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    6738 W Belmont Ave Chicago, IL 60634

    Sponsored
    For Sale
    $925,000

    COMMERCIAL - Chicago, IL

    Type:Retail
    Lot size:
    0.23 Acres
    Days on Market:
    330
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 6738 W Belmont Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    RTAIL
    APN
    13194260330000
    Lot size
    0.23 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1941
    Floors in Building
    1
    Number of units
    4
    Building materials
    Brick
    Roof type
    Membrane

    Golden Arrow Realty inc (773) 622-1100 x202 [email protected]

    Listing agent Jerry Mustafa (773) 544-7790

    Listing date Feb 10, 2025

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Retail Strip For Sale

    Located near the lighted intersection of Belmont Avenue and Oak Park Avenue in Chicago's Schorsch Village neighborhood, this fully leased and well-maintained multi-tenant corner retail strip offers approximately 6,500 square feet of space. The property is suitable for long-term investors or redevelopment. It features 80 feet of storefront on high-traffic Belmont Avenue and is situated on an approximately 10,137 square foot lot. Some parking is available in the rear. The surrounding area includes a mix of residential, retail, and office spaces, such as Family Dollar, insurance agencies, real estate offices, Walgreens, restaurants, condos, and single-family homes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7948638
    Latitude
    41.938442

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    FAQs

    What type of property is this?
    Strip mall - Fully leased retail strip in Chicago's Schorsch Village neighborhood.
    Where is this strip mall located?
    The property is located at 6738 W Belmont Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: - Fully leased, well-maintained 6,500 SF multi-tenant retail strip.; - Located at a lighted intersection (Belmont Ave / Oak Park Ave) in Schorsch Village.; - **80 feet of storefront on high-traffic Belmont Ave.**
    (773) 544-7790
    Request Owner's contact information
    6738 W Belmont Ave Chicago, IL 60634
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    Chicago, IL 60634
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6738 W Belmont Ave Chicago, IL 60634
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