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    1150 W Belmont Ave Chicago, IL 60657

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    For Sale
    $975,000

    Mixed-use building with storefronts and apartments in central Lakeview.

    Property Features for 1150 W Belmont Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1915

    Source: URBANITAS INC. Agent LEOPOLDO SAUCEDO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakeview Mixed-Use Building For Sale

    This mixed-use building is situated in the center of Lakeview. The building features two separate storefronts on the main level, with two apartment units located on the second and third floors. Both apartment units share the same layout, consisting of a kitchen, formal dining room, living room, two bedrooms, and a full bath. An unfinished basement offers potential for customization. The property also includes a large backyard suitable for outdoor recreation. Its location provides convenient access to shopping and mass transit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Uplift Strength and Wellness Personal Trainer

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6585712
    Latitude
    41.940081

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with storefronts and apartments in central Lakeview.
    Where is this mixed-use property located?
    The property is located at 1150 W Belmont Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Mix-use building featuring two storefronts and two apartments.; - Conveniently located in the center of Lakeview.; - Two apartment units with identical layouts: kitchen, formal dining room, living room, 2 bedrooms, and a full bath.
    Request Owner's contact information
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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
    1150 W Belmont Ave Chicago, IL 60657
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