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3525 West Belmont Avenue Chicago, IL 60618

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For Sale
$215,000

Two retail condominiums in a high-growth Chicago submarket.

Type:SCR
Property size:
1,400 SF
Added:
Jan 14, 2025
Days on Market:
449
Last Refresh:
Apr 3 at 4:56 am

Property Features for 3525 West Belmont Avenue

General Information

Standard status
Active
Size
1,400 SF
Property subtype
SCR

Building Details

Year Built
1970

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Listing Contact
Manny Regalado

Listing agent Manny Regalado

Listing office Keller Williams ONEChicago

Listing date Jan 14, 2025

Source Realnex

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 Keller Williams ONEChicago


Overview

Avondale Retail Condominiums For Sale

Located at 3523 & 3525 W Belmont Ave in the Avondale neighborhood of Chicago, these two retail storefront condominiums are positioned within a professionally managed 14-unit mixed-use building. Situated in the Belmont & Kimball corridor, at the intersection of Belmont Ave & Drake Ave, this property offers a combination of in-place income and owner-user flexibility, with one unit delivered vacant and available for immediate occupancy. The total retail size is approximately 1,400 square feet, with each unit being approximately 700 square feet. The zoning is C1-1 (Neighborhood Commercial District). Each space has separate, in-unit HVAC systems. The property is structured as condo ownership. One unit, 3525 W Belmont Ave, is delivered vacant, making it ideal for owner-occupiers, boutique retailers, service users, or office users. The adjacent unit, 3523 W Belmont Ave, is occupied by an established tenant, providing immediate cash flow with upside potential. The tenant is on a month-to-month lease. The property is located on Belmont Ave, with an estimated 17,000+ vehicles per day. It is located near the Belmont & Kimball intersection, and is near national and regional anchors including Walgreens, ALDI, Dunkin’, Subway, Five Below, T.J. Maxx, Bank of America, and Shell. The property is minutes from I-90/94 Kennedy Expressway, approximately 2 blocks to CTA Belmont Blue Line Station, and has multiple CTA bus routes servicing Belmont Ave. The Walk Score is 90+ (Walker’s Paradise). This property is ideal for owner-users seeking a high-visibility retail presence, investors seeking stable income with upside, hybrid buyers (occupy one / lease one), service retail, boutique concepts, medical, office, or creative uses.
Location Intelligence

Current Use by Public Records

Orchid Club Alternative Medicine Practice All Tax Service, ... Accounting Firm

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.7159867
Latitude
41.9389804

FAQs

What type of property is this?
Retail space - Two retail condominiums in a high-growth Chicago submarket.
Where is this retail space located?
The property is located at 3525 West Belmont Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Prime Location: High‑visibility on Belmont Ave in Avondale's Belmont/Kimball corridor, with 17,000+ vehicles per day and a Walk Score of 90+.; Owner‑User Opportunity: One unit (3525 W Belmont Ave) is vacant with a brand new buildout, ideal for immediate occupancy.; In‑Place Income: One unit (3523 W Belmont Ave) is occupied by an established tenant, providing immediate cash flow.
More about this property
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