3525 W Belmont Avenue, Chicago, IL, 60618

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$215,000
36 Days Online

3525 W Belmont Avenue
Chicago, IL 60618

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
1,400
SqFt
$154
/SqFt
2012
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Keller Williams ONEChicago 312-216-2422
Call Now: 877 582 4399
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877 582 4399
3525 W Belmont Avenue3525 W Belmont Avenue3525 W Belmont Avenue3525 W Belmont Avenue
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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.

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Listing Snapshot
Price 
$215,000
Days Online 
36 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,400 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2012
MLS Number 
11968456
Status 
Active
Property Tax 
$6,099
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
a month agoListing first seen online
General Features
Electric 
Circuit Breakers
Number of Stories 
1
Property Sub Type 
Condominium
Number Of Stories 
1
Interior Features
Cooling 
Central Air
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Community Features
Township 
Jefferson
MLS Area 
CHI - Avondale
Listing Courtesy of MRED as distributed by MLS Grid of Keller Williams ONEChicago 312-216-2422



Based on information submitted to the MLS GRID as of 2024-03-04 03:40 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-03-04 03:40 PM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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