3437 Belmont Ave Chicago, IL 60618
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 3437 Belmont Ave
- Property type
- Commercial real estate
Description
This exceptional 3,125 square foot vacant lot presents a remarkable opportunity for transit-oriented development (TOD) in Chicago's vibrant Avondale/Logan Square neighborhood. Located at 3437 W Belmont Ave, this property boasts a convenient location approximately 504 feet from the CTA Blue Line's Belmont stop, providing easy access to public transportation. The lot, measuring 25' x 125', is zoned C1-1 and features a curb cut on Belmont Street. Its strategic position offers excellent visibility and accessibility, situated across the street from a Walgreens and just a block from an Aldi grocery store. Easy access to I-90/94 further enhances its appeal. The property is listed at $475,000, with 2023 taxes totaling $1,277. The Cook County tax PIN is 13-26-202-009. This site, within the 35th Ward (Alderman Carlos Ramirez-Rosa), represents a compelling investment in a rapidly growing area. The property's size and zoning make it suitable for a variety of residential development projects, capitalizing on the high demand for housing in this desirable location. Don't miss this chance to acquire a prime development site in one of Chicago's most sought-after neighborhoods.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.714068428996
- Latitude
- 41.939279965323
