April 15, 2025 – Michael Mintz and Marc Sibai of Horvath & Tremblay have successfully completed the sale of a Mixed-Use Property in Chicago, Illinois. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $1,150,000.
The Mixed-Use Property is located at 2329 W Belmont Avenue in Chicago, Illinois. The mixed-use investment property is comprised of a two-story mixed-use building with four units totaling 6,750 square feet on a 0.06-acre parcel. 2329 W Belmont Avenue is in a C1-1 (neighborhood commercial district) zoned property surrounded by other businesses and retailers that drive traffic to the area. The Property consists of two (2) retail storefronts on the ground floor, and two (2), 2-Bedroom/1-Bathroom residential units on the second floor and is situated on W Belmont Avenue just 100 feet from the heavily trafficked, recently redeveloped, signalized intersection of W Belmont Avenue, N Western Avenue, and N Clybourn Avenue, approximately 5-miles north of downtown Chicago. Located in the West Lake neighborhood of Chicago, the property enjoys close proximity to the Kennedy Expressway (Interstates 90 and 94) is 1.1-miles from the Paulina “L” Station on the CTA Brown Line and is well-trafficked, with convenient access to public transportation.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.