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Financial
Distress signals
Property profile

3942 Belmont Ave Chicago, IL 60618

OFF-MARKET
Auto shops
Property ID
US28-1090688
2,400 SF 0.09 ac lot Built 1931
Last sale Feb 2020 · $2,362,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 3.89-acre mixed-use development opportunity in Chicago's Avondale neighborhood presents a unique chance to create a vibrant community gateway. Located at the intersection of Belmont Avenue, Pulaski Road, and Milwaukee Avenue, this property offers approximately 169,448 square feet of land zoned B3. The site is ideally suited for a mixed-use development, potentially including apartments, townhomes, retail, and commercial spaces, with ample parking. The project envisions a 300+…

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?
$23k
Tax billed · 2022
Assessed value$111k
Assessed land$17k
Assessed improvement$94k
Effective rate20.64%

Value estimate

· Oct 2026
$2.32M
$2.08M – $2.55M
AI approach$2.69M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$120/SF
Submarket average, outlier-cleaned · 349 recorded sales of this use type
Observed band · Q1–Q3$52 – $212

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.5
Nursing Home9.8
Assisted Living Facility9.4

Location

3942 Belmont Ave Chicago, IL 60618-5102
County assessor Recorded deeds · 3 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
2140 Irving Park, Chicago, IL 60618-3975 $1,132,000 Dec 2025 1,900 SF
3100 Kedzie, Chicago, IL 60618 $500,000 Jul 2023 2,300 SF
2944 Leavitt, Chicago, IL 60618-8115 $700,000 Sep 2022 2,300 SF
3444 Montrose, Chicago, IL 60618-1138 $320,000 Feb 2022 2,500 SF
3276 Milwaukee, Chicago, IL 60618-5106 $469,000 Feb 2021 2,300 SF
4028 Kedzie, Chicago, IL 60618-2416 $2,084,500 Feb 2021 3,000 SF
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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