4400 W Belmont

Chicago, IL 60641

Large commercial site C1-3 Zoning (documentation of upzone available upon request). Nearly 14,000 square feet in booming Kelvin Park/Belmont Gardens/Avondale Area ready for highest and best use from new development (MASSIVE FAR of 3), to an armchair investment, to an owner occupant who can run their business and offset their debt service with rental income. Tons of AAA Commercial tenants slightly to the east and west on Pulaski and Cicero intersections respectively, which include but are not limited Major banks, global restaurant chains, stores, pharmacies, and much more. Owner has phase two environmental available upon request New construction single family homes and new developments are all around with 2 bed rentals capturing as high as $2400. Zoning recently changed from B2-3 to C!-3 and offers massive FAR of 3 107.6-125 lot. Phase 2 environmental complete. Restaurant license, highly valuable tavern license, cafe license, and Public Place of Amusement (PPA) all grandfathered in Two Story brick structure with storefront once occupied by each of the aforementioned businesses. 2nd Floor 3 bed apartment is rented for $1400 on MTM. Business is one story stucco structure and neighborhood entertainment staple Astoria club, which has been operating only on weekends for 60 years by the owner of the real estate, who4 is flexible on moving his business pending closing terms. Owner once had plans for 20 condos + 4 store fronts (renderings available upon request) 30th Ward- Alderman Ariel E. Reboyas