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    1031 W Belmont Ave Chicago, IL 60657

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    For Lease
    Contact for pricing

    Corner retail space near Belmont station and Wrigley Field.

    Property size:
    1,780 SF
    Lot size:
    0.13 Acres

    Property Features for 1031 W Belmont Ave

    General Information

    Size
    1,780 SF
    Lot size
    0.13 Acres

    Source: Mid-America Real Estate Group Agent Elizabeth Jackoboice

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Corner Retail Space Available

    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.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.656113
    Latitude
    41.939633

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    FAQs

    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.
    (630) 954-7300
    Request Owner's contact information
    1031 W Belmont Ave Chicago, IL 60657
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    Chicago, IL 60657
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1031 W Belmont Ave Chicago, IL 60657
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