Property Description
Triton proudly presents 5416-22 W. Belmont Ave., a newly constructed mixed-use
apartment building located in the rapidly growing Belmont Cragin neighborhood.
This modern three-story property offers a prime investment opportunity in a
flourishing area of Chicago. Situated close to popular dining, shopping, and
recreational destinations, the building is perfectly positioned in the heart of a
great neighborhood.
The building features three commercial spaces and three ARO/ADA-accessible
2-bedroom apartments on the ground floor, with 12 luxurious 2-bedroom, 2-
bathroom residential units on the upper levels. Each residential unit boasts high-
end kitchens, elegant bathrooms, ample closet space, durable windows, and
well-designed living areas, blending contemporary style with modern
functionality.
Interiors are finished with premium Lifeproof flooring, sleek light grey walls, and
crisp white trim, creating a sophisticated and contemporary atmosphere. The
spacious kitchens are equipped with quartz countertops, soft-close cabinets, and
high-quality appliances, including fingerprint-resistant stainless steel
refrigerators/freezers and 30" gas ranges with stainless steel microhoods.
Select units feature private balconies, and surface parking is available with alley
access. With its superior construction, modern amenities, and a location in a
neighborhood with high growth potential, this building represents an exceptional
investment opportunity.
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Property Details
Property Type
Mixed-Use
Year Built
2024
Year Renovated
Current Cap-Rate
6.69%
Pro Forma Cap-Rate
7.80%
Property Highlights
Recently stabilized new development in an up-and-coming location.
Spacious open concept living area and well laid out bedrooms.
19 Surface Parking Spaces