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Property profile

1423 Belmont Ave C Chicago, IL 60657

OFF-MARKET
Office Spaces
Property ID
US28-2655095
Last sale Dec 2024 · $215,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 950-square-foot retail building presents a prime investment opportunity in Chicago's vibrant Belmont Avenue area. Constructed in 2008, the property boasts a modern design and layout, suitable for a variety of retail uses. The building is currently vacant, offering immediate occupancy for a new tenant. Its B3-2 zoning allows for flexible commercial applications, maximizing potential returns for investors. The property's location ensures high visibility and accessibility,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$9k
Tax billed · 2022
Assessed value$43k
Assessed land$8k
Assessed improvement$35k
Effective rate21.14%

Value estimate

· Oct 2026
$215k
$194k – $237k
AI approach$215k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$135/SF
Submarket average, outlier-cleaned · 152 recorded sales of this use type
Observed band · Q1–Q3$51 – $278

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Food Market
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Food Market14.7
Laundromat12.6
Auto Parts Store9.9

Location

1423 Belmont Ave, Unit C Chicago, IL 60657-9479
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1702 Belmont Ave, Chicago, IL 60657-3020 $190,000 Feb 2025 No data
3539 Southport, Chicago, IL 60657-6447 $1,000,000 Jan 2025 No data
1109 Belmont Ave, Chicago, IL 60657-7025 $255,000 Nov 2024 No data
3011 Ashland Ave, Chicago, IL 60657-3083 $520,000 Nov 2024 No data
3125 Lincoln Ave, Chicago, IL 60657-7505 $365,000 Oct 2024 No data
3110 Sheridan, Chicago, IL 60657-4944 $245,500 Apr 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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