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    3225 N Western Ave Chicago, IL 60618

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    For Sale
    $19,150,000

    Shopping center at Western & Belmont Avenues in Roscoe Village.

    Property size:
    20,059 SF
    Lot size:
    1.05 Acres

    Property Features for 3225 N Western Ave

    General Information

    Size
    20,059 SF
    Lot size
    1.05 Acres
    Source: Moodyscre

    Listing Agent: Joe Girardi

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

    Overview

    Western & Belmont Shopping Center

    A recently-constructed shopping center is available for sale. The property is prominently positioned at the intersection of Western & Belmont Avenues in the Roscoe Village neighborhood. The property has a size of 20059 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    La Bodega, Ltd Wholesale Grocer Nuñez wholesale Inc Supermarket

    Suggested Use

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

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

    Similar Places Nearby

    Riverview Plaza, Coinstar Kiosk - Bitcoin ATM, Addison Mall, Target donde nos gustó un mueble, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6876213
    Latitude
    41.94012

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    FAQs

    What type of property is this?
    Shopping center - Shopping center at Western & Belmont Avenues in Roscoe Village.
    Where is this shopping center located?
    The property is located at 3225 N Western Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $19,150,000.
    What are key features of this property?
    This property features: - Prominently positioned at the intersection of Western & Belmont Avenues.; - Located in the desirable Roscoe Village neighborhood.; - Recently-constructed shopping center.
    (630) 954-7327
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    Chicago, IL 60618
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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
    3225 N Western Ave Chicago, IL 60618
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