3735 Belmont Ave, Chicago, IL 60618
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.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.