1701 W Belmont Ave, Chicago, IL
Retail or office spaces with large windows at signalized intersection.
- Added:
- Nov 24, 2025
- Days on Market:
- 198
- Last Refresh:
- May 20 at 8:55 pm
Property Features for 1701 W Belmont Ave
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Lot size
- 0.14 Acres
- Property subtype
- RETAIL
Properties For Sale
at 1701 W Belmont Ave Contact us
Listing agent Hunter Cannon (773) 220-4821
Listing office Colliers | Chicago Downtown (773) 220-4821
Listing date Nov 24, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Chicago Downtown
HighLights
- High‑visibility location at a signalized intersection with substantial frontage (93' on Belmont, 33' on Paulina).
- Strong retail corridor, located near a highly visited Whole Foods.
- High median household income ($143,262 within a 1‑mile radius).
- Convenient transportation: 6‑minute walk to Brown Line L and 24‑hour Belmont bus.
- Suitable for retail or office use.
- Includes five private offices (1701 Belmont).
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 | $38.9k | $21.60 |
| − Vacancy | −$3.3k | −$1.84 |
| EGI | $35.6k | $19.76 |
| − OpEx | −$10.7k | −$5.93 |
| NOI | $24.9k | $13.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6713
- Latitude
- 41.9394
