Active · For Sale · Multi Family 5+

2120 W BELMONT Avenue, Chicago, IL 60618

MLS #12684987

2120 W BELMONT Avenue, Chicago, IL 60618
2120 W BELMONT Avenue, Chicago, IL 60618CRER
2120 W BELMONT Avenue, Chicago, IL 60618

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2120 W BELMONT Avenue, Chicago, IL 60618

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The property

Executive summary

Fully renovated 6-unit mixed-use building located in the highly desirable Roscoe Village neighborhood. The property underwent a complete gut renovation and reconfiguration in 2020, creating modern layouts with king-sized bedrooms, added closet space, and sleek contemporary finishes throughout. Designed for low maintenance and strong tenant appeal, the building offers a stable monthly rent roll exceeding $18,000. The property also includes a long-term commercial tenant with a national presence, providing additional income stability. A turnkey investment opportunity in a high-demand North Side location with strong income and minimal capital needs.

Investor Resource

Property Intelligence

Financial Snapshot

Reported Annual Income
$216,820
Reported Annual Expenses
$30,041
Estimated NOI
$186,779
Estimated Cap Rate
6.55%
Estimated GRM
13.14
Annual Taxes
$22,000 (2024)

Property Details

Units
6
Building Size
6,528 SF
Lot Size
3,125 SF
Lot Dimensions
25 X 126
Stories
3
Year Built
1903
Building Age
New Rehab
Construction
Brick
Roof
Flat, Membrane
Zoning
MULTI
Parcel Number
14193300380000

Operations & Utilities

Heating
Forced Air, Gas, Separate Per Unit
Cooling
Central Air
Tenant Pays
Electricity, Heat
Electric
Circuit Breakers, Separate Meters, Service - 101 to
Utilities
Sewer Connected, Water Available

Location & Use

County
Cook
Market Area
Chicago - North Center
Township
North Chicago
Present Use
Multi-Family
Potential Use
Commercial, Condominium, Mu
Location
Mixed Use Area, Public Transport Avail, In City Limits, High Traffic Area
Frontage
City Street

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.