6940 W Belmont Avenue, Chicago, IL 60634 - Photo 1

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$419,999 Contingent

For Sale
Contingent
Business
2,812 Sq. Ft.

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Property Description

A 2800 square foot community hall with full kitchen, storage, full size bar, men's room, ladies room, new roof 2023, new thermostat 2024, a/c repairs 2024, new floor and ceiling 2017, Furnace 2024, HWH 2009. This is SCHORSCH VILLAGE HALL located at 6938-40 BELMONT. This hall has been very well maintained by the community since 1957. The HALL RENTAL BOOK OF BUSINESS is included in the price asking 419k. ASKING 369k for the real estate. Call for more info regarding separating if land/building only is preferred; Contents are extra charge. Parking lot in rear for about 8 cars. Total land square footage is 4992. 37 x 135. Hall rental business makes about 100k annual with rentals only on Fri, Sat, Sun. ROOM TO GROW for new owner to make their own by offering more options. The booked business for 2025 comes with or buy the property and do another venture!

Full Property Details

Full Property Details for 6940 W Belmont Ave

General

Price: $419,999
Taxes: $8,900 (2023)
Status: Contingent
Type: Business
Source: MRED
MLS ID: 12276967
Updated: 12/10/2025
Added to Site: 357 day(s) ago

Business

Business Type: Other
Years in Business: 11 or More
Seating Capacity: 100 or More

Location

Area: CHI - Dunning
County: Cook
Driving Directions: Belmont east or west between Sayre and Oak Park ave. // Schorsch Village Hall.

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Central Building Heat, Forced Air

Utilities

Water: Municipal Water
Onsite: Electricity to Site, Natural Gas Available, Sewer Connected

Structural Information

Stories/Levels: 1
Square Feet: 2,812
Current Bldg. Use: Other

Lot Features

Lot Size (Sq. Ft.): 4,992
Lot Size Range: Less than .25 Acre
Lot Dimensions: 37 x 135

Financial Considerations

For Sale/Rent/Lease: For Sale Only
Operating Expenses: $56,708
Tax Amount: $8,900
Tax Year: 2023
Tenant Pays: Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Scavenger, Sewer

Disclosures and Reports

Property ID: 13193310770000

Buyer's Brokerage Compensation: 2.5%

Not binding unless confirmed by separate agreement among applicable parties.

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— 6940 W Belmont Ave —

April Kibler

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Schools

Schools serving 6940 W Belmont Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Locke J Elementary School 2828 North Oak Park Avenue, Chicago, IL 60634	PK-8	0.5 mi
Steinmetz Academic Centre High School 3030 North Mobile Avenue, Chicago, IL 60634	9-12	0.9 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 6940 W Belmont Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

5/21/2025

Price Reduced

$419,999

-6.46%

MLS

1/24/2025

Listed

$449,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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6940 W Belmont Avenue, Chicago, IL 60634 (MLS# 12276967) is a Business property. 6940 W Belmont Avenue is currently listed for $419,999 and was received on January 24, 2025. This property is listed by April Kibler from our McMullen/O'Hare Office.Want to learn more about 6940 W Belmont Avenue? Do you have questions about finding other Business real estate for sale in Dunning? You can browse all Dunning real estate or contact a Coldwell Banker agent to request more information.

6940 W Belmont Ave Chicago, IL 60634