901 W Belmont Avenue Chicago, IL 60657

Building Details

Year Built

1905

Listing office BUCKINGHAM PROPERTY MANAGEMENT INC j***@bpmlandlord.com Show Phone

Listing date Apr 29, 2025

Source Corcoran

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Investment Insights

Based on property information with market context.

This property features a 37.5'x148' lot with B3-3 zoning and TOD designation. It includes two commercial spaces and four recently renovated studio apartments ready for rental. Additionally, there are four more units currently undergoing renovation to be converted into two 2-bedroom apartments. Building survey and drawings are available for the 2-bedroom renovations. The entire property is vacant. There is an additional structure on the back half of the property that was previously rented as a 4 bed 2 bath duplex coach house but is currently not viable/legal to rent. The property's location, size, and zoning offer significant potential. A new 5-story, 46-unit project by Mavrek Development is scheduled to break ground in May 2025, located steps away at 925 W. Belmont.

Key Highlights

• Large 37.5'x148' Lot with B3‑3 Zoning and TOD designation.
• Prime location near a new 5‑story, 46‑unit development.
• Mix of commercial and residential units: 2 commercial spaces and 4 renovated studio apartments.

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FAQs

What type of property is this?

Apartment building - Vacant mixed-use property with commercial spaces and apartments near development.

Where is this apartment building located?

The property is located at 901 W Belmont Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $2,850,000.

What are key features of this property?

This property features: Large 37.5'x148' Lot with B3‑3 Zoning and TOD designation.; Prime location near a new 5‑story, 46‑unit development.; Mix of commercial and residential units: 2 commercial spaces and 4 renovated studio apartments.