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Listing provided courtesy of Jameson Sotheby's Intl RealtyMREDas Distributed by MLSGrid- MLS# 12436480MLS Provider

3716 W BELMONT AvenueChicago, IL 60618

Commercial · 3,304 Sq. ft.
$999,900 Active

3716 W BELMONT Avenue Overview

Time on Site:
331 days
Visits:
1

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.

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3716 W BELMONT Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 3,304
  • Price/Sq.ft. $303

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 6825
  • Gross Scheduled Income: 81800
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Operating Expense: 15301
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1914

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Avondale
  • Township: Jefferson

Tax Information

  • Tax Annual Amount: $8,301.00
  • Tax Year: 2023

General Information

  • Parcel Number: 13233300330000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

Building Interior

  • Building Area Total: 3304

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 3696
  • Lot Size Square Feet: 3696

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 4

3716 W BELMONT Avenue Neighborhood

Community

60618 (Chicago) Demographics

34
Median Age
18,700
Population Density (per sq. mile)
56%
College Educated
$85,443
Estimated Median Income
17,732
Estimated Total Home Owners
18,219
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3716 W BELMONT Avenue Monthly Cost

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Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3716 W BELMONT Avenue Market Data

Based on the last 30 days in this zip code

$936,559
Average List Price
$465
Average Price per Square Foot
66
Properties Sold
72
Average Days on Market
152
Properties for Sale
Calculations provided by Reliance Network

3716 W BELMONT Avenue History

Date Event Value Agent
8/7/2025Source: MRED Status Change
Active
8/2/2025Source: MRED Added to Database
August 02, 2025