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Lakeview Mixed-Use Building For Sale
For Sale
$975,000

1150 W Belmont Avenue, Chicago, IL 60657

Mixed-use building with storefronts and apartments in central Lakeview.

Days on Market416

Property Features for 1150 W Belmont Avenue

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $19,230

Building Details

Year Built 1915
Listing Agency: URBANITAS INC.
Listed By: LEOPOLDO SAUCEDO
Source: Corcoran
Added: Jun 12, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:08AM

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 URBANITAS INC.

Investment Insights

Based on property information with market context.

This mixed-use building is situated in the center of Lakeview. The building features two separate storefronts on the main level, with two apartment units located on the second and third floors. Both apartment units share the same layout, consisting of a kitchen, formal dining room, living room, two bedrooms, and a full bath. An unfinished basement offers potential for customization. The property also includes a large backyard suitable for outdoor recreation. Its location provides convenient access to shopping and mass transit.

Key Highlights

  • Mix‑use building featuring two storefronts and two apartments.
  • Conveniently located in the center of Lakeview.
  • Two apartment units with identical layouts: kitchen, formal dining room, living room, 2 bedrooms, and a full bath.

Property Analytics

Current Use

Uplift Strength and Wellness Gym & Fitness Center

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.

Location Intelligence

Trade Area within ½ mile

6,985
Businesses Nearby

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

Properties on Market for Mixed-use properties in Chicago

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with storefronts and apartments in central Lakeview.
Where is this mixed-use property located?
The property is located at 1150 W Belmont Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Mix‑use building featuring two storefronts and two apartments.; Conveniently located in the center of Lakeview.; Two apartment units with identical layouts: kitchen, formal dining room, living room, 2 bedrooms, and a full bath.
More about this property
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