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    3656 W Belmont Ave Chicago, IL 60647

    For Lease
    $23 SF/Yr

    Prime Logan Square location suitable for retail, restaurant, or office.

    Property Features for 3656 W Belmont Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    2023

    Source: ARC RED INC ARC REALTY GROUP Agent ANDRZEJ OLSZOWKA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Logan Square Retail/Restaurant/Office Space

    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 equipped with black iron and alley loading, making it suitable for a restaurant or bar. The space can also be utilized as a retail store or office. Located near the Target Mega Store, the property enjoys high visibility, making it an excellent choice for any business looking to establish a presence in the area. The surrounding area has plenty of foot traffic and an active customer base. The space offers a unique opportunity to lease a prime location in Logan Square with a high level of flexibility for a tenant to create a space that meets their specific business requirements.
    Location Intelligence

    Current Use by Public Records

    WNVR Medical Diagnostic Imaging Center Polvision Television Station

    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
    -87.7196886
    Latitude
    41.9394809

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    FAQs

    What type of property is this?
    Retail space - Prime Logan Square location suitable for retail, restaurant, or office.
    Where is this retail space located?
    The property is located at 3656 W Belmont Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in Logan Square at the base of The 3656 Wilmot luxury apartments.; - High-traffic area on Milwaukee Ave, surrounded by popular restaurants and retail.; - Equipped with black iron and alley loading, ideal for a restaurant or bar.
    (708) 715-2423
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    3656 W Belmont Ave Chicago, IL 60647
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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
    3656 W Belmont Ave Chicago, IL 60647
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