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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2823 Belmont Ave Chicago, IL 60618

5,000 SF Built 2022
Property ID
Property summary
AI-generated overview

This exceptional Class A commercial property, located at 2823 W Belmont Ave in Chicago's Avondale submarket (Cook County, IL, zip code 60618), offers 5,000 square feet of versatile space ideal for traditional office or medical office use. Built in 2022, the single-building property features two suites, with a total of 5,000 square feet currently vacant and available for lease. The minimum leasable space is 2,000 square feet, with a maximum contiguous space of 5,500 square feet. The building boasts a 15-foot ceiling height, providing ample space and a modern feel. Conveniently located on Belmont Avenue, the property is zoned for commercial use. Ample parking is available with two spaces provided. This prime location is well-suited for a variety of businesses, including medical offices, daycares, after-school programs, senior centers, and retail establishments. The property's modern design and desirable location make it an excellent opportunity for businesses seeking a high-quality space in a thriving Chicago neighborhood. The property is situated in the Chicago submarket, specifically within the Avondale submarket cluster.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2022
Total area 5,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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