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3735 W Belmont Avenue
Chicago IL 60618 US

$1,149,000

Active Under Contract Listing ID 11955201
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$1,149,000

Active Under Contract Listing ID 11955201
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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.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Zoned A/C
  • Roof Type: Membrane

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1149000
  • unparsedaddress: 3735 W Belmont Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60618
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 12500
  • livingareaunits: Square Feet
  • latitude: 41.938911
  • longitude: -87.72113
  • listagentfullname: Anthony Schillaci
  • listagentemail: tony@schillacigroup.com
  • listagentkey: 3yd-MREDIL-877422
  • listagentmlsid: 877422
  • listagentpreferredphone: 7734912572
  • listagentofficephone: 7739291200
  • listofficekey: 3yd-MREDIL-18477
  • listofficemlsid: 18477
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1950
  • listingcontractdate: 2024-01-22
  • listagenturl: https://NellyCorpRealty.com
  • countyorparish: Cook
  • parcelnumber: 13261040030000
  • cooling: Zoned A/C
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Membrane
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -87.72113, 41.938911
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/MREDIL/11955201/?channel=rexren", "LeadRoutingEmail":"tony@schillacigroup.com", "BrokerName":"NellyCorp Realty", "ListingTitle":"Condominium, Apts/Ofc - Chicago, IL", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"andrew@nellycorprealty.com", "ListOfficeAddress1":"3025 N Western", "ListOfficeAddress2":null, "ListOfficeCity":"Chicago", "ListOfficePostalCode":"60618", "ListOfficeStateOrProvince":"IL", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"NellyCorp Realty", "ListBrokeragePhone":"(773) 929-1200", "ListBrokerageEmail":"andrew@nellycorprealty.com", "ListBrokerageWebsiteUrl":"https://NellyCorpRealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"3025 N Western Ave", "ListBrokerageUnitNumber":"Suite 101", "ListBrokerageCity":"Chicago", "ListBrokerageStateOrProvince":"IL", "ListBrokeragePostalCode":"60618", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-04-26T08:53:01Z", "Neighborhoods":[{"Name":"CHI - Avondale", "Description":null}], "Taxes":[{"TaxYear":"2022", "TaxAnnualAmount":30649, "TaxDescription":null}]}
Listing Changed: 4/26/2024 1:48:20 PM GMT
Source Updated Date: 5/4/2024 6:40:30 AM GMT

Courtesy of: Anthony Schillaci, Nelly Corp Realty, tony@schillacigroup.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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