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Lakeview Retail Space For Lease
For Lease
$35 SF/Yr

1142 W Belmont Avenue, Chicago, IL 60657

Retail space in mixed-use building, Lakeview neighborhood. Leasing now.

Space SizeContact for details
Days on Market253

Property Features for 1142 W Belmont Avenue

General Information

Standard status Active
Property subtype Commercial

Amenities

Central air
Central Air Cooling

Building Details

Year Built 2024
Listing Agency: MILLER CHICAGO LLC
Listed By: ANDREA MILLER · License #471016960
Source: Corcoran
Added: Dec 3, 2025 Changed: Aug 12 Last Checked: Aug 12 at 6:52AM

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 MILLER CHICAGO LLC

Investment Insights

Based on property information with market context.

Approximately 1,083 square feet of retail space is available for lease in a new five-story mixed-use building located in the Lakeview neighborhood, at the corner of West Belmont and North Clifton. The building includes 33 residential units and approximately 3,100 square feet dedicated to commercial purposes. Two or more spaces can be combined to create a larger space. The location offers high visibility, with traffic counts of 17,700 vehicles per day. Lakeview features theaters, restaurants, and various retail businesses, including Bittersweet Pastry, Dark Matter Coffee, Jin Asian Cafe, Ukai Sushi, Giordano's, and 7-Eleven. Cultural and entertainment venues such as Vic Theater, Stage 773, and Chicago Theater Works are also nearby. Transportation options include convenient access to public transit, with the CTA #77 Belmont Avenue bus route 0.1 miles away, the #22 Clark Street bus routes 0.3 miles away, and the Blue, Brown, and Purple rail lines 0.2 miles away. The projected availability date is December 1, 2024, and leasing is underway.

Key Highlights

  • High‑visibility location in Lakeview with 17,700 vehicles per day.
  • Located in a new mixed‑use building (built in 2024) with 33 residential units.
  • Approximately 1,083 Sq Ft retail space available.

Property Analytics

Current Use

Retail space

Suggested Use

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

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
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,985
Businesses Nearby
234k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 31% Groceries 27% Shops & Services 25% Beauty & Spa 8%
Whole Foods Market Groceries
64,387 visits/mo 0.5 miles
Fifth Third Bank & ATM Shops & Services
17,071 visits/mo 0.5 miles
Shell Shops & Services
14,072 visits/mo 0.4 miles
Starbucks Dining
12,251 visits/mo 0.4 miles
Sephora Beauty & Spa
12,125 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

$25.68 /SF/Yr
Avg Asking Price
$8–$80 /SF/Yr
Price Range
8,912 SF
Avg Space Size

This space is priced 36% above the average of $25.68 /SF/Yr.

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 - Retail space in mixed-use building, Lakeview neighborhood. Leasing now.
Where is this retail space located?
The property is located at 1142 W Belmont Avenue Chicago, IL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: High‑visibility location in Lakeview with 17,700 vehicles per day.; Located in a new mixed‑use building (built in 2024) with 33 residential units.; Approximately 1,083 Sq Ft retail space available.
More about this property
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