Cragin

5534 W Belmont Avenue

$570,000

● Commercial - Off Market

5534 W Belmont Avenue

Chicago, IL 60641

Studio

0 Bath

$639,992

RealtyHop Estimate

3.39%

Since Sep 1, 2022

National-US

Primary Model

About This Property

In the heart of "Belmont Cragin" commercial area, Belmont Ave & Central Ave. Capitalization Rate 9.5. Four Commercial front stores with B1-2 Zoning in one Pin #. Fully rented with very well stablished tenants. Great visibility, great pedestrian traffic. All brick. All flat roof. Two Stores with 2,000 sf each and two stores with 1,000 sf each. All with forced air central heating and A/C. In excellent condition, Aluminum/glass fronts. Do not disturb tenants, inside showings only with appointment.

Unit Size

Days on Market

Land Size

0.21 acres

Price per sqft

Property Type

Commercial

Property Taxes

$1,920

HOA Dues

Year Built

1928

Payment Calculator

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Last updated: 3 years ago (MRED MLS #11413367)

Price History

Date / Event	Date	Event
Aug 30, 2022	Sold	Premium
Sold
May 23, 2022	Listed by Inter-City Realty, Inc.	$619,000
Listed by Inter-City Realty, Inc.

Property Highlights

Air Conditioning

Exterior Details

Exterior Building Type: Brick

Parcel Number: 13213270200000

Property Type: Commercial Sale

Property Sub Type: Neighborhood Storefront

Year Built: 1928

Building Area Total: 6000

Construction Methods: Brick, Stone

Roof: Rubber

Lot Size Square Feet: 9178

Lot Size Dimensions: 75X126

Financial Details

Tax Year: 2020

Tax Annual Amount: $23,043

Utilities Details

Cooling: Central Air, Central Individual

Location Details

Township: Jefferson

Directions: Belmont Ave (3400 W), to property.

County or Parish: Cook

Other Details

Some Photos Virtually Staged (Y/N): No

Request mortgage information redaction

Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20220523 05/23/2022		Loft	-	-	$619,000 Loft -	$570,000 -7.92% 08/30/2022	Maria Jerusalimiec Inter-City Realty, Inc.
20190801 08/01/2019		Studio	-	-	$599,900 Studio -	- -	-

Building Info

5534 West Belmont Avenue 5534 West Belmont Avenue, Chicago, IL 60641

More about this Building

Want to find out who owns 5534 West Belmont Avenue, Chicago, IL 60641? Get detailed property transactions here.

About Northwest Side

Stats & Trends

Median Asking:

$524,900

Sale Price/ft²

$283

Below Asking

0.01%

Average Days on Market

Average Home Size

1287 ft²

Average Home Age

77.1 years

Currently For Sale

783 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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$1,200 /mo

1 Bed
1 Bath
550 ft²

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Listed by: Maria Jerusalimiec, Inter-City Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11413367

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.