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5544 W Belmont Ave 7,000 SF Office Building Chicago, IL 60641 $1,271,491 CAD ($181.64 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 |
$18,267
|
$3.32
|
| Operating Expenses |
$10,016
|
$1.82
|
| Total Expenses |
$28,282
|
$5.13
|
Taxes & Operating Expenses (Actual - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $18,267 |
| Annual Per SF | $3.32 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $10,016 |
| Annual Per SF | $1.82 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $28,282 |
| Annual Per SF | $5.13 |
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
$1,271,491 CAD
Price Per SF
$181.64 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
- Fenced Lot
- Signage
- Skylights
- Reception
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 1,836 SF
- Office
- Full Build-Out
- 60 Days
- 2nd Floor
- 1,836 SF
- Office
- Full Build-Out
- 60 Days
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 1,836 SF | Office | Full Build-Out | 60 Days |
| 2nd Floor | 1,836 SF | Office | Full Build-Out | 60 Days |
1st Floor
| Size |
| 1,836 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 60 Days |
2nd Floor
| Size |
| 1,836 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 60 Days |
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 | $76,271 CAD (2025) |
| Land Assessment | $13,561 CAD (2025) | Annual Taxes | $18,267 CAD ($2.61 CAD/SF) |
| Improvements Assessment | $62,711 CAD (2025) | Tax Year | 2024 Payable 2025 |
Property Taxes
Parcel Number
13-21-327-019-0000
Land Assessment
$13,561 CAD (2025)
Improvements Assessment
$62,711 CAD (2025)
Total Assessment
$76,271 CAD (2025)
Annual Taxes
$18,267 CAD ($2.61 CAD/SF)
Tax Year
2024 Payable 2025
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5544 W Belmont Ave
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