Courtesy of: Anthony Schillaci, Nelly Corp Realty, tony@schillacigroup.com
Courtesy of: Anthony Schillaci, Nelly Corp Realty, tony@schillacigroup.com
$1,149,000
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Other
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$1,149,000
3735 W Belmont Avenue Excellent investment opportunity to purchase one of the last heavy timber buildings in the Avondale area. This 2 story building is in great condition, plenty of power and has 15" clear ceiling height. The property has been up-zoned to a B3-3 classification creating increased value ready for a future condo or apartment development. There is a side driveway for access and parking. Rents are below market value and should be increased based on the strong commercial market and new construction in the area. 2 tenants have short term leases in place. Area tenant base includes Sleeping Village Bar, Chicago Strength gym, The Avondale Tap, PNC Bank, Dunkin Donuts and many more. Close proximity to I-90 and the blue line/Belmont bus with great connectivity to O'Hare. Belmont Ave's VPD is 21, 000.
Courtesy of: Anthony Schillaci, Nelly Corp Realty, tony@schillacigroup.com
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