500
Prop. Type:
Mixed Use
MLS® Num:
10092199
Status:
Active
Year Built:
1906
Excellent Lakeview location - beautiful 3 story Graystone Victorian. Store plus two rental apartments. This property has been extensively rehabbed with updated electrical service, new heating & A/C for each unit. New kitchens and baths. New porches. New stainless steel appliances. In-unit laundry. This is one of Chicago's hottest neighborhoods. This is an excellent Armchair investment!
Belmont Ave just 3 blocks west of Sheffield & the CTA el stop (brown and red lines)
24-Hr Notice Required, Listing Agent Must Accompany, Show-Call Listing Office, No Sign on Property
Status:
Active
Listed Date:
Sep 24, 2018
Back on the market date:
Nov 13, 2018
Previous Price:
$1,200,000
Original Price:
$1,200,000
Original Rental Price:
$0
Property Type:
Mixed Use
Current Use:
Commercial
Potential Use:
Commercial, Residential-Multi-Family
Lot Area:
Switch units of measure3,100 sq. ft.
Land Location:
Mixed Use Area
Lot Dimensions:
25 X 120
Year built:
1906
Approximate Age:
Older
# Of Parking Spaces:
2
Outdoor Parking:
1-5 Spaces
Zoning:
OTHER
Air Conditioning:
Central Air
Heat / Ventialtion:
Forced Air, Gas
Construction:
Brick, Stone
Storeys:
3
Exterior Finish:
Stone
Fire Protection:
Smoke or Fire Protectors
Water Drainage:
Storm Sewers
Roof Structure:
Flat
Roof Coverings:
Rubber
Foundation:
Stone
Utilities To Site:
Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Community, Water to Site
Frontage Access:
City Street
Known Encumbrances:
None Known
Unincorporated:
No
Electrical Service:
101-200 Amps
Cook
LAKE VIEW
Other
Tax amount:
14554
Tax year:
2016
Parcel Number:
14292010020000
Business Ownership Type:
Corporation, Limited Liability Corp
Possession:
Closing
Sale Terms:
Conventional
Docks:
None
# Of Appartments:
2
# Of Dishwashers:
2
# Of Disposals:
0
# Of Dryers:
2
# Of Fireplaces:
2
# Of Offices:
0
# Of Ranges:
2
# Of Refrigerators:
2
# Of Tenants:
3
# Of Units:
3
# Of Washers:
2
Washer / Dryer Leased:
No
Tenant Pays:
Air Conditioning, Electric, Heat
Gross Rent Multiplier:
7.7
Cap Rate:
6.3
Gross Rental Income:
7710
Total Monthly Income:
7710
Net Operating Income:
75970
Total Annual Income:
92520
Electricity Expense:
0
Fuel Expense:
0
Insurance Expense:
1425
Other Expense:
0
Scavenger Expense:
0
Water Expense:
660
Total Annual Expense:
16550
Expense Year:
2017
Listing information last updated on November 27, 2018 at 12:16 PM (UTC)
Goldberg and Perl Realtors
Office:773-477-9700
Fax:773-549-1956
844 W. Armitage Ave.
Chicago, IL
60614 US
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