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Prime Chicago Office/Retail Space
For Lease
$11 SF/Yr

3700 W Belmont Ave, Chicago, IL 60618

Versatile 1,400-2,800 SF space near CTA Blue Line.

Space Size2,800 SF
Days on Market166

Property Features for 3700 W Belmont Ave

General Information

Standard status Active
Size 2,800 SF
Property subtype Retail
Lease Term MG

Building Details

Building Size 2,800 SF
Year Built 1978

Spaces For Lease

at 3700 W Belmont Ave Contact us

1st Floor corner location Retail $11/SF/Yr

Size
2,800 SF
Term
60 months
Contact us
Listing Agency: ARC REO Inc ARC Realty Group
Listed By: Andrew Olszowka · License #IL #475160900
Source: Troyrealtyltd
Added: Mar 26 Changed: Sep 6 Last Checked: Sep 6 at 4:08AM

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 ARC REO Inc ARC Realty Group

Investment Insights

Based on property information with market context.

Located at 3700 W Belmont Avenue, Chicago, this office/retail space offers 1,400 to 2,800 square feet of space. The property is situated at the base of a new luxury apartment building, ensuring a steady flow of pedestrian and vehicular traffic. The location is a few blocks from the CTA Blue Line and Hwy I-90/I-94, providing 24-hour access. The space features a vanilla finish, offering a customizable environment suitable for both retail and office purposes. The property is located adjacent to Target, a beauty supply chain store, Dunkin' Donuts & Baskin-Robbins, Chicago Strength Gym, Sleeping Village Bar, Di Vita’s Italian Pizza, Gorditas Loli’s Mexican Restaurant, and Avondale Hair Salon. Nearby conveniences include PNC Bank and Federico Garcia Lorca Elementary School. The location's high foot traffic ensures a vibrant customer base, making it suitable for a variety of businesses. The space offers tenants the flexibility to create a space that meets their specific requirements, with easy access for customers.

Key Highlights

  • Prime location with 24‑hour access, near CTA Blue Line and Hwy I‑90/I‑94.
  • High‑traffic area at the base of a new luxury apartment building.
  • Versatile 1,400 SF unit suitable for retail or office use.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Nursing Home Skin Care Clinic Home Appliance Store (Bike/Boat/Book/etc) Store Bed & Breakfast

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

Lease Details

NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,138
Businesses Nearby

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 SF
Avg Space Size

This space is priced 60% below the average of $27.62 /SF/Yr.

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?
Retail space - Versatile 1,400-2,800 SF space near CTA Blue Line.
Where is this retail space located?
The property is located at 3700 W Belmont Ave Chicago, IL.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Prime location with 24‑hour access, near CTA Blue Line and Hwy I‑90/I‑94.; High‑traffic area at the base of a new luxury apartment building.; Versatile 1,400 SF unit suitable for retail or office use.
More about this property
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