901 W Belmont Ave Chicago, IL 60657
Lakeview East NeighborhoodEstimated payment $17,260/month
Highlights
- Forced Air Heating and Cooling System
- 1-minute walk to Belmont Station (Brown, Purple, Red Lines)
- 2-minute walk to Martin (Johnny) Park
- Lincoln Park High School Rated A
About This Home
37.5'x148' Lot, Zoned B3-3, TOD, There are 2 Commercial spaces, 4 Studio apartments recently renovated and ready to rent and 4 more units(2- studios and 2- 1bedrooms) that are being gutted and converted to 2- 2bedroom apartments. Bldg Survey and Drawings available for the 2 bedroom renovations under "Additional Info" tab. The entire property is vacant.There is also an additional structure on the back half of the property that was previously rented as a 4 bed 2 bath duplex coach house but is currently not viable/legal to rent. The property has great potential given the location, size and zoning. There is a new 5 story, 46 unit project by Mavrek Development scheduled to break ground in May 2025 located just steps away at 925 W. Belmont.
Listing Agent
Buckingham Property Management INC License #471004517 Listed on: 04/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,395
Year Built
- Built in 1905
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 37.5 x 148
Interior Spaces
- 3-Story Property
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- 8 Units
Map
Home Values in the Area
Average Home Value in this Area
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 | $27,395 | $226,059 | $39,109 | $186,950 |
| 2023 | $26,701 | $125,362 | $35,648 | $89,714 |
| 2022 | $26,701 | $125,362 | $35,648 | $89,714 |
| 2021 | $19,866 | $95,238 | $35,647 | $59,591 |
| 2020 | $43,258 | $187,403 | $35,647 | $151,756 |
| 2019 | $13,267 | $63,721 | $35,647 | $28,074 |
| 2018 | $13,051 | $63,722 | $35,647 | $28,075 |
| 2017 | $33,558 | $150,723 | $15,689 | $135,034 |
| 2016 | $31,189 | $150,723 | $15,689 | $135,034 |
| 2015 | $41,411 | $218,784 | $15,689 | $203,095 |
| 2014 | $35,517 | $184,962 | $29,680 | $155,282 |
| 2013 | $34,871 | $184,962 | $29,680 | $155,282 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/28/2025 04/28/25 | For Sale | $2,850,000 | +42.5% | -- | |
| 09/14/2022 09/14/22 | Sold | $2,000,000 | -20.0% | -- | View Prior Sale |
| 04/01/2022 04/01/22 | Pending | -- | -- | -- | |
| 09/23/2021 09/23/21 | For Sale | $2,500,000 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $137,500 | Unknown | |
| Closed | $50,000 | Credit Line Revolving | |
| Closed | $800,000 | Credit Line Revolving |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12344673
APN: 14-29-204-009-0000
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