1443 W Belmont Ave, Chicago, IL
1,200 Sq Ft commercial condo in Chicago's Lakeview neighborhood.
- 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
at 1443 W Belmont Ave Contact usListing agent Andrea Miller License #471016960
Listing office Miller Chicago (312) 988-0669
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6655
- Latitude
- 41.9395