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    3239 Belmont Ave Chicago, IL 60618

    Sponsored
    For Lease
    Contact for pricing

    11,013 SF Warehouse - Ideal for Lease

    Lot size:
    11,013 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional single-tenant warehouse, located at 3239 W Belmont Ave in Chicago, IL, presents a significant opportunity for businesses seeking a substantial space in Cook County. The property boasts a generous 11,013 square feet of vacant space, ready for immediate occupancy. With a high ceiling of 20 feet, the warehouse offers ample vertical storage capacity, maximizing efficiency and storage potential. The building's classification as both retail and industrial allows for a wide range of potential uses, catering to diverse business needs. Ample parking is provided with 48 spaces available on-site, ensuring convenient access for employees, clients, and deliveries. The property's prime location in Chicago's vibrant Belmont Avenue area offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strategic location within Cook County. The zip code is 60618. This warehouse is currently available for lease and represents a compelling investment opportunity for businesses seeking a functional and strategically located space. The property is categorized as a single-tenant building, offering a streamlined and efficient operational environment. The total building square footage is 11,013 square feet.

    Property Features for 3239 Belmont Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,013 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    11,013 SF

    HighLights

    • 11,013 SF single‑tenant warehouse available for lease in Chicago, IL (60618).
    • High ceilings (20 ft) provide ample vertical storage.
    • 48‑space surface parking lot.
    • Excellent highway visibility from I‑90/94.
    • Located in the vibrant Belmont Avenue area of Cook County.
    Property Profile Location Intelligence

    Current Use by Public Records

    XSport Fitness Fitness 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
    -87.7091569
    Latitude
    41.9390971

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    FAQs

    What type of property is this?
    Distribution property - 11,013 SF Warehouse - Ideal for Lease
    Where is this distribution property located?
    The property is located at 3239 Belmont Ave Chicago, IL.
    What are key features of this property?
    This property features: 11,013 SF single-tenant warehouse available for lease in Chicago, IL (60618).; High ceilings (20 ft) provide ample vertical storage.; 48-space surface parking lot.
    Request Owner's contact information
    3239 Belmont Ave Chicago, IL 60618
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    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
    3239 Belmont Ave Chicago, IL 60618
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