3743 Belmont Ave Chicago, IL 60618
This exceptional 13,000-square-foot flex/retail space is ideally situated at 3743 W Belmont Avenue in Chicago's vibrant Avondale neighborhood. Built in 1930, this single-tenant property boasts a prime location on a major commercial corridor, just east of the highly visible intersection of Belmont Avenue and Milwaukee Avenue, experiencing over 17,000 vehicles per day. The building offers excellent accessibility, with convenient proximity to the Belmont Blue Line "L" station and approximately half a mile from Interstate 90/94. The space features desirable characteristics for a variety of uses, including nearly 14-foot ceilings, one loading dock, and two drive-in doors. This location benefits from strong surrounding retail presence, including national brands such as Aldi, Walgreens, CVS, Five Below, Bank of America, and numerous other popular businesses. The property is located in Cook County, Illinois, and offers a rare opportunity to lease a substantial space in a high-traffic area with excellent visibility and convenient access to public transportation and major roadways. The entire 13,000 square feet is currently vacant and ready for immediate occupancy. This property presents a unique opportunity for businesses seeking a prominent location in a thriving Chicago neighborhood.
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.