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Logan Square Retail/Restaurant/Office Space
For Lease
$18 SF/Yr

3656 W Belmont Avenue, Chicago, IL 60647

Prime location for retail, restaurant, spa, or office space.

Space SizeContact for details
Days on Market869

Property Features for 3656 W Belmont Avenue

General Information

Standard status Active

Building Details

Year Built 2023
Listing Agency: ARC RED INC ARC REALTY GROUP
Listed By: ANDRZEJ OLSZOWKA · License #475160900
Source: Corcoran
Added: Apr 23, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ARC RED INC ARC REALTY GROUP

Investment Insights

Based on property information with market context.

This property is located at the base of The 3656 Wilmot luxury apartments in Logan Square, benefiting from a high-traffic area along Milwaukee Ave, surrounded by restaurants and retail stores. The newly constructed space features a vanilla finish, providing a customizable interior for various business needs. It is suitable for a restaurant or bar, equipped with black iron and alley loading. The space can also be utilized as a retail store or office. Located near the Target Mega Store in Logan Square, the property enjoys high visibility, making it an excellent choice for establishing a business presence in the area. With substantial foot traffic and an active customer base, the space is well-suited for a variety of businesses, offering a unique opportunity to lease a prime location in Logan Square with flexibility to create a space that meets specific business requirements.

Key Highlights

  • Prime location in high‑traffic Logan Square, surrounded by popular restaurants and retail on Milwaukee Ave.
  • Ideal for restaurant/bar use with existing black iron and alley loading.
  • Located at the base of The 3656 Wilmot luxury apartments, providing a built‑in customer base.

Property Analytics

Current Use

WNVR Medical Clinic Polvision Television Studio

Suggested Use

Top Pick Law Firm Nursing Home Skin Care Clinic Home Appliance Store (Bike/Boat/Book/etc) Store Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,138
Businesses Nearby

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$26.1 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
8,322 SF
Avg Space Size

This space is priced 31% below the average of $26.1 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Prime location for retail, restaurant, spa, or office space.
Where is this retail space located?
The property is located at 3656 W Belmont Avenue Chicago, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Prime location in high‑traffic Logan Square, surrounded by popular restaurants and retail on Milwaukee Ave.; Ideal for restaurant/bar use with existing black iron and alley loading.; Located at the base of The 3656 Wilmot luxury apartments, providing a built‑in customer base.
More about this property
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