Property profile

5319 W Belmont Ave Chicago, IL 60641

FOR SALE
Retail Stores
Property ID
US28-0275197
4,700 SF 0.14 ac lot Built 1925
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Property summary

AI-generated overview

The property is a banquet hall venue and associated commercial real estate totaling approximately 5,300 square feet, situated on a 0.15-acre lot. It was extensively renovated with updated building systems, including HVAC units, a replaced flat roof, and upgraded electrical and plumbing. Interior amenities include multiple restroom areas: a dedicated employee bathroom, a four-stall women’s restroom, and a two-stall men’s restroom with updated fixtures. The venue is equipped with a commercial kitchen designed for high-volume food service, featuring a walk-in cooler, a walk-in freezer, commercial stove and grill, deep fryer, and an exhaust fan. Additional included kitchen and service equipment includes a heating table and a dishwasher, along with tableware and service inventory such as china, tableware, and serverware. For guest use, the setup includes five flat-screen televisions and seating arrangements with approximately 25 tables and about 130 chairs. Parking is available via five private spaces at the rear of the building, with public parking provided along the frontage.

Property profile

Verified
Property type Retail Stores
Year built 1925
Total area 4,700 SF
Lot 0.14 ac (6,250 SF)
APN 13-28-104-012
UPID US28-0275197

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Radio Station Telecommunications Service

Location

5319 W Belmont Ave Chicago, IL 60641
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2023
Last sale
$270,000
3 recorded transactions
2023
Price N/A
2018
$270,000
2018
$150,000
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More about this property
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