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Prime Corner Retail Space Available
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1031 W Belmont Ave, Chicago, IL 60657

Corner retail space near Belmont station and Wrigley Field.

Space SizeContact for details
Property Size1,780 SF
Days on Market288

Property Features for 1031 W Belmont Ave

General Information

Standard status Active
Size 1,780 SF
Property subtype Retail

Building Details

Building Size 1,780 SF
Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace
Listed By: Elizabeth Jackoboice
Source: Midamericagrp
Added: Nov 24, 2025 Changed: Sep 7 Last Checked: Sep 8 at 6:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mid-America Real Estate Group | Oakbrook Terrace

Investment Insights

Based on property information with market context.

This retail space is located on a prime corner on Belmont Avenue, just west of Sheffield Avenue in the Lakeview neighborhood. It is situated steps from the Belmont 'L' stop, which sees 4 million annual riders. The property is down the street from the Vic Theater, which can accommodate up to 1,400 people. It is also in close proximity to Advocate Illinois Masonic, which has 408 beds and over 2,500 employees. The property is located half a mile from Wrigley Field. The property has a size of 1,780 square feet.

Key Highlights

  • Prime corner location on Belmont Ave in Lakeview.
  • Steps from the Belmont “L” stop with 4 million annual riders.
  • Close proximity to Advocate Illinois Masonic with 408 beds and over 2,500 employees.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Auto Parts Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,951
Businesses Nearby
227k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Shops & Services 39% Groceries 12% Home Improvements & Furnishings 4%
Binny's Beverage Depot Groceries
26,649 visits/mo 0.4 miles
Chick-fil-A Dining
19,353 visits/mo 0.5 miles
Fifth Third Bank & ATM Shops & Services
17,071 visits/mo 0.3 miles
Shell Shops & Services
14,072 visits/mo 0.4 miles
Chase Bank Shops & Services
10,982 visits/mo 0.4 miles

Demographics for 60657, IL

72,316
Population
42,246
Households
1.7
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
32,871
Density / Sq Mi
$109,025
Median Household Income
$77,731
Median Earnings
$1,839
Median Rent
$534,500
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$26.1 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
8,322 SF
Avg Space Size

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Corner retail space near Belmont station and Wrigley Field.
Where is this retail space located?
The property is located at 1031 W Belmont Ave Chicago, IL.
What are key features of this property?
This property features: Prime corner location on Belmont Ave in Lakeview.; Steps from the Belmont “L” stop with 4 million annual riders.; Close proximity to Advocate Illinois Masonic with 408 beds and over 2,500 employees.
More about this property
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