$3,150,000
SOLD JUL 11, 2025
-- Bed
-- Bath
16,234 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$194 Per Sq Ft

1% Below List Price

0 Day on Market

Highlights

  • 6,098 Sq Ft lot
  • 6 Fireplaces
  • Central Heating and Cooling System

About This Home

As of July 2025

This beautifully maintained built in 2008 brick 8-unit mixed-use building is located in the vibrant Avondale neighborhood of Chicago, with easy access to the expressway and CTA Blue Line. The property includes six expansive, full-floor 3-bed/2-bath apartments, each about 2,000 SF, featuring high-end finishes like fireplaces, granite countertops, stainless steel appliances, and private balconies. Two retail spaces are leased to established medical tenants with long-term leases, providing stable income. Fully occupied, the building offers opportunities to raise rents with many long term below market tenants and add rooftop decks with downtown skyline views. Additional amenities include indoor parking for six cars and an elevator. An excellent investment opportunity.

Last Agent to Sell the Property

Tyler Weekes

Star Realty & Management License #475174404 Listed on: 04/03/2025

Last Buyer's Agent

Rizwan Gilani

ALLURE Real Estate License #475126352

ALLURE Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,050

Year Built

  • Built in 2008

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 48x125
  • Additional Parcels

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Membrane Roofing
  • Concrete Perimeter Foundation

Interior Spaces

  • 16,234 Sq Ft Home
  • 4-Story Property
  • 6 Fireplaces
  • Monitored

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for air conditioning, common area maintenance, electricity, heat

Community Details

Building Details

  • Maintenance Expense $4,000
  • Operating Expense $68,814
  • Gross Income $302,565
  • Net Operating Income $224,880

Additional Features

  • 8 Units
  • Service Elevator

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,050

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 4
  • Year Built: 2008
  • Built Before 1978 (Y/N): No
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: 16-25 Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 6
  • Fire Protection: Alarm Monitored
  • Misc Inside: Elevator/s Freight
  • Fireplaces: 6
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 6
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Block, Brick
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 3195000
  • Roof: Membrane
  • Roof Structure: Flat

Garage/Parking

  • Indoor Parking: 6-12 Spaces

Utilities

  • Cooling: Central Air, Central Individual
  • Electric: Separate Meters, Service - 101 to 200 Amps
  • Heat/Ventilation: Central Heat/Indiv Controls

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Janitor Expense: 3600

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 48X125
  • Lot Size Sq Ft: 6098
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 16234

Multi Family

  • Net Operating Income: 224880
  • GrossIncome: 302565
  • Maintenance Expense: 4000
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 68814
  • Expense Year: 2024
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 24050
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
Jul 11, 2025
Sold by
Chicago 3110 Belmont Llc
Bought by
Anna 2016 Llc
Seller's Agent
Tyler Weekes
Star Realty & Management
Buyer's Agent
Rizwan Gilani
ALLURE Real Estate
List Price
$3,195,000
Sold Price
$3,150,000
Premium/Discount to List
-$45,000
-1.41%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,093,000
Outstanding Balance
$2,080,834
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2024
Sold by
3110 West Belmont Ave Llc
Bought by
Chicago 3110 Belmont Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 11, 2017
Sold by
Raji Darius
Bought by
3110 W Belmont Ave Llc

Purchase Details

Closed on
Aug 11, 2014
Sold by
Lydan Prop Llc
Bought by
Raji Darius

Purchase Details

Closed on
Feb 20, 2009
Sold by
Ncs Development Llc
Bought by
Lydan Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,025,000
Interest Rate
4.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 2006
Sold by
Selejan Nicolae and Selejan Mariana
Bought by
Ncs Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
6.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2004
Sold by
Albany Bank & Trust Co Na
Bought by
Selejan Nicolae and Selejan Mariana
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $3,150,000 None Listed On Document
Warranty Deed $2,200,000 None Listed On Document
Warranty Deed $2,200,000 None Listed On Document
Quit Claim Deed -- Attorney
Warranty Deed $2,625,000 --
Warranty Deed $2,625,000 --
Warranty Deed $2,625,000 --
Warranty Deed $2,025,000 None Available
Quit Claim Deed -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,093,000 New Conventional
Previous Owner $1,625,000 Credit Line Revolving
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $2,025,000 Commercial
Previous Owner $1,900,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Sold $3,150,000 -1.4% $194 / Sq Ft
04/03/2025 04/03/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $3,195,000 -- $197 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,184 $66,001 $10,500 $55,501
2023 $11,876 $57,545 $5,400 $52,145
2022 $11,876 $57,545 $5,400 $52,145
2021 $11,609 $57,543 $5,400 $52,143
2020 $14,568 $65,158 $5,400 $59,758
2019 $13,139 $65,158 $5,400 $59,758
2018 $12,871 $65,158 $5,400 $59,758
2017 $14,028 $65,165 $4,725 $60,440
2016 $13,052 $65,165 $4,725 $60,440
2015 $11,374 $65,165 $4,725 $60,440
2014 $12,917 $69,620 $4,725 $64,895
2013 $9,062 $49,826 $4,725 $45,101
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12328342

Midwest Real Estate Data (MRED)

APN: 13-24-318-037-0000