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    6323 W Belmont Ave Chicago, IL 60634

    For Sale
    $625,000

    Mixed Use - Chicago, IL

    Type:Mixed Use
    Property size:
    3,600 SF
    Days on Market:
    296
    Last Refresh:
    Dec 10 at 4:06 pm

    Property Features for 6323 W Belmont Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    COMMR
    APN
    13291000180000
    Size
    3,600 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1955
    Number of units
    4
    Architectural style
    Other

    Real People Realty (708) 634-0103 [email protected]

    Listing agent Miguel Pichardo (708) 634-0103 License #475125372

    Listing date Feb 18, 2025

    MLS# 11902538 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Chicago

    This is a four-unit, front brick building suitable as an investment property. The property features a prime commercial location and includes two commercial units and two apartments, each with two bedrooms and one bathroom. The building is situated in the Belmont Central location. The total living area of the property is 3600 square feet. The zoning is designated as COMMR. The property is located in Chicago, Illinois, with a postal code of 60634, situated in Cook County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Marelys Cafe Cafe

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.784544566522
    Latitude
    41.9381781

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    FAQs

    What type of property is this?
    Mixed-use property - Four-unit building with commercial and residential spaces in prime location.
    Where is this mixed-use property located?
    The property is located at 6323 W Belmont Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Four-unit building with a mix of commercial and residential spaces; - Prime commercial location offering excellent visibility; - Attractive front brick building
    (708) 634-0103
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    6323 W Belmont Ave Chicago, IL 60634
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    Chicago, IL 60634
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6323 W Belmont Ave Chicago, IL 60634
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