3700 Belmont AveChicago, IL 60618

  • Commercial real estate
  • 0.08 AC
For Lease
$19/SF/YR View listing

Property Details for 3700 Belmont Ave

Year built
1978
Lot size
0.08 AC
Property type
Commercial real estate
APN
13-23-330-038
APU
1323330038

Description

This exceptional Class A commercial space, newly constructed in 2023, offers 2,800 square feet of versatile space divisible to a minimum of 1,400 square feet. Located at 3700 W Belmont Ave, Chicago, IL 60618, this property boasts a prime location in the Avondale submarket, just blocks from the CTA Blue Line and major highways (I-90/I-94), providing convenient 24-hour access. The space features a 13-foot ceiling height and is situated at the base of a new luxury apartment building, ensuring high foot traffic from both pedestrians and vehicles. The building offers two parking spaces. The 800A power supply is suitable for a variety of businesses. The zoning is B3. This location benefits from its proximity to numerous amenities, including Target, a beauty supply store, Dunkin' Donuts & Baskin-Robbins, a gym, bars, restaurants, and a hair salon. Nearby conveniences include a bank and an elementary school. The "vanilla shell" finish allows for complete customization to meet your specific business needs, making it ideal for both retail and office uses. This space presents a unique opportunity to establish a thriving business in a high-traffic, amenity-rich area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,137,009
    Hospitality
    $1,041,494
    Educational
    $866,511
    Medical
    $896,311
    Retail
    $1,347,906
3700 Belmont Ave, Chicago, Illinois

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9395
Longitude
-87.72
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,187
$14,850
$594
$15,444
-
$59,400
$2,376
$61,776

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