3523-3525 W Belmont Ave
Chicago, IL 60618
Retail Property For Sale

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.