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7700 W. Belmont Ave
Chicago , IL 60634
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Status: Contingent (For Sale)
Type: Multi Family
Year Built: 1925
Bedrooms: 6
Bathrooms: 3
MLS ID: 12506567


Overview
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Excellent opportunity for an owner occupant or investor looking for a two-unit property with solid income potential. Each spacious unit offers a comfortable layout with separate entrances and hardwood floors throughout. The first-floor unit includes four bedrooms and two baths, ideal for a large household or live-in owner. The second-floor unit features two bedrooms and one bath, perfect for extended family or additional rental income. The property is currently owner-occupied and will be delivered vacant at closing, making it ready for immediate occupancy or tenant placement. Estimated market rents range from approximately $1,800-$2,500 per month for the main unit and $1,100-$1,600 per month for the upper unit, depending on the level of improvements and finishes. With both units leased, the projected total gross monthly income could range from $2,900-$4,100, offering excellent potential cash flow and long-term appreciation. The full basement provides added storage and includes laundry connections. A detached two-car garage and screened porch add convenience and functionality. The property needs repairs and is being sold as-is. Buyer will be responsible for any required village repairs per the City of Chicago Heights point-of-sale inspection. Located near schools, shopping, and commuter access, this property offers an ideal blend of value, flexibility, and income opportunity. Whether you're seeking a home to occupy while offsetting your mortgage or expanding your investment portfolio, this two-flat presents strong potential in a growing market.

Courtesy Of: HomeSmart Connect LLC


Feature Highlights


  • Built Before 1978

General Features


List Date:
11/11/2025

Public Schools


Elementary School:
Roosevelt Elementary
High School:
Bloom High School

Interior Features


Bedrooms Possible:
6
Rooms Total:
13

Exterior Features and Amenities


Lot Size Dimensions:
9311
Parking Total:
2

Financial


Purchase Contract Date:
2026-02-18
Days On Market:
53
Tax Annual Amount:
$4,895.00
Tax Year:
2023

Other Features


Elementary School District:
170
High School District:
206
Middle Or Junior School District:
170
Age:
100+ Years


Directions


Route 30 to scott ave north to address

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate 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.
Data last updated: 2026-03-21
.

Copyright 2026 MRED LLC

The information presented here is deemed reliable, though not guaranteed.
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Corporate Office 7700 W. Belmont Ave, Chicago, IL 60634
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