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About This Home

This 0-bedroom, 0-bathroom commercial at 3716 W BELMONT Avenue in Chicago, IL is listed for $999,900. Built in 1914, on a 0.08 acres lot.

Agent Description

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.

Key Features

  • Built in 1914
  • 0.08 acre lot
  • 2 stories

Property Details

2 stories
1914

Amenities

A/C

Monthly Cost Estimate

$5,348/mo

20% down · 6.5% · 30 years

Principal$723
Interest$4,333
Insurance$292

Estimates only. Actual payments may vary.

Location

3716 W BELMONT Avenue

Chicago, IL 60618

Property Details

Construction

Brick

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 3716 W BELMONT Avenue is listed at $999,900. The estimated monthly payment is $4,333 based on 20% down at 6.5% interest.

Key features include: Built in 1914, 0.08 acre lot, 2 stories.

This property is listed by Mark Raffaelli and can be reached at (312) 335-3291 or mark@raffaelligroup.com.

MR

Mark Raffaelli

Agent at Jameson Sotheby's Intl Realty

(312) 335-3291

Listed by Jameson Sotheby's Intl Realty

MLS# 12436480· Source: listhub· Updated 303 days ago

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3716 W BELMONT Avenue, Chicago, IL 60618

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