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    953 W Belmont Ave Chicago, IL 60657

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    For Lease
    Contact for pricing

    2,393 SF retail space near Belmont CTA station.

    Property size:
    2,393 SF
    Lot size:
    0.17 Acres

    Property Features for 953 W Belmont Ave

    General Information

    Size
    2,393 SF
    Lot size
    0.17 Acres

    Source: Canvas Real Estate Agent Anthony Campagni

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

    Overview

    Belmont Station Retail Opportunity

    This 2,393 square-foot retail space presents an opportunity near the Belmont CTA station entrance, which saw 4 million riders from this entrance in 2023. The space includes existing restaurant infrastructure with black iron ventilation. The property benefits from 52 feet of wraparound frontage and sees approximately 30,400 vehicles passing the site daily. Operable windows are a feature along Belmont.
    Insight Report Location Intelligence

    Current Use by Public Records

    Blaze Pizza Pizza Restaurant

    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.

    Similar Places Nearby

    Raj Darbar, Hinton Cannery, Inc., D'Masti Events & Catering, Le Personal Chef, Thai Classic Restaurant

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6537536
    Latitude
    41.9397513

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    FAQs

    What type of property is this?
    Restaurant - 2,393 SF retail space near Belmont CTA station.
    Where is this restaurant located?
    The property is located at 953 W Belmont Ave Chicago, IL.
    What are key features of this property?
    This property features: - High foot traffic location: Belmont CTA station entrance (4M riders in 2023); - Existing restaurant infrastructure with black iron ventilation; - Wraparound frontage: **52 feet**
    (773) 887-8212
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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
    953 W Belmont Ave Chicago, IL 60657
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