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Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
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Status: Active (For Sale)
Type: Commercial
Lot Size: 0.36 Acres
Year Built: 1947
MLS ID: 12470751


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Overview
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This well-maintained 12-unit mixed-use property presents a compelling opportunity for investors seeking immediate cash flow with additional upside potential. The asset is comprised of three residential units (two spacious two-bedroom apartments and one efficiently designed studio), alongside nine commercial spaces fronts that provide diversified income streams. Over the past several years, the building has undergone significant renovations, resulting in a turnkey investment requiring no immediate capital improvements. All units are in strong condition, allowing a new owner to step in and begin generating revenue from day one. In addition to its current income, the property features a partially finished lower level, offering clear value-add potential. Investors may explore opportunities to further develop this space into additional residential or commercial units, subject to local zoning and approvals, thereby increasing overall returns. With a balanced unit mix, recent upgrades, and future expansion potential, this property is ideally positioned for both stable cash flow and long-term appreciation.

Courtesy Of: Landmark Realty of Illinois LLC


Feature Highlights


  • Additional Parcels
  • Built Before 1978

General Features


List Date:
03/30/2026

Exterior Features and Amenities


Lot Size Dimensions:
120 X 130

Financial


Days On Market:
45
Tax Annual Amount:
$3,232.12
Tax Year:
2024


Directions


North Main Street in Princeton

Availability Calendar


- Available - Unavailable

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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: 2026-05-26
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Copyright 2026 MRED LLC

The information presented here is deemed reliable, though not guaranteed.
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About
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Buyers
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