2401 Belmont & 2414Chicago, IL 60618

For Sale
$6,250,000

Chicago development opportunity. 48,520 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 48,520 square foot commercial land parcel, located at 2401 West Belmont Avenue and 2414 West Fletcher in Chicago, Illinois, presents a unique investment opportunity. Zoned M1-2, this high-exposure site boasts a prime location at a lighted three-way intersection of Belmont, Western, and Clybourn Avenues, experiencing over 55,000 vehicles daily. Its proximity to I-90 (217,300 vehicles per day) ensures easy access throughout the Chicagoland area. The property benefits from its location near the North Branch of the Chicago River, offering recreational amenities like the Riverview Hiking Area and WMS Boathouse. A short 20-minute drive to "The Loop" and its extensive office space via I-90 adds to its strategic value. The site is situated near Lane Tech and DePaul College Prep, serving over 5,000 students, and is surrounded by a wealth of amenities including Costco, Target, Jewel-Osco, Mariano's, Walgreens, and the Midtown Athletic Club. This affluent area, encompassing Roscoe Village, Logan Square, Avondale, and Bricktown/Lincoln Park, boasts an average household income exceeding $194,385 within a one-mile radius. The asking price is $6,250,000, translating to $129 per square foot. The APN numbers are 13-25-203-043, 13-25-203-017, 13-25-203-039, 13-25-203-038, 13-25-203-015, 13-25-203-014, 13-25-203-045, 13-25-203-011, and 13-25-203010. This property offers significant potential for a variety of commercial developments.

Highlights

  • High-traffic location at Belmont & Western Aves (55,000+ vehicles daily), 5 minutes from I-90 (217,300 vehicles daily).
  • High visibility at a lighted three-way intersection (Belmont, Western, Clybourn Aves), offering excellent Chicagoland access.
  • Riverfront location near the Chicago Riverwalk, with access to hiking trails and recreational activities.
  • 20-minute drive to The Loop and over 64 million square feet of office space via I-90.
  • Proximity to Lane Tech & DePaul College Prep (5,000+ students).
  • Abundant amenities nearby, including Costco, Target, Jewel-Osco, Mariano's, Walgreens, and Midtown Athletic Club.

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.939163
Longitude
-87.688288
2401 Belmont & 2414, Chicago, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2401 Belmont & 2414
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message