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    4620 Belmont Ave Chicago, IL 60641
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    Property profile & analytics

    4620 Belmont Ave, Chicago, IL 60641

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    • Grocery and convenience stores
    • 32,800 SF
    • 2.88 lot acres
    Off-Market
    Last Sale Feb 6, 2024
    Property ID
    US28-2533807
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $5,890,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 4620 Belmont Ave

    Year built
    1918
    Lot size
    2.88 lot acres
    Property type
    Grocery and convenience stores
    APN
    13-22-321-013
    APU
    1322321013

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 6, 2024 — Regalo Properties LLC Paul Butera Intrafamily Transfer · related —
    Sep 5, 2007 — Paul Butera Joe & Paul INC Quit Claim Deed · related —
    — — Paul Butera — Deed Of Trust · related $5M · Certified Grocers Midwest INC

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $7,565,000
      6.5%
      $6,980,000
      7%
      $6,485,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,506,000
      Market price range: $2.13M - $6.51M
      AI Estimate
      $4,188,000
      Market price range: $1.33M - $4.19M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $4,245,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $7,840,000
      Change: +85% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $6,860,000
      Change: +62% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $6,000,000
      Change: +41% Conversion: Difficult
      OFFICE BUILDING
      $4,420,000
      Change: +4% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7427
    Latitude
    41.9398
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $268,501
    $375,750
    $925,043
    $1,300,793
    -
    $1,503,000
    $3,700,172
    $5,203,172
    More about this property
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