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    851 W Belmont Ave Chicago, IL 60657

    For Lease
    Contact for pricing

    Prime location near public transit and Wrigley Field.

    Property size:
    2,575 SF
    Lot size:
    0.18 Acres

    Property Features for 851 W Belmont Ave

    General Information

    Size
    2,575 SF
    Lot size
    0.18 Acres

    Source: JLL - Corporate Agent Steve Schwartz

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

    Overview

    Lakeview Retail/Medical Space Available

    Located in the heart of Lakeview, this 2,575-square-foot property benefits from its location within one of Chicago’s most bustling neighborhoods. The site offers seamless transportation and access from the Belmont 'El' stop, which services Red, Brown, and Purple lines, as well as proximity to multiple bus stops. It is a short walk to Wrigley Field, which attracts over 2.5 million visitors per year. The property benefits from strong co-tenancy at the immediate intersection, including Target and Lakeview Connection, a 60,000-square-foot grocery-anchored development. The space is a fully built-out dental office with exam rooms, plumbing, and upgraded finishes, making it suitable for retail or medical use.
    Insight Report Location Intelligence

    Current Use by Public Records

    lee h grace ... Dental Implants Periodontist Smile Obsession Lakeview Dentist SALT burgers + fries Restaurant Drip - Dessert Lounge Dessert Shop Beard Papa's Dessert Shop

    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
    -87.6513112
    Latitude
    41.9396647

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    FAQs

    What type of property is this?
    Retail space - Prime location near public transit and Wrigley Field.
    Where is this retail space located?
    The property is located at 851 W Belmont Ave Chicago, IL.
    What are key features of this property?
    This property features: - Fully built-out dental office with exam rooms, plumbing, and upgraded finishes.; - Located in the heart of Lakeview, a bustling Chicago neighborhood.; - Strong co-tenancy with Target and a 60,000 sq ft grocery-anchored development.
    (312) 782-5800
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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
    851 W Belmont Ave Chicago, IL 60657
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