Modern Mixed-Use Gem Sells for $3.83M in Chicago’s Belmont Cragin
Modern Mixed-Use Gem Sells for $3.83M in Chicago’s Belmont Cragin
Sale at a Glance
5416-22 W Belmont Ave stands as a beacon of modern urban living in Chicago’s vibrant Belmont Cragin neighborhood. This newly constructed, 18-unit mixed-use building was successfully sold for $3,825,000 on July 13, 2026, with brokers Matthew Fritzshall and James Thompson of Triton Realty Group leading the transaction for a repeat client. The sale drew remarkable attention, boasting over 20 tours and multiple competitive offers, underscoring the property’s magnetic appeal in a transforming corridor.
Sale Details
This transaction set a new standard for investment properties in the area, reflecting the power of strategic marketing and deep market knowledge.
Final Price: $3,825,000
Closing Date: July 13, 2026
Brokers: Matthew Fritzshall & James Thompson, Triton Realty Group
Asset Class: Mixed-use (commercial + multifamily)
Location: Belmont Cragin, Chicago
Client Relationship: Repeat seller entrusting Triton with another signature asset
Demand: Over 20 property tours and multiple offers generated
Property Highlights
A showcase of thoughtful design and versatile functionality, the property fuses upscale living with prime commercial opportunity.
New Construction: Delivered in 2024, offering the latest in building efficiency and style
Unit Mix: 18 total units, including three commercial spaces and 15 apartments
Accessibility: Three ground-floor ARO/ADA-accessible 2-bedroom apartments
Residential Appeal: 12 luxury 2-bedroom, 2-bath apartments with high-end finishes
Parking: 19 surface parking spaces for residents and tenants
Transit and Walkability: 60 Transit Score, 100 Walk Score
Key Investment Features
This asset was meticulously positioned to capture both immediate cash flow and long-term appreciation in a thriving submarket.
Diverse Revenue Streams: Commercial and multifamily income, weathering market shifts
Modern Amenities: Contemporary interiors and accessibility features attract quality tenants
Prime Zoning: B2-3 zoning supports flexible commercial uses
Location Momentum: Situated in a growth corridor with strong area fundamentals
Repeat Seller: Demonstrates enduring asset performance and broker trust
Market Strategy and Positioning
Triton Realty Group’s marketing approach was crafted to awaken both institutional and entrepreneurial appetites, harnessing the building’s new-construction allure and mixed-use versatility. By leveraging targeted digital campaigns, investor outreach, and in-depth local market storytelling, the team orchestrated over 20 in-person tours—each one designed to let buyers envision the building’s future impact. The resulting competition translated into multiple offers, maximizing value and delivering another success for a loyal seller client.
Frequently Asked Questions (FAQs)
This sale reflects the heartbeat of Belmont Cragin’s transformation—here’s what investors want to know:
What makes this property unique among recent sales in Belmont Cragin? The combination of new construction, luxury finishes, and a balanced mix of commercial and residential units set it apart from older, less diversified inventory.
How did the brokers generate such strong interest in the listing? Triton Realty Group’s marketing blended digital saturation with direct investor engagement, driving over 20 qualified tours and competitive bidding.
What types of tenants are attracted to the building’s commercial spaces? The flexible B2-3 zoning and high walkability support a range of neighborhood-serving businesses, from boutique retailers to medical or professional offices.
Why is repeat business from the seller significant in this transaction? Repeat assignments reflect sustained performance and deep trust—a testament to both property quality and brokerage expertise.
What growth trends support investments in the Belmont Cragin corridor? Rising population density, new developments, and improved transit connectivity are fueling demand for mixed-use buildings in the area.
Want to achieve results like this?
Contact Matthew Fritzshall at (847) 778 – 8746 t o discuss your property goals in Chicago.
