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    5606-5616 W Belmont Ave Chicago, IL 60657

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    For Lease
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    Retail space available in high-traffic, grocery-anchored Chicago center.

    Property size:
    3,000 SF
    Lot size:
    0.31 Acres

    Property Features for 5606-5616 W Belmont Ave

    General Information

    Size
    3,000 SF
    Lot size
    0.31 Acres

    Source: Mid-America Real Estate Group | Chicago Agent Westin Kane

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

    Overview

    Retail Space in Grocery Anchored Center

    This retail space is located in a grocery-anchored strip center with high visibility and foot traffic. The property is situated along West Belmont and North Central Avenues. Customer parking is available in a 103-stall lot located behind the property. The ground floor space features 89 feet of frontage on West Belmont Avenue. The center is anchored by Tony’s Fresh Market. The combined traffic count is 36,000 vehicles per day. The property is suitable for retail, restaurant, medical office, or service-oriented businesses. The property size is 3,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.76716
    Latitude
    41.9388384

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    FAQs

    What type of property is this?
    Strip mall - Retail space available in high-traffic, grocery-anchored Chicago center.
    Where is this strip mall located?
    The property is located at 5606-5616 W Belmont Ave Chicago, IL.
    What are key features of this property?
    This property features: - High volume Tony’s Fresh Market anchored center; - Excellent visibility and foot traffic along W Belmont and N Central Avenues; - Customer parking available in the 103 stall lot located behind the property
    (630) 954-7327
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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
    5606-5616 W Belmont Ave Chicago, IL 60657
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