What $332K Bought in Dunning's Belmont Heights: 3 Beds, 2 Baths and 5 Parking Spaces
A recent closing at 7942 W Addison St Unit 1 provides a strong reference point. The 3-bedroom, 2-bath condo closed for $332,000 on August 31, 2026, offering approximately 1,250 square feet, five exterior parking spaces, substantial private storage and monthly HOA dues of just $250.
The property sits in Belmont Heights, a neighborhood within the larger Dunning community area, giving buyers another option to consider when searching for more space on Chicago's Northwest Side.
What $332K Bought in Dunning's Belmont Heights
At this price point, the buyer secured a true 3-bedroom, 2-full-bath layout, providing considerably more flexibility than many smaller Chicago condos.
Hardwood flooring runs throughout the residence, which had been remodeled several years before the sale and carefully maintained.
Several important components were also replaced in 2022, including the HVAC system, refrigerator, stove, washer and dryer.
The condo also includes a large private basement storage room, adding useful space beyond the approximately 1,250-square-foot interior.
Five Parking Spaces and a $250 Monthly HOA
The parking arrangement is particularly unusual for a Chicago condo.
The property includes five exterior driveway parking spaces, giving the owner considerably more parking capacity than is typically associated with condominium living.
Monthly association dues were $250, while the building permits both rentals and pets. No special assessment was reported at the time of the sale.
These details matter when comparing condos within the same price range. Parking, HOA costs, rental rules, storage and recent mechanical updates can substantially affect the overall ownership package.
Across From Hiawatha Park
Another advantage is the location directly across from Hiawatha Park, one of the recreational anchors of Belmont Heights. Historical neighborhood references identify Hiawatha Park as a central green space serving the Belmont Heights area.
Buyers unfamiliar with the broader community can also explore Option Premier's guide to living in Dunning for more information about housing and Northwest Side living.
Dunning includes several smaller neighborhoods, including Belmont Heights, Belmont Terrace, Irving Woods and Schorsch Village, which is useful context for buyers who see different neighborhood names attached to nearby properties.
How Does $332K Compare Right Now?
The price point remains particularly relevant.
As of early September 2026, another unit at 7942 W Addison St was being marketed at approximately $339,000 with 3 bedrooms, 2 bathrooms and roughly 1,300 square feet.
That makes this $332,000 closing a useful benchmark for buyers currently evaluating similar three-bedroom condos in the building and surrounding Belmont Heights/Dunning area.
It also reinforces why buyers should compare more than list price. Floor level, condition, parking, storage, recent improvements and association costs can create meaningful differences even between units within the same building.
Property Details
Property: 7942 W Addison St Unit 1, Chicago, IL 60634
Community: Belmont Heights / Dunning / Northwest Side Chicago
Status: Just Closed
Closed Date: August 31, 2026
Sale Price: $332,000
Beds/Baths: 3 Beds | 2 Baths
Living Area: 1,250 sq ft
Parking: 5 exterior driveway spaces
HOA: $250/month
Taxes: $5,347 for 2024, no exemptions
Storage: Large private basement storage room
Rental Policy: Rentals allowed
Pet Policy: Pets allowed
Represented By: Brian Caron of The Cory Tanzer Group at Option Premier
Compare Homes in Dunning and Belmont Heights
Looking for a 3-bedroom condo in Dunning or Belmont Heights, or considering selling a Northwest Side property?
Brian Caron of The Cory Tanzer Group at Option Premier can help buyers and sellers compare current listings, recent closings, association details and neighborhood pricing before making their next move.
DUNNING & BELMONT HEIGHTS REAL ESTATE
Meet Brian Caron, Your Local Dunning & Belmont Heights Real Estate Expert
The Cory Tanzer Group at Option Premier
Brian Caron is a local Dunning and Belmont Heights real estate expert and longtime Chicago broker helping buyers and sellers navigate condos, single-family homes and residential opportunities throughout Chicago's Northwest Side. A city resident for more than 20 years and a real estate professional for approximately two decades, Brian combines neighborhood knowledge, client education and skilled negotiation to help clients make informed buying and selling decisions.
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