4412 Belmont AveChicago, IL 60641

This mixed-use, two-unit apartment building at 4412 W Belmont Ave in Chicago, IL, presents a compelling investment opportunity. The 3,000 square foot building, constructed in 1920, sits on a 3,360 square foot lot and is zoned C1-1, offering flexibility for various uses. Currently, the property has 50% occupancy, with two units available, each priced at $209,500. The building features a full basement, a newer roof and gutters, and a recently updated heating system. Additional amenities include a two-car garage and a spacious backyard. The asking price for this value-add investment is $419,000, translating to $139.67 per square foot. The property's location on Belmont Avenue in the Irving Park neighborhood provides excellent visibility and access to local amenities. The existing retail lease and vacant apartment unit offer immediate income potential and the opportunity to increase rental revenue through renovations and improved occupancy. This property is an ideal choice for owner-users or investors seeking a strong foundation for long-term growth in a desirable Chicago location. The Cook County Assessor's Parcel Number (APN) is 13-22-323-038-0000. The property's two stories provide ample space, and the building's solid foundation makes it a sound investment.