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5544 W Belmont Ave 7,000 SF Office Building Chicago, IL 60641 $1,228,370 CAD ($175.48 CAD/SF)
Investment Highlights
- Rebuilt in 2013 with new interior finishes and mechanicals on all levels
- 2 residential units offer 6rms/3beds/1bath with in unit laundry.
- Mechanicals include separate HVAC , electric & water-each tenant, new drain tile & sump, and generator for the commercial space
Executive Summary
3-unit mixed use building on the border of Portage Park and Belmont Cragin neighborhoods in Chicago. The location is a busy main thoroughfare in a business district. The building was rebuilt in 2013 offering new interior finishes in the commercial and apartment spaces and new separate mechanicals for all tenants. The commercial space is also available for lease at $4500/month. Contact listing agent for details on the rental.
Taxes & Operating Expenses (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$17,647
|
$3.43
|
| Operating Expenses |
$9,676
|
$1.88
|
| Total Expenses |
$27,323
|
$5.31
|
Taxes & Operating Expenses (Actual - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $17,647 |
| Annual Per SF | $3.43 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $9,676 |
| Annual Per SF | $1.88 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $27,323 |
| Annual Per SF | $5.31 |
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
7,000 SF
Building Class
C
Year Built/Renovated
1930/2013
Price
$1,228,370 CAD
Price Per SF
$175.48 CAD
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,333 SF
Building FAR
2.24
Lot Size
0.07 AC
Zoning
B1-2 - B1-2 Chicago
Amenities
- Bio-Tech/ Lab Space
- Fenced Lot
- Signage
- Skylights
- Reception
- Air Conditioning
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 13-21-327-019-0000 | Total Assessment | $74,637 CAD (2025) |
| Land Assessment | $13,270 CAD (2025) | Annual Taxes | $17,647 CAD ($2.52 CAD/SF) |
| Improvements Assessment | $61,367 CAD (2025) | Tax Year | 2024 Payable 2025 |
Property Taxes
Parcel Number
13-21-327-019-0000
Land Assessment
$13,270 CAD (2025)
Improvements Assessment
$61,367 CAD (2025)
Total Assessment
$74,637 CAD (2025)
Annual Taxes
$17,647 CAD ($2.52 CAD/SF)
Tax Year
2024 Payable 2025
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5544 W Belmont Ave
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