Prime Avondale investment opportunity! This 4-unit mixed-use building features two live/work units on the ground floor and two residential apartments above. With quality updates completed within the past 10 years, this property is ideal for long-term investors seeking strong, stable income. Offering a 6.67% cap rate, it’s a perfect fit for a growing portfolio or 1031 exchange. Situated in the heart of Avondale-one of Chicago’s fastest-rising neighborhoods and nationally ranked among the hottest in the country-this building benefits from high visibility, excellent transit access, and close proximity to local dining, retail, and major expressways. A rare opportunity in a high-demand corridor.
3716 BELMONT Avenue Chicago, IL 60618
For Sale
3716 BELMONT Avenue
Chicago, IL 60618
Price: $999,900
Type:
Commercial Sale
Mixed Use
Agent:
Mark Raffaelli
Agent Email: mark@raffaelligroup.com;mraffaelli@jamesonsir.com
Broker:
Jameson Sotheby's Intl Realty
Broker Phone: 312-751-0300
