Commercial > Multi-family / Apartments
Sold
06/06/2006
Sold Price
$6,900,000$--/ft²
505 Belmont Ave
Chicago, IL 60657
- -Bed
- -Bath
- -Living Area
- 7,500ft²Lot Size
- -Pool
- -Car
- 1933Year Built
- -DOM
- 12Permits
505 Belmont Ave, Chicago, IL 60657 is a multi-family/apartments property built in 1933 on a 0.172 acre lot with 12 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2006 for $6,900,000.
Permits
505 Belmont Ave has 12 permit records of total value of $822,748.
Permit History
12
Permits
$822,748
Total Permit Value
November 9, 2022
Description: Spr 2019 cbrc: interior renovations to (54) out of (101) du to addition dw window heat/cool units & int. Cosmetic reno. On 7-story masonry building per plansJob Value: $200,000Status: issuedType: Renovation/alterationBusiness Name: Comfortmate Heating & AIR INC; Highlights Chicago INC; Northcenter Construction LLC; Purohit HemalApplicant: Belmont Building III Agent Britany HilwertzFees: $1,074Effective Date: 2022-11-09Permit Number: 100991308
October 19, 2022
Description: Installation of elevator recall system per chicago building code chapter 18-30. Fire alarm is non-jurisdictional per fire prevention code 15-16-110Job Value: $13,000Status: issuedType: Electric wiringBusiness Name: FOX Valley Fire & SafetyFees: $75Effective Date: 2022-10-19Permit Number: 100993149
August 25, 2022
Description: Repair and replace plumbing fixtures and all associated piping for units 1d, 1f, 1g, 1h, 1i, 1j, 1k, 1l, 1m, 1n and 1o (no other work)Job Value: $60,000Status: issuedType: Easy permit processApplicant: Belmont Building III,LLCFees: $2,475Effective Date: 2022-08-25Permit Number: 100985988
July 29, 2022
Description: Work to be done in 25 units: repair/replace 104sqft of drywall install 3 doors kitchen cabinets countertops trim flooring. Units:1o 2a 2d 2f 2i 2k 4a 4b 4c 4i 4k 4m 5a 5c 5f 5h 5k 5m 5o 6a 6d 6f 6k 6l 6nJob Value: $1Status: issuedType: Easy permit processBusiness Name: Northcenter Construction LLCApplicant: Belmont Building III LLCFees: $4,375Effective Date: 2022-07-29Permit Number: 100982425
March 25, 2022
Description: **electrical only permit**installation of new 3600a 120/240v 1 phase service including new switchboard riser and grounding systemJob Value: $140,000Status: issuedType: Electric wiringBusiness Name: Mirex Electric & ConstructionFees: $750Effective Date: 2022-03-25Permit Number: 100963203
February 24, 2022
Description: Work in 22 units:1d 1n 2c 2b 3b 3e 3k 3l 3n 4f 4h 4l 4n 4o 5l 6b 6c 6e 6i 7e 7h 7i --patch and repair 2600 sq ft of drywall in total replace 3 doors replace kitchen cabinets counters trim and floors (no plumbing no ductwork) no floor plan alterations *subject to field inspections*Job Value: $1Status: issuedType: Easy permit processBusiness Name: Northcenter Construction LLCApplicant: Belmont Building III LLCFees: $3,850Effective Date: 2022-02-24Permit Number: 100959995
November 18, 2021
Description: Repair/replace(2600 sq ft)of drywall, install(3)doors, replace kitchen cabinets & counters, replace trim, replace flooring, clean unit.(no sink replacement or plumbing work being done)Job Value: $1Status: issuedType: Easy permit processBusiness Name: Northcenter Construction LLCApplicant: Belmont Building III LLCFees: $4,375Effective Date: 2021-11-18Permit Number: 100949330
June 9, 2021
Description: Modernization of one(1) 1500lb capacity 8-floor ewgt passenger(service) elevator pursuant to the scope of work submitted.(ev000431)Job Value: $144,720Status: issuedType: Elevator equipmentBusiness Name: Carlsen's ElevatorApplicant: Beal Properties, LLCFees: $405Effective Date: 2021-06-09Permit Number: 100926159
April 1, 2015
Description: All elevations repair\replace parapet wall 540 sq. Ft repair/replace bricks 2500 sq. Ft repair/replace/paint/flash lintels 50 ln. Ft repair\replace sealant 140 ln. Ft tuckpoint 4400 sq. Ft repair\patch spalling concrete 930 sq. Ft onlyJob Value: $253,025Status: issuedType: Easy permit processBusiness Name: AA Restoration; Veronica RomeroApplicant: Belmont Building III, LLCFees: $325Effective Date: 2015-04-01Permit Number: 100588255
April 9, 2012
Description: Remove freight elevator and close elevator shaft per planJob Value: $6,000Status: issuedType: Renovation/alterationBusiness Name: Purohit Hemal; Titan V Porches CorporationApplicant: Belmont Bldg III LLC, Property Manager Britany HillwertzFees: $375Effective Date: 2012-04-09Permit Number: 100433369
June 14, 2010
Description: Install 100 breakers for electrical baseboard heatersJob Value: $5,000Status: issuedType: Electric wiringBusiness Name: DCL ElectricFees: $1,500Effective Date: 2010-06-14Permit Number: 100348339
May 18, 2010
Description: Install new electrical baseboard heaters in all unitsJob Value: $1,000Status: issuedType: Electric wiringBusiness Name: DCL ElectricFees: $200Effective Date: 2010-05-18Permit Number: 100344480
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$154,061.73From latest Total Assessed Value20.11%Total Assessed Value$766,130=Land+
Assessed Value$45,000Additions
Assessed Value$721,130
In 2021, taxes billed for 505 Belmont Ave were $154,061.73, which is 20.11% from latest Total Assessed Value of $766,130.
Property History
505 Belmont Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 505 Belmont Ave
Hazard Risks
Tornado211Wind155Hail152Particulates139Weather110Air Pollution105Ozone104Nat'l Avg100Carb Mono98Lead58Earthquake45Hurricane15
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 505 Belmont Ave.
Walkability Index
17 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
505 Belmont Ave has a walkability score of 17 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
19°F
High
34°F
Summer
Average
Low
62°F
High
81°F
In the winter at 505 Belmont Ave, temperatures range from 19.42°F to 33.81°F with an average of 26.62°F. In the summer, the temperature ranges from 62.17°F to 80.68°F with and average of 71.43°F.
School Information
Public/private schools serving 505 Belmont Ave
Public Schools
Lake View High School
Grades: 9-12
1.73 mi
C-
Nettelhorst Elementary School
Grades: PK-8
0.19 mi
B
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 505 Belmont Ave have ratings undefined, and undefined.
Neighborhood
This property is located in Lake View East, Chicago, IL 60657.
Seasonal Housing units 60657
10%of housing is for seasonal rent.
Daytime Population for 60657
-10%of people during work hours.
Boundary map of Lake View East.
Crime Index for 60657
139
139
The crime index in 60657 is 139, which is 1.4 times higher than national average.
Market Trends
Historical market data near 505 Belmont Ave over selected time period.
Nearby Properties on Belmont Ave
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