$860,000
SOLD APR 1, 2026
-- Bed
-- Bath
4,125 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: April 1, 2026

$208 Per Sq Ft

4% Below List Price

9 Days on Market

About This Home

As of April 2026

6229-31 W. Belmont is a 6-unit multifamily asset offered as part of the Gary R. Carlson Northwest Side Portfolio, located in Chicago's Belmont Cragin neighborhood. The building features six residential units, consisting of two 1-bedroom apartments and four 2-bedroom apartments, offering a desirable and efficient unit mix for this renter-driven corridor. Built in 1959, the property includes 6 rear surface parking spaces and features a clean, functional layout supported by tenant-paid electric and cooking gas and a building-owned laundry setup. Tear off roof - 2014; Newer boilers (replaced in the last 4 years). 6 new heating pumps; all newer circuit-breakers and other electrical components (2017). Positioned along the active Belmont Avenue commercial strip, the asset benefits from strong neighborhood amenities, public transit access, and consistent rental demand, making it a compelling opportunity for investors seeking stable cash flow with operational upside

Last Agent to Sell the Property

Luke Wojcik

Triton Realty Group LLC License #475139979 Listed on: 02/09/2026

Last Buyer's Agent

Joelle Morken

Coldwell Banker Realty License #475194412

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,218

Year Built

  • Built in 1955

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, hot water

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $497
  • Fuel Expense $5,700
  • Insurance Expense $3,481
  • Maintenance Expense $2,021
  • Trash Expense $1,922
  • Water Sewer Expense $2,900
  • Operating Expense $38,806
  • Gross Income $89,400
  • Net Operating Income $52,238

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,218

Year Built

Built in 1955

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1955
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,No Sign on Property
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Heat/Indiv Controls,Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 1922
  • Water Sewer Expenses: 2900

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.07
  • Lot Dimensions: 50X150

Rental Info

  • Tenant Pays: Electricity, Hot Water
  • Board Number: 8

Multi Family

  • Net Operating Income: 52238
  • Fuel Expense: 5700
  • Insurance Expense: 3481
  • ElectricExpense: 497
  • GrossIncome: 89400
  • Maintenance Expense: 2021
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 38806
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 13218
  • Tax Year: 2024
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2026 04/01/26 Sold $860,000 -4.3% $208 / Sq Ft
02/18/2026 02/18/26 Pending -- -- --
02/09/2026 02/09/26 For Sale $899,000 +38.3% $218 / Sq Ft
08/14/2019 08/14/19 Sold $650,000 -7.1% -- View Prior Sale
07/07/2019 07/07/19 Pending -- -- --
07/04/2019 07/04/19 For Sale $699,900 0.0% --
06/18/2019 06/18/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $699,900 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $5,947 $37,506 $9,765 $27,741
2024 $5,947 $37,506 $9,765 $27,741
2023 $5,797 $28,170 $7,875 $20,295
2022 $5,797 $28,170 $7,875 $20,295
2021 $5,668 $28,170 $7,875 $20,295
2020 $4,575 $20,525 $3,937 $16,588
2019 $4,766 $23,710 $3,937 $19,773
2018 $4,686 $23,710 $3,937 $19,773
2017 $5,109 $23,719 $3,465 $20,254
2016 $4,753 $23,719 $3,465 $20,254
2015 $4,349 $23,719 $3,465 $20,254
2014 $4,382 $23,601 $3,150 $20,451
2013 $4,296 $23,601 $3,150 $20,451
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12564712

Midwest Real Estate Data (MRED)

APN: 13291010130000

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