Listing provided courtesy of Millennium Properties RE, Inc.MREDas Distributed by MLSGrid- MLS# 12476763MLS Provider

5353 W Belmont AvenueChicago, IL 60641

Commercial · 4,892 Sq. ft.
$649,000 Active

5353 W Belmont Avenue Overview

Time on Site:
283 days
Visits:
1

Well-located on Belmont Avenue just east of Long Avenue, this 4,892 SF single-story fully occupied neighborhood retail property is available for sale. The building is comprised of five retail storefronts, two have been recently combined. The tenants include a restaurant, law firm, Seattle Sutton and a door company. The facade has been recently updated with new windows that provide excellent visibility and curb appeal. The Belmont Cragin community has benefited from steady growth in population and renewed investment. Local businesses enjoy a strong residential consumer base, great public transportation, and quick access to the Expressway.

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5353 W Belmont Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 4,892
  • Price/Sq.ft. $133

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: N/A
  • Gross Income: 94077
  • Net Operating Income: 59432
  • Operating Expense: 33635

Building Information

  • Year Built: 1927

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Belmont Cragin

Tax Information

  • Tax Annual Amount: $20,090.95
  • Tax Year: 2024

General Information

  • Parcel Number: 13281040020000
  • Property Sub Type: Neighborhood Storefront
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 4892

General Information

  • Cooling: Central Air
  • Electric: Other
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 1073

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 4047
  • Lot Size Square Feet: 10019

General Information

  • Number Of Units Total: 5

5353 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
Community data courtesy of LiveBy, Inc.

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.

5353 W Belmont Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5353 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
Calculations provided by Reliance Network

5353 W Belmont Avenue History

Date Event Value Agent
9/24/2025Source: MRED Status Change
Active
9/19/2025Source: MRED Added to Database
September 19, 2025