Belmont Avenue Flex
For Lease
$1,725,000
3743 West Belmont Avenue, Chicago, IL 60618
Flex space available near Belmont and Milwaukee.
Space SizeContact for details
Days on Market222
Property Features for 3743 West Belmont Avenue
General Information
Standard status
Active
Property subtype
FlexIndustrial
Site & Location
Neighborhood
Avondale
Listing Agency:
CBRE | Chicago
Listed By:
Mitch Adams
(312) 935-1469
Source:
Cbre
Added: Mar 25
Changed: Oct 25
Last Checked: Oct 30 at 11:47AM
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 CBRE | Chicago
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Investment Insights
Based on property information with market context.
This property features a +/- 13,200 square foot building with +/- 6,500 square feet available for lease. The space has a 10'11" clear height and includes two drive-in doors. The building is fully sprinklered and equipped with 400 amps of 3-phase power. The 2020 taxes were $26,679.67, which equates to $2.02 per square foot. The lease rate is $6,750 gross plus utilities. Additionally, +/- 6,500 SF is occupied by Chicago Strength, with a lease expiring in 2033, two 5-year options, and a current lease rate of $15.15 Net with 2.5% annual escalations. The property is located near Belmont & Milwaukee, approximately 0.5 miles from the Belmont Blue Line Station.
Key Highlights
- Long‑term tenant (Chicago Strength) in place with lease expiring in 2033, providing immediate income.
- Attractive lease terms: $15.15 Net, 2.5% annual escalations, and two 5‑year options.
- Building size: +/- 13,200 SF.
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,138
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$18.26 /SF/Yr
Avg Asking Price
$8–$33 /SF/Yr
Price Range
16,264 SF
Avg Space Size
Vacancy Rate% for Industrial in Chicago, IL
Similar Off Market Nearby
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- Curry Lush — 3517 N Spaulding Ave, Chicago, IL 60618
- Taquiza Restauranteur 01 — 3517 N Spaulding Ave, Chicago, IL 60618
Frequently Asked Questions
What type of property is this?
Flex space - Flex space available near Belmont and Milwaukee.
Where is this flex space located?
The property is located at 3743 West Belmont Avenue Chicago, IL.
What is the lease rate?
The lease rate is $1,725,000.
What are key features of this property?
This property features: Long‑term tenant (Chicago Strength) in place with lease expiring in 2033, providing immediate income.; Attractive lease terms: $15.15 Net, 2.5% annual escalations, and two 5‑year options.; Building size: +/- 13,200 SF.
