The Belmont Triangle | +/-169,000 SqFt Mix Use Redevelopment
We are pleased to introduce for sale redevelopment of approximately 3.89 acres of privately owned property generally located within the street boundaries of Belmont Avenue, Pulaski Road, and Milwaukee Avenue in the Avondale community. These properties represent an opportunity to provide a new community gateway within three important mixed-use corridors known as “the Belmont Triangle.” Recent community engagement has reiterated several key priorities for the redevelopment of these vacant parcels into a plan which builds off public open space that provides opportunities to work, play, congregate, and dine.
It's strive to provide a neighborhood destination while enhancing opportunities for new storefronts and related amenities that provide easy access from adjacent blocks, including students, that attend school at Frederico Garcia Lorca Elementary School.
The subject properties are within the Avondale community on a triangular block bounded by the Milwaukee Avenue, Pulaski Road and Belmont Avenue corridors in the Northwest Region of Chicago. The Avondale community is within the 30th Ward of Chicago and is located approximately six miles northwest of the Loop. Residential neighborhoods border the site in all directions, providing stability and support for corridor revitalization. According to the 2020 CMAP Community Data Snapshots, the Avondale community has 14,578 households and an average household size of 2.5. the Belmont Triangle has numerous potential vacant sites that could be redeveloped along major corridors within the Avondale community. Zoning B3-1 Business, Tax Increment Financing (TIF) district: Fullerton/Milwaukee.