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    3735 Belmont Ave Chicago, IL 60618

    Sponsored
    For Sale
    $1,150,000

    12,000 SF Creative Office/Flex/Warehouse in Chicago

    Property size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,000-square-foot building at 3735 W Belmont Ave in Chicago's Avondale neighborhood presents a unique investment opportunity. The two-story structure, zoned B3-3, seamlessly blends creative office space with flexible warehouse capabilities. The building features a desirable mix of uses, including 6,000 square feet per floor, making it easily divisible to suit various tenant needs. High ceilings, measuring 12 feet, contribute to an airy and spacious interior, enhanced by abundant natural light. The property includes one dock-high door for efficient loading and unloading. Parking is accommodated by approximately 1,400 square feet of outdoor space, providing parking for four or five vehicles. The building is equipped with a wet sprinkler system, ensuring safety and compliance. Its prime location offers convenient access to the Kennedy Expressway and is within a 10-minute walk of the Blue Line, providing excellent public transportation access. The surrounding area is experiencing significant revitalization with new construction projects underway. The property is located in the 35th Ward, represented by Alderman Carlos Ramirez-Rosa. This versatile property is listed at $1,150,000 and offers a compelling blend of functionality, location, and growth potential.

    Property Features for 3735 Belmont Ave

    General Information

    Property type
    Office space
    Square Feet
    12,000 SF

    Building Details

    Stories
    2

    HighLights

    • Heavy timber construction, two‑story building in Avondale.
    • Abundant natural light.
    • Located in a revitalizing area with new construction.
    • Excellent access to the Kennedy Expressway.
    • Ten‑minute walk to the Blue Line.
    • Approximately 1,400 square feet of outdoor parking accommodating 4‑5 cars.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Doggy Dojo Inc. Dog Day Care Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7211483
    Latitude
    41.9389172

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    FAQs

    What type of property is this?
    Office space - 12,000 SF Creative Office/Flex/Warehouse in Chicago
    Where is this office space located?
    The property is located at 3735 Belmont Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: Heavy timber construction, two-story building in Avondale.; Abundant natural light.; Located in a revitalizing area with new construction.
    Request Owner's contact information
    3735 Belmont Ave Chicago, IL 60618
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3735 Belmont Ave Chicago, IL 60618
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