5614 W Grand Ave Chicago, IL 60639
Belmont Central Neighborhood
9
Beds
6
Baths
8,600
Sq Ft
2022
Built
About This Home
As of May 2025Rare and incredible opportunity to be the proud owner of a brand new construction brick three-unit building in the booming Belmont Cragin neighborhood in Chicago! This property is like nothing that's been offered on the market before, and it truly offers all the bells and whistles! Beginning with the exterior, this property has a gorgeous dark tone brick exterior with matching black accents and black roof. This brick building is perfect for an investor looking for a solid structure with no maintenance for years to come. All units are above ground, with high ceilings and with condo quality finishes. Each unit has three bedrooms and two full baths which is almost impossible to find anywhere in the city. The units feature a gorgeous open concept floor plan, tons of natural sunlight, and a private balcony. Tasteful kitchen cabinets, with white quartz countertops and stainless steel appliances. All separate utilities including electric and gas with in unit hot water tank and forced air throughout. Additional storage space per unit. All quality construction throughout. Artificial turf in back plus a three car parking pad. Additional free parking in adjoining city parking lot. Highly appreciating neighborhood with tons of development and investment in the area. Centrally located close to parks, schools, highways, and commercial corridors, with a public transportation only steps away from the building. High rental potential with low vacancy rates! Incredible Cap Rate! Perfect opportunity for someone looking to live in a beautiful unit with rental income OR for a long term investor looking to invest in a maintenance free building with potential for long term appreciation. Schedule your showing now before it's gone!
Last Agent to Sell the Property
Duarte Realty Company License #471020983 Listed on: 12/05/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,069
Year Built
- Built in 2022
Lot Details
- Lot Dimensions are 26x125
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 6 Bathrooms
Parking
- 3 Parking Spaces
- Off Alley Parking
- Assigned Parking
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $340
- Insurance Expense $2,472
- Water Sewer Expense $2,956
- Gross Income $79,200
- Net Operating Income $61,363
Similar Homes in Chicago, IL
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | Sold | $834,900 | 0.0% | $97 / Sq Ft |
| 04/24/2025 04/24/25 | Pending | -- | -- | -- |
| 12/26/2024 12/26/24 | Off Market | $834,900 | -- | -- |
| 12/12/2024 12/12/24 | Price Changed | $834,900 | +14.4% | $97 / Sq Ft |
| 12/05/2024 12/05/24 | For Sale | $729,900 | -- | $85 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Josue Duarte
Seller's Agent in 2025
Josue Duarte
Duarte Realty Company
(708) 589-5855
3 in this area
360 Total Sales
-
Harris Ali
Buyer's Agent in 2025
Harris Ali
Sky High Real Estate Inc.
(312) 555-5565
3 in this area
531 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12222007
APN: 13322180270000
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