Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 12628357
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Request Info5544 W Belmont AvenueChicago, IL 60641
Commercial · 7,136 Sq. ft.$895,000
Active
5544 W Belmont Avenue Overview
- Time on Site:
- 48 days
- Visits:
- 0
3-unit mixed use property on the border of Portage Park and Belmont Cragin. Rebuilt in 2013, with new mechanicals and interior finishings. Everything from the brick walls in was replaced. The commercial space is as a 4000+ sq. foot medical clinic on 2 levels. The main level features approximately 2625 sq. feet with a waiting room, exam and procedure rooms, office and staff kitchen spaces. The lower-level features approximately 1450 sq. feet with additional private office space. The space has potential to be subdivided and is available for rent for $4500/month. Tenant pays the utilities. Owner pays the property tax. Other uses for the space could be a spa/yoga/wellness center, legal or CPA offices or a training facility. Separate HVAC, hot water tanks and electric for all units. Other features include drain tile & sump pump-2025 & a generator for the commercial space. A separate entrance on the east side of the building provides access to the 2nd & 3rd floor apartments. Each apartment features 6 rooms, 3 bedrooms & 1 bath, with maple cabinet kitchens, in unit laundry, and separate mechanicals. Carport parking in the rear for 2 cars.
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5544 W Belmont Avenue Facts & Features
- Type Commercial
- Sq. ft. 7,136
- Price/Sq.ft. $125
Details
General
Income/Expenses
- Other Expense: 0
- Electric Expense: 1000
- Existing Lease Type: Modified Gross
- Fuel Expense: 0
- Gross Income: 8490
- Gross Scheduled Income: 101880
- Insurance Expense: 3050
- Net Operating Income: 80171
- Operating Expense: 19908
- Trash Expense: 1200
- Water Sewer Expense: 1800
Building Information
- Year Built: 1930
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Portage Park
- Township: Jefferson
Rent/Lease Information
- Tenant Pays: Air Conditioning, Electricity, Heat
Tax Information
- Tax Annual Amount: $12,858.60
- Tax Year: 2024
General Information
- Parcel Number: 13213270190000
- Possible Use: Office,Retail
- Property Sub Type: Mixed Use
- Property Type: Commercial Sale
- Zoning: COMMR
Interior
Building Information
- Office SqFt.: 4045
Building Interior
- Building Area Total: 7136
General Information
- Cooling: Central Air, Central Individual
- Electric: Circuit Breakers, Separate Meters
- Flooring: Tile, Varies, Wood
- Foundation Details: Concrete Perimeter
- Stories: 3
Exterior
Lot Information
- Additional Parcels: No
- Frontage Type: City Street
- Lot Size Dimensions: 25 x 125.50
- Lot Size Square Feet: 3137
- Water Source: Municipal Water
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Number Of Units Total: 3
- Utilities: Electric to Site,Natural Gas Available,Cable Available
5544 W Belmont Avenue Neighborhood
Community
60641 (CHICAGO) Demographics
37
Median Age
17,360
Population Density (per sq. mile)
39%
College Educated
$67,599
Estimated Median Income
12,764
Estimated Total Home Owners
11,758
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.5544 W Belmont Avenue Monthly Cost
5544 W Belmont Avenue Market Data
Based on the last 30 days in this zip code
$523,031
Average List Price
$310
Average Price per Square Foot
45
Properties Sold
50
Average Days on Market
75
Properties for Sale
5544 W Belmont Avenue History
| Date | Value | Agent |
|---|---|---|
| 5/17/2026Source: MRED | Active |
|
| 5/12/2026Source: MRED | May 12, 2026 |