Financial
Distress signals
Property profile

5031 W Belmont Ave Chicago, IL 60641

FOR SALE
Auto shops
Property ID
US28-2667569
3,600 SF 0.14 ac lot Built 1966
Last sale May 2018 · $137,500
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
5031 W Belmont Ave, Chicago, IL 60641 For Sale
$670,000 3,600 SF
5031 W Belmont Ave, Chicago, IL 60641
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$14k
Tax billed · 2022
Assessed value$68k
Assessed land$28k
Assessed improvement$41k
Effective rate20.57%

Value estimate

· Sep 2026
$315k
$284k – $347k
AI approach$240k
NOI build-up
Gross scheduled income$93k
Vacancy & credit loss−$8k
Operating expenses−$25k
NOI · 8.88% cap applied$59k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$183/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$66 – $222
Qualifying comparables6

Cap rate analysis

How does the asset earn?
8.88%
$59k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 Firm43.8
Realty agency20.4
Skin Care Clinic17.4

Location

5031 W Belmont Ave Chicago, IL 60641
County assessor Recorded deeds · 1 transfer 6 qualifying comp sales 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5035 Belmont, Chicago, IL 60641-4236 $545,000 May 2025 4,000 SF
4925 Belmont, Chicago, IL 60641 $610,000 Sep 2024 3,600 SF
4923 Belmont, Chicago, IL 60641-4332 $610,000 Jun 2024 3,600 SF
3633 Cicero, Chicago, IL 60641-3642 $475,000 Sep 2023 3,400 SF
3739 Cicero, Chicago, IL 60641-3619 $500,000 May 2022 3,600 SF
3741 Cicero, Chicago, IL 60641 $500,000 May 2022 3,600 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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