1622 W Belmont Avenue Chicago, IL ^$ 199,000

1622 W Belmont Avenue

^$ 199,000

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1622 W Belmont Avenue

Chicago, IL, 60657

^$ 199,000

Studio Baths0.0 Sq 2,680

Monthly Estimate*

^$ 1,323

1622 W Belmont Avenue, Chicago, IL 60657 - Image 1

1622 W Belmont Avenue, Chicago, IL 60657 - Image 2

1622 W Belmont Avenue, Chicago, IL 60657 - Image 3

1622 W Belmont Avenue, Chicago, IL 60657 - Image 4

1622 W Belmont Avenue, Chicago, IL 60657 - Image 5

Studio

Commercial Property for sale in Chicago, IL

for $199,000. This 2,680 square foot building was built on a lot size of 0.07174.

Lakeview neighborhood Bar with Tavern License 2680 SQ. Ft. of space plus front patio Full kitchen with hood and black iron Main room consists of long bar with 3 stations and 12 beer taps, fireplace, DJ booth and video game. Front wall has Garage door that opens to street side patio for 10-15 people Additional space in rear with full walk-in cooler, office, and additional storage 2 - ADA bathrooms Occupancy is 145 w/ Tables and 175 w/o tables Licenses include Tavern, Retail food and Sidewalk Cafe All FF&E included Just steps to 6 corner intersection of Belmont/Lincoln/Ashland Area Tenants include Whole Foods, Target, Walgreens, Chase, Scooters Custard Shop, Subway, Red Hot Ranch, School of Rock and many more Easy access to Kennedy expressway, Bus routes and divvy stations Half mile to Brown Line L stop

Commercial Pending

Price

^$ 199,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 19,435

Style

Bar/Tavern/Lounge

Lot Size

0.07174

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11883737

Features

General

Cooling Central Individual

Possession Closing

Tenant Pays Air Conditioning Electricity Heat Taxes Insurance Scavenger Sewer Other

Stories 1

Tax Year 2021

Business Type Bar/Tavern/Lounge

County Cook

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Status Pending

Directions On Belmont Just West of Belmont Lincoln and Ashland

City Chicago

MLS Area CHI - Lake View

Lot Size Square Feet 3125

Street Name Belmont

Tax Annual Amount 19435

Additional Parcels Y/N N

Days on Market 85

Standard Status Pending

Exterior

Building Area Total 2680

Lot Dimensions 25X125

Interior

Street Suffix Avenue

* Excluded Features

List By

@Properties Commercial

Broker

ianfeinerman@atproperties.com

Affordability Calculator

$2,942

Per Month

Monthly Principal & Interest: $1,323
Monthly Property Taxes: $1,620
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$847,642

Percent of Sale Price 326%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/15/2023	$199,000		Listed Price

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1622 W Belmont Avenue, Chicago, IL, 60657 is a Commercial Property for sale at $199,000 with 2,680 sqft and a lot size of 0.07174. 1622 W Belmont Avenue is a studio with 0.0 baths. The property's zip code is 60657 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/6/2024.

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1622 W Belmont Avenue

Commercial Property for sale in Chicago, IL

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