901 W Belmont AVE new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60657
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12344673
Year Built 1905
Annual Tax Amount $27,395
Tax Year 2023
Lot Size 5,227 Sqft
Lot Dimensions 37.5 X 148
Property Sub-Type Multi Family 5+
Property Description
37.5'x148' Lot, Zoned B3-3, TOD, There are 2 Commercial spaces, 4 Studio apartments recently renovated and ready to rent and 4 more units(2- studios and 2- 1bedrooms) that are being gutted and converted to 2- 2bedroom apartments. Bldg Survey and Drawings available for the 2 bedroom renovations under "Additional Info" tab. The entire property is vacant.There is also an additional structure on the back half of the property that was previously rented as a 4 bed 2 bath duplex coach house but is currently not viable/legal to rent. The property has great potential given the location, size and zoning. There is a new 5 story, 46 unit project by Mavrek Development scheduled to break ground in May 2025 located just steps away at 925 W. Belmont.
Location
State IL
County Cook
Area Chi - Lake View
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 3