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Listed by Kieran Fahyof Fahy Real Estate Inc
$ 1,195,000
Est. payment /mo
Active Under Contract
4350 W Belmont Avenue Chicago, IL 60641
12 Beds
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12510059
Bedrooms 12
Annual Tax Amount $9,877
Tax Year 2024
Lot Size 3,920 Sqft
Lot Dimensions 34X125
Property Sub-Type Two to Four Units
Property Description
Introducing Flats on Belmont, the ultimate house hacking opportunity offering 4 different floorplans with 9 full bathrooms or a perfect armchair investment generating an impressive 7.12 CAP. Newly completed in 2022, this boutique 4-unit apartment building sits perfectly on the cusp of Avondale & Kilbourn Park, providing both convenience and modern living. The original structure was fully gutted to the brick shell and rebuilt with full permits, delivering a like-new property finished to the highest standards. No detail was overlooked-including the roof, plumbing, electrical, windows, insulation, doors, flooring and mechanicals featuring Ducane furnaces and TRANE ac condensers ensuring HVAC reliability and durability. Each apartment offers individual in-unit washer/dryers for tenants convenience. The building also features a rear parking pad that can accommodate 4 vehicles. Each unit is flooded with natural light and showcases an open-concept layout, seamlessly blending the chef's kitchen-complete with stainless steel appliance package, white cabinetry, and quartz countertops-into spacious living and dining areas. Sleek modern bathrooms and well-planned floorplans complement today's lifestyle, making this property attractive to both renters and owner-occupants. Whether you're looking to live in one unit and rent the others or add a high-yield, low-maintenance asset to your portfolio, Flats on Belmont is a rare opportunity to own a like-new, turnkey multi-unit property in a rapidly appreciating neighborhood currently experiencing excellent growth and expansion
Location
State IL
County Cook
Community Park, Curbs, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Finished, Egress Window, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
View Y/N true
Roof Type Rubber,Flat
Building
Foundation Brick/Mortar, Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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