1415-1425 W Belmont Ave, Chicago, IL
900 SF retail space in Chicago's Lakeview neighborhood.
- Added:
- Nov 24, 2025
- Days on Market:
- 202
- Last Refresh:
- May 20 at 8:00 pm
Property Features for 1415-1425 W Belmont Ave
General Information
- Standard status
- Active
- Size
- 900 SF
- Lot size
- 0.36 Acres
- Property subtype
- RETAIL
Properties For Sale
at 1415-1425 W Belmont Ave Contact usListing agent Andrea Miller License #471016960
Listing office Miller Chicago (312) 988-0669
Listing date Nov 24, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Miller Chicago
HighLights
- High‑visibility location on Belmont Avenue with a Walk Score of 97 and heavy traffic.
- Fully built‑out 900 SF commercial condominium with high‑end finishes.
- Includes a dedicated garage parking spot.
- Functional layout featuring a glass conference room, large office, open work area, kitchenette, ADA bathroom, and storage.
- Prime location between the Southport Corridor and the Lincoln/Belmont/Ashland intersection in Lakeview.
- Conveniently located near Whole Foods and numerous restaurants.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.4k | $21.60 |
| − Vacancy | −$1.7k | −$1.84 |
| EGI | $17.8k | $19.76 |
| − OpEx | −$5.3k | −$5.93 |
| NOI | $12.5k | $13.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6645
- Latitude
- 41.9395