Renovated Storefront
For Sale
Contact for pricing
1336 W Belmont Avenue #1, Chicago, IL 60657
A private office, kitchenette, and central heating and air conditioning are included.
Property Size800 SF
Price / SF$0.03
Days on Market25
Property Features for 1336 W Belmont Avenue #1
General Information
Standard status
Active
Size
800 SF
Property subtype
Neighborhood Storefront
Site & Location
Neighborhood
Lakeview
Amenities
kitchenette
granite restroom
exposed brickwork
crown molding
hardwood floors
central heat and A/C
Building Details
Year Built
1920
Listing Agency:
Compass
(312) 733-7201
Listed By:
Kevin McIntyre
(773) 859-1100
Source:
Helenoliveri
Added: Oct 8
Changed: Oct 31
Last Checked: Oct 31 at 2:23PM
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 Compass
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Investment Insights
Based on property information with market context.
This 800-square-foot storefront combines retail or office space with a private office and kitchenette. Interior details include exposed brick, crown molding, hardwood flooring, and a restroom with granite finishes. Central heat and air conditioning serve the space, which was built in 1920 and has been renovated.
Belmont and Southport El stops are nearby, and the property is near the Southport corridor. A separate 900-square-foot heated and air-conditioned garage with a high service door is also available to rent for parking, storage, or workshop use.
Belmont and Southport El stops are nearby, and the property is near the Southport corridor. A separate 900-square-foot heated and air-conditioned garage with a high service door is also available to rent for parking, storage, or workshop use.
Key Highlights
- 800 square feet of renovated retail or office space
- Private office and kitchenette
- Hardwood floors, exposed brickwork, and crown molding
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,068
Suggested Prices Based on Cap Rates
Cap Rate 5%
$221,360
$221.4K
Cap Rate 7%
$158,114
$158.1K
Cap Rate 9%
$122,978
$123.0K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$17.3K $21.60/SF
− Vacancy
−$1.5K −$1.84/SF
EGI
$15.8K $19.76/SF
− OpEx
−$4.7K −$5.93/SF
NOI
$11.1K $13.83/SF
Area
Chicago, IL
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$221,360
Cap Rate 7%
$158,114
Cap Rate 9%
$122,978
Alternative Uses
Best Use
Retail
$158.1K
$138.4K – $184.5K
NOI $11,068 @ 7.0% cap · market cap 50,309.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$377.2K
$330.1K – $440.1K
NOI $26,404 @ 7.0% cap · market cap 120,018.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,867
Businesses Nearby
318k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 30%
Dining 27%
Shops & Services 15%
Superstores 10%
Whole Foods Market
Groceries
64,387 visits/mo
0.3 miles
Target
Superstores
32,877 visits/mo
0.4 miles
Jewel-Osco
Groceries
30,208 visits/mo
0.5 miles
Chick-fil-A
Dining
19,353 visits/mo
0.5 miles
Anthropologie
Apparel
14,685 visits/mo
0.4 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Chicago, IL
Similar Off Market Nearby
- Halsted Flowers, LLC — 2725 N Halsted St, Chicago, IL 60614
- Flower of the Dragon Productions — 2936 N Southport Ave, Chicago, IL 60657
- Angels Cheeks Chicago Flower Shop — 1831 W Belmont Ave suite 1B, Chicago, IL 60657
- Magic Flowers Chicago — 1627 W Belmont Ave, Chicago, IL 60657
- Les Fleurs du Mal — 915 W Belmont Ave, Chicago, IL 60657
Frequently Asked Questions
What type of property is this?
Storefront property - A private office, kitchenette, and central heating and air conditioning are included.
Where is this storefront property located?
The property is located at 1336 W Belmont Avenue #1 Chicago, IL.
What are key features of this property?
This property features: 800 square feet of renovated retail or office space; Private office and kitchenette; Hardwood floors, exposed brickwork, and crown molding
