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    5834 W Belmont Ave Chicago, IL 60657

    For Sale
    Contact for pricing

    13,330 sq ft office building on 1.3-acre site.

    Property size:
    13,330 SF
    Lot size:
    1.46 Acres

    Property Features for 5834 W Belmont Ave

    General Information

    Size
    13,330 SF
    Lot size
    1.46 Acres

    Source: Troy Companies Agent Steve Cioromski

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

    Overview

    Office Building on Spacious Site

    An existing 13,330 sq. ft. office building is available for sale. The building is situated on a 1.3-acre site. The building features a full lower level that is not included in the square footage. The property is suitable for renovation of the existing building or development of the site. There is potential for three to four freestanding retail pad sites.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    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
    -87.7729076
    Latitude
    41.9387605

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    FAQs

    What type of property is this?
    Office building - 13,330 sq ft office building on 1.3-acre site.
    Where is this office building located?
    The property is located at 5834 W Belmont Ave Chicago, IL.
    What are key features of this property?
    This property features: - Prime development site suitable for renovation or new construction.; - Spacious 1.3-acre site offers ample space.; - Potential for three to four freestanding retail pad sites.
    (847) 612-8716
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    5834 W Belmont Ave Chicago, IL 60657
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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
    5834 W Belmont Ave Chicago, IL 60657
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