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5416 W Belmont Ave
Chicago, IL 60641 Cragin

$4,600,000 USD

Apartments For Sale  •  20,400 SF

Property Details

  • Property Type Apartments
  • Total Building Size 20,400 SF
  • Lot Size 0.29 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 7.70 %
  • Zoning B2-3
58 Transit Score
90 Walk Score

Highlights

Brand New Construction Development in Appreciating Location
Excellent Unit Mix Featuring 2-bed + 2-bath Apartments with High-End Finishes
Large Living Area, Spacious Bedrooms and High-end windows Allowing Lots of Natural Light
Offered at 9.49x Income with Significant Cash-on-Cash Return from Day One

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $370,436 USD (2025)
Cap Rate: 7.70 %
Total Expenses: $143,989 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Heating
  • Wheelchair Accessible
  • Gas Range
  • Recycling
  • Wi-Fi
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Vinyl Flooring

Public Transportation

Commuter RailDriveWalkDistance
Hanson Park Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra), North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min - 1.8 mi
Grayland Station (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.9 mi
AirportDriveWalkDistance
Chicago O'Hare International 18 min - 10.4 mi
Chicago Midway International 21 min - 11.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 19
Type: Surface
Included in Rent: Yes
Matthew Fritzshall 847-778-8746 Triton Realty Group, LLC
Matthew Fritzshall 847-778-8746 Triton Realty Group, LLC