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Turnkey Retail/Office Space Available
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2040 W Belmont Ave, Chicago, IL

1,290 SF retail/office space in a high-visibility location.

Space Size1,290 SF
Lot Size0.21 Acres
Days on Market338

Property Features for 2040 W Belmont Ave

General Information

Standard status Active
Size 1,290 SF
Lot size 0.21 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 2040 W Belmont Ave
2040 W Belmont Ave $27/SF/Yr
Floor 1
Size 1,290 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
– 1,290 Sq Ft turnkey retail / office space on ground floor of 4-story residential condo building near the corner of North & Paulina – High-visibility location with average traffic of over 23,900 vehicles per day and a Walk Score of 96 – Currently Insight Health & Aesthetics Med Spa
Contact us
Listing Agency: Miller Chicago
Listed By: Andrea Miller · License #471016960
Source: Moodyscre
Added: Nov 14, 2025 Changed: Oct 2 Last Checked: Oct 16 at 11:46AM

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

Rey
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Investment Insights

Based on property information with market context.

This 1,290 square foot turnkey retail or office space is located on the ground floor of a 4-story residential condominium building. The property is situated near the corner of North Avenue and Paulina Street in a high-visibility location. The location benefits from average daily traffic of over 23,900 vehicles and a Walk Score of 96. Currently, the space is occupied by Insight Health & Aesthetics Med Spa.

Key Highlights

  • High‑visibility location with average traffic of over 23,900 vehicles per day
  • Turnkey retail / office space
  • Walk Score of 96**

Property Analytics

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Open Analytics

Current Use

Ecosystem Capital, LLC Environmental Consultant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Butcher Tanning Salon Restaurant Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,253
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$25.24 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,899 SF
Avg Space Size

This space is priced 7% above the average of $25.24 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - 1,290 SF retail/office space in a high-visibility location.
Where is this retail space located?
The property is located at 2040 W Belmont Ave Chicago, IL.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: High‑visibility location with average traffic of over 23,900 vehicles per day; Turnkey retail / office space; Walk Score of 96**
(312) 513-8333 Call to check price and availability
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