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Commercial Land with Existing Building
For Sale
$1,599,000

5500-14 W BELMONT Avenue, Chicago, IL 60641

Commercial parcel with an existing building at the Belmont and Central intersection, zoned COMMR.

Property Size7,000 SF
Days on Market1826

Property Features for 5500-14 W BELMONT Avenue

General Information

Standard status Active
Size 7,000 SF
Property subtype Commercial
Zoning COMMR

Taxes and HOA fees

Annual Taxes $32,000

Building Details

Building Size 7,000 SF
Year Built 1950
Stories 1
Units 5
Listing Agency: Avondale Realty LLC
Listed By: Leszek Gadek · License #475154135
Source: Midwestrealestate
Added: Aug 23, 2021 Changed: Aug 21 Last Checked: Aug 22 at 1:02PM

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 Avondale Realty LLC

Investment Insights

Based on property information with market context.

This commercial land offering comprises a 21875 SF lot with an approximately 7000 SF building. The existing structure was built in 1950, providing an established improvement on the parcel.

The property is located at 5500-14 W Belmont Avenue in Chicago, at Belmont and Central. COMMR zoning supports its commercial classification.

Key Highlights

  • 21875 SF commercial lot
  • Approximately 7000 SF existing building
  • Building constructed in 1950

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Skin Care Clinic Garden Center Nursing Home Catering Service HVAC Service

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

1,975
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial parcel with an existing building at the Belmont and Central intersection, zoned COMMR.
Where is this commercial land located?
The property is located at 5500-14 W BELMONT Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: 21875 SF commercial lot; Approximately 7000 SF existing building; Building constructed in 1950
More about this property
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