For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Office Building with Development Potential Title is generated by Realmo AI

    5850 W Belmont Avenue, Chicago, IL 60634

    View on Map
    Claim this Listing
    New
    For Sale
    $3,200,000

    Chicago office building on 1.3 acres with Belmont frontage and B3-1 zoning for renovation or redevelopment.

    Type:Development Opportunity
    Added:
    Jun 24, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 27 at 2:29 am

    Property Features for 5850 W Belmont Avenue

    General Information

    Standard status
    Active
    Property subtype
    Development Opportunity

    We can help!

    Contact an agent
    Steve Cioromski
    Steve Cioromski

    Listing office Troy Companies

    Listing date Jun 24, 2026

    Source Troyrealtyltd

    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 Troy Companies

    HighLights

    • 13,330 SF office building on a 1.3‑acre site with Belmont Ave frontage
    • 455 ft of frontage along Belmont Ave with high traffic counts
    • Zoned B3‑1, offering versatile use for renovation, multi‑tenant, or redevelopment
    • Ample on‑site parking available
    • Full lower level included as part of the building (not included in the 13,330 SF)

    Overview

    An existing office building totaling 13,330 square feet sits on a spacious 1.3-acre site, with a full lower level that is not included in the stated square footage. The property is offered as a value-add opportunity, with modernization and renovation possibilities depending on the intended end use. Ample on-site parking is available to support occupant and customer access, whether the building is used as-is, reconfigured for multiple users, or reworked for a new concept.

    The building benefits from approximately 455 feet of frontage along Belmont Ave, with high traffic counts noted along the corridor. The property is zoned B3-1 for versatile use, and the seller also notes the site could be considered for multi-tenant, single-tenant, or new construction approaches. The remarks further discuss the site’s potential for three to four freestanding retail pad sites.

    For buyers and investors, this asset can fit operators looking for an office conversion and repositioning project, particularly where frontage and zoning flexibility support a broader tenant mix. Alternatively, the combination of a sizeable parcel, substantial road frontage, and B3-1 zoning may appeal to developers evaluating redevelopment options that capitalize on corridor visibility. Inquiries are available for additional details on the building and site considerations.
    Location Intelligence

    Current Use by Public Records

    U.S. Bank Branch Bank U.S. Bank ATM Atm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7737136
    Latitude
    41.9387611

    FAQs

    What type of property is this?
    Office building - Chicago office building on 1.3 acres with Belmont frontage and B3-1 zoning for renovation or redevelopment.
    Where is this office building located?
    The property is located at 5850 W Belmont Avenue Chicago, IL.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: 13,330 SF office building on a 1.3‑acre site with Belmont Ave frontage; 455 ft of frontage along Belmont Ave with high traffic counts; Zoned B3‑1, offering versatile use for renovation, multi‑tenant, or redevelopment
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message