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Listed by Matthew Fritzshallof Triton Realty Group LLC
$3,995,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12630941
Year Built 2024
Annual Tax Amount $37,219
Tax Year 2024
Lot Dimensions 12500
Property Sub-Type Multi Family 5+
Property Description
5416-5422 W. Belmont Ave., a newly constructed mixed-use apartment building located in the rapidly appreciating Belmont Cragin neighborhood. This modern three-story property offers a prime investment opportunity in a flourishing area of Chicago. Situated close to popular dining, shopping, and recreational destinations, the building is ideally positioned in the heart of the up-and-coming submarket. The building features three commercial spaces and three ARO/ADA-accessible 2-bedroom apartments on the ground floor, with 12 luxurious 2-bedroom, 2- bathroom residential units on the upper levels. Each residential unit boasts high-end kitchens, elegant bathrooms, built-in closets, in-unit laundry, central HVAC, and high end windows, blending contemporary style with modern functionality. Interiors are finished with premium Lifeproof flooring, sleek light grey walls, and crisp white trim, creating a sophisticated and contemporary atmosphere. The spacious kitchens are equipped with quartz countertops, soft-close cabinets, and high-quality appliances, including fingerprint-resistant stainless steel refrigerators/freezers and 30" gas ranges with stainless steel microhoods. Select units feature private balconies, and surface parking is available with alley access. With its superior construction, modern amenities, and a location in a neighborhood with high growth potential, this building represents an exceptional investment opportunity.
Location
State IL
County Cook
Rooms
Basement None
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Structure Type Steel Siding
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