Property profile

3735 Belmont Ave Chicago, IL 60618

OFF-MARKET
Warehouses
12,000 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Total area 12,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Kennel & Boarding Facility

Location

3735 Belmont Ave Chicago, IL 60618
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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