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Restaurant and Office Space
For Sale
Contact for pricing
Pending

4723 W Belmont Ave, Chicago, IL 60641

A 2009-built property with one restaurant space and two office areas within the remaining unit.

Property SizeContact for details
Days on Market147

Property Features for 4723 W Belmont Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: First Western Properties
Listed By: Paul Tsakiris · License #IL 471005153
Source: Crexi
Added: Apr 10 Changed: Aug 23 Last Checked: Sep 3 at 11:42AM

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 First Western Properties

Investment Insights

Based on property information with market context.

Built in 2009, this high-quality commercial property includes a restaurant occupying one space, with the other portion divided into two office areas.

The building’s current configuration supports both food service and professional office use under the existing layout.

For buyers seeking a mixed-function setup, the property provides two office spaces alongside the restaurant unit within the same 2009 construction.

Key Highlights

  • 2009‑built property
  • One unit currently used as a restaurant
  • Second unit space is divided into 2 office areas

Property Analytics

Current Use

Food Service Educational ... Training Center

Suggested Use

Top Pick Law Firm Acupuncture Skin Care Clinic Catering Service (Bike/Boat/Book/etc) Store Nursing Home

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

Location Intelligence

Trade Area within ½ mile

1,607
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value

Market

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?
Conventional restaurant - A 2009-built property with one restaurant space and two office areas within the remaining unit.
Where is this conventional restaurant located?
The property is located at 4723 W Belmont Ave Chicago, IL.
What are key features of this property?
This property features: 2009‑built property; One unit currently used as a restaurant; Second unit space is divided into 2 office areas
(773) 355-4780 Call to check price and availability
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