3523-3525 W Belmont Ave - Apartments CONDO FOR SALE


Chicago, IL 60618- Logan Square
$128,400-$130,000 USD
312-730-2029
3523-3525 W Belmont Ave, Chicago, IL for Sale
$128,400-$130,000 USD
Apartments CONDO - FOR SALE
1/16
700 SF | Request Cap Rate

3523-3525 W Belmont Ave
Chicago, IL 60618
Logan Square


HIGHLIGHTS

  • Two retail condos totaling 1,400 SF in a 14-unit mixed-use building in Avondale’s Belmont/Kimball corridor
  • 3525 W Belmont (700 SF) delivered vacant—ideal for owner-user or investor seeking immediate occupancy
  • 3523 W Belmont (700 SF) leased—provides in-place income with upside and lease flexibility
  • High-visibility Belmont Ave location with 17,000+ VPD and strong pedestrian traffic
  • Steps from Walgreens, ALDI, Dunkin’, and major national retailers at Belmont & Kimball
  • Minutes to I-90/94, CTA Blue Line, and multiple bus routes; Walk Score 90+

OVERVIEW

FOR SALE | PRIME RETAIL CONDOMINIUMS 3523 & 3525 W Belmont Ave, Chicago, IL 60618?Avondale | Belmont & Kimball Corridor KW Commercial is pleased to present the opportunity to acquire two retail storefront condominiums located at 3523 & 3525 W Belmont Ave, positioned within a professionally managed 14-unit mixed-use building in the heart of Avondale’s rapidly evolving Belmont/Kimball corridor. Strategically situated at the intersection of Belmont Ave & Drake Ave, this offering provides a compelling combination of in-place income and owner-user flexibility, with one unit now delivered vacant and available for immediate occupancy. PROPERTY OVERVIEW Total Retail Size: ±1,400 SF (±700 SF each unit) Zoning: C1-1 (Neighborhood Commercial District) Configuration: Two individual retail condominiums Building: 14-unit mixed-use (residential over retail) HVAC: Separate, in-unit systems for each space Ownership Structure: Condo ownership (low maintenance, efficient operations) INVESTMENT HIGHLIGHTS Owner-User Opportunity (Vacant Unit) 3525 W Belmont Ave delivered vacant - Ideal for owner-occupiers, boutique retailers, service users, or office users - Ability to offset occupancy costs with income from adjacent leased unit - Brand new buildout In-Place Income (Stabilized Unit) - 3523 W Belmont Ave occupied by an established tenant - Provides immediate cash flow with upside potential - Ideal structure for live/work investors or passive ownership - Month-to-month lease structure; tenant may sign long lease LOCATION ADVANTAGES - High-Exposure Belmont Corridor - Positioned on Belmont Ave, a major east-west arterial with strong vehicle and pedestrian traffic - Estimated 17,000+ vehicles per day - Excellent storefront visibility and signage potential Steps from Belmont & Kimball Intersection Located just steps from one of Avondale’s most active retail intersections, surrounded by national and regional anchors including: - Walgreens - ALDI - Dunkin’ - Subway - Five Below - T.J. Maxx - Bank of America - Shell - Plus more... This node continues to attract national tenancy and retail reinvestment, strengthening long-term value. Transit & Accessibility: - Minutes to I-90/94 Kennedy Expressway - Approximately 2 blocks to CTA Belmont Blue Line Station - Multiple CTA bus routes servicing Belmont Ave - Walk Score: 90+ (Walker’s Paradise) AREA & SUBMARKET Avondale continues to emerge as one of Chicago’s most sought-after neighborhoods for both retail users and investors, driven by: - Ongoing residential density growth - Proximity to Logan Square and Roscoe Village - Increasing retail demand and limited storefront supply - Strong demographic fundamentals and neighborhood revitalization IDEAL FOR - Owner-users seeking high-visibility retail presence - Investors seeking stable income with upside - Hybrid buyers (occupy one / lease one) - Service retail, boutique concepts, medical, office, or creative uses SUMMARY This offering presents a rare opportunity to acquire two contiguous retail condominiums in a high-growth Chicago submarket, combining income stability with owner-user optionality. The newly vacant unit enhances flexibility, making this an ideal acquisition for buyers seeking both control and long-term appreciation in a thriving urban corridor.

FOR SALE DETAILS

PRICE

$128,400-$130,000 USD

CAP RATE

Request Cap Rate

# OF UNITS

2

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

11,139 SF

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1933

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

C1-1, Chicago

APN/PARCEL ID

13-26-201-044-0000

ASK ABOUT THIS PROPERTY

Manny RegaladoKW Commercial ChicagoMore Info
312-730-2029

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Manny RegaladoKW Commercial ChicagoMore Info
312-730-2029

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.