3525 W Belmont Avenue Chicago, IL 60618
Pleased to offer the opportunity to purchase 3523 & 3525 W Belmont Ave, Chicago, two rehabbed retail stores within a professionally managed, fourteen-unit, mixed-use building, in Avondale, Chicago. Strategically located at the corners of Belmont Ave. and Drake St, it is zoned C1-1, an ideal zone for diverse commercial establishments. The retail spaces boast a combined square footage of 1, 400 SF, with an average footprint of 700 SF each. Both units are currently leased, with one housing a long-standing tenant on a month-to-month arrangement, were your goal to be to use one of the retail spaces, but expressing a keen interest in signing a long-term lease. The second retail space has recently secured a true long-standing lease at market rents, ensuring stable income for the new owner. Each retail storefront is equipped with tis own individual in-unit HVAC system, ensuring dedicated climate control of both hot and cold air for each retail storefront. Positioned just two blocks from the CTA Belmont Blue Line Stop and a minute away from the Kennedy Expressway (I-90/94), the property enjoys a high-traffic location. The surrounding area features renowned national credit tenants like Walgreens, Aldi, Dunkin, Subway, Five Below, T.J. Maxx, Shell Gas, and Bank of America, contributing to an Average Daily Traffic of 17, 500 vehicles. With a walking score of 90 on Belmont Ave., ample non-metered street parking, and proximity to major transit hubs, these commercial storefronts present an attractive investment opportunity in a thriving submarket on the Northside of Chicago. Unit photos shown are from before leasing the second storefront.
- Property TypeCommercial
- NeighborhoodN/A
- CountyCook
- Taxes$6,240
- HOA/Condo/Coop Fees$0
- Days on Site37 Days
- MLS StatusActive
- MLS ID Number11968456
- Home Size Source N/A
- Year Built2012
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 3525 W Belmont Avenue Chicago, IL 60618
a month ago | |
a month ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Electric Circuit Breakers
- Number of Stories 1
- Property Sub Type Condominium
- Number Of Stories 1
Interior Features
- Cooling Central Air
Community Features
- Township Jefferson
- MLS Area CHI - Avondale