Brick 9-Unit Multifamily
For Sale
Contact for pricing
Pending
3901 W BELDEN Street, Chicago, IL 60647
Legal 9-unit brick building with eight units rehabbed in 2018 and ADU zoning plus basement space for additional unit use.
Property SizeContact for details
Days on Market105
Property Features for 3901 W BELDEN Street
General Information
Standard status
Pending
Property subtype
Multifamily
Zoning
MULTI
Additional Details
Business Included
Yes
Multifamily Units
9
Building Details
Year Built
1909
Year Renovated
2018
Stories
2
Units
9
Tenancy
Multi
Listing Agency:
Triton Realty Group LLC
Listed By:
Alexander Summers
Source:
Crexi
Added: Apr 29
Changed: Aug 8
Last Checked: Jul 24 at 5:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Triton Realty Group LLC
Investment Insights
Based on property information with market context.
This is a legal 9-unit brick multifamily building in Chicago, with an apartment mix of (2) three-bedroom/one-bath units and (6) two-bedroom/one-bath units. Eight of the units were rehabbed in 2018 with updated finishes including white shaker-style cabinets, quartz countertops, stainless steel appliances, hardwood flooring, and updated bathrooms. The ninth unit is presented as a blank canvas for renovation to bring it in line with the other units.
The building is located in an ADU zone and includes basement space that is described as suitable for a 10th unit. The property has been maintained by professional management.
Overall, the existing configuration supports immediate operation with eight rehabbed apartments while also offering a clear path to improve the remaining unit through renovation, supported by the additional described basement space and ADU zoning.
The building is located in an ADU zone and includes basement space that is described as suitable for a 10th unit. The property has been maintained by professional management.
Overall, the existing configuration supports immediate operation with eight rehabbed apartments while also offering a clear path to improve the remaining unit through renovation, supported by the additional described basement space and ADU zoning.
Key Highlights
- Legal 9‑unit brick multifamily building with (2) 3BR/1BA apartments and (6) 2BR/1BA apartments
- Eight units were rehabbed in 2018 with updated bathrooms, hardwood floors, white shaker‑style cabinets, quartz countertops, and stainless steel appliances
- Ninth unit is ready for renovation to match the other rehabs and increase rental income
Property Analytics
Current Use
Lease Details
9
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,376
Businesses Nearby
Explore this area
Business Placement
Demographics for 60647, IL
85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Legal 9-unit brick building with eight units rehabbed in 2018 and ADU zoning plus basement space for additional unit use.
Where is this apartment building located?
The property is located at 3901 W BELDEN Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: Legal 9‑unit brick multifamily building with (2) 3BR/1BA apartments and (6) 2BR/1BA apartments; Eight units were rehabbed in 2018 with updated bathrooms, hardwood floors, white shaker‑style cabinets, quartz countertops, and stainless steel appliances; Ninth unit is ready for renovation to match the other rehabs and increase rental income
