2823 Belmont Ave Chicago, IL 60618
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.