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    Lakeview Commercial Condo For Lease Title is generated by Realmo AI

    1443 W Belmont Ave, Chicago, IL

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    1,200 Sq Ft commercial condo in Chicago's Lakeview neighborhood.

    Type:RETAIL
    Property size:
    1,200 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $195/SF
    Added:
    Nov 25, 2025
    Days on Market:
    197
    Last Refresh:
    May 20 at 9:23 pm

    Property Features for 1443 W Belmont Ave

    General Information

    Standard status
    Active
    Size
    1,200 SF
    Lot size
    0.07 Acres
    Property subtype
    RETAIL

    Properties For Sale

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    Listing Contact
    Andrea Miller
    Andrea Miller

    Listing agent Andrea Miller License #471016960

    Listing office Miller Chicago

    Listing date Nov 25, 2025

    Source Moodyscre

    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 Miller Chicago

    HighLights

    • High‑visibility location on Belmont Avenue in Lakeview, near Southport Corridor and Lincoln/Belmont/Ashland intersection.
    • Fully built‑out 1,200 Sq Ft commercial condo with two offices, kitchenette, ADA bathroom, and open area.
    • Recent modern interior renovation, new roof and trusses, and newer HVAC system.
    • Ground floor accessibility.
    • One block from Whole Foods and two blocks from Southport Corridor.
    • Suitable for immediate occupancy.

    Overview

    This 1,200 sq ft ground floor commercial condo is available for lease in Chicago's Lakeview neighborhood. The fully built-out space features two large offices, a kitchenette, one ADA-compliant bathroom, and a large open area. Recent modern interior renovations have been completed, and the building has a new roof and trusses, along with a newer HVAC system. The property is situated on high-visibility Belmont Avenue, between the Southport Corridor and the six-way intersection of Lincoln/Belmont/Ashland. It is located one block from Whole Foods and two blocks from the Southport Corridor.

    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 $25.9k $21.60
    − Vacancy −$2.2k −$1.84
    EGI $23.7k $19.76
    − OpEx −$7.1k −$5.93
    NOI $16.6k $13.83
    1,200 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $237.2K
    $207.5K – $276.7K (±1% cap)
    NOI $16,602 @ 7.0% cap · market cap 7.06%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $565.8K
    $495.1K – $660.1K (±1% cap)
    NOI $39,606 @ 7.0% cap · market cap 16.85%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    AugustaSignature - Bridal Shop, ... Clothing & Fashion Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6655
    Latitude
    41.9395

    FAQs

    What type of property is this?
    Retail space - 1,200 Sq Ft commercial condo in Chicago's Lakeview neighborhood.
    Where is this retail space located?
    The property is located at 1443 W Belmont Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: High‑visibility location on Belmont Avenue in Lakeview, near Southport Corridor and Lincoln/Belmont/Ashland intersection.; **Fully built‑out 1,200 Sq Ft commercial condo** with two offices, kitchenette, ADA bathroom, and open area.; Recent modern interior renovation, new roof and trusses, and newer HVAC system.
    (312) 988-0669 Call to check price and availability
    More about this property
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