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Office Building with Lower Level
New
For Lease
Contact for pricing

5850 W Belmont Avenue, Chicago, IL 60634

Existing office property with a full lower level and redevelopment flexibility on a substantial commercial site.

Space Size13,300 SF
Lot Size1.30 Acres
Days on Market3

Property Features for 5850 W Belmont Avenue

General Information

Standard status Active
Size 13,300 SF
Lot size 1.30 Acres
Property subtype Retail - Freestanding

Space & Availability

Available Land 1.30 Acres
Space Use Office

Additional Details

Road Access Yes
Land Use office

Building Details

Building Size 13,330 SF
Buildings 1

Spaces For Lease

at 5850 W Belmont Avenue Contact us

5850 W Belmont

Size
13,300 SF
Type
General Office
Rate
Contact for pricing
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Troy Companies
Listed By: Steve Cioromski
Source: Commercialcafe
Added: Aug 10 Changed: Aug 11 Last Checked: Aug 11 at 4:43AM

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

Investment Insights

Based on property information with market context.

Existing office improvements occupy a 1.3-acre site and provide 13,330 square feet of above-grade building area. A full lower level is also present and is excluded from the stated square footage. The property offers an existing office configuration for continued use or repositioning, subject to applicable approvals.

The building is positioned on the north side of Belmont Avenue between Austin Avenue and Menard Avenue in Chicago’s Belmont Central neighborhood. The site’s commercial setting supports consideration of multiple occupancy or development approaches, including an office lease, ground lease, or build-to-suit arrangement.

Key Highlights

  • 13,330 SF office building on a 1.3‑acre site
  • Full lower level not included in the stated SF
  • North side of Belmont Avenue between Austin Avenue and Menard Avenue

Property Analytics

Current Use

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

Suggested Use

Top Pick Law Firm Garden Center Tech Support Center Nursing Home Skin Care Clinic Home Appliance Store

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

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,843
Businesses Nearby

Demographics for 60634, IL

75,694
Population
29,344
Households
2.6
Avg Household Size
41
Median Age
27%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
10,661
Density / Sq Mi
$84,997
Median Household Income
$46,694
Median Earnings
$1,271
Median Rent
$333,900
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$18.58 /SF/Yr
Avg Asking Price
$11–$32.5 /SF/Yr
Price Range
44,067 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office building - Existing office property with a full lower level and redevelopment flexibility on a substantial commercial site.
Where is this office building located?
The property is located at 5850 W Belmont Avenue Chicago, IL.
What are key features of this property?
This property features: 13,330 SF office building on a 1.3‑acre site; Full lower level not included in the stated SF; North side of Belmont Avenue between Austin Avenue and Menard Avenue
More about this property
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