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Retail Space with Indoor-Outdoor Areas
For Lease
$28 SF/Yr

2227 W Belmont Avenue, Chicago, IL 60618

Retail space offers indoor and outdoor space with a large basement for storage.

Space SizeContact for details
Days on Market34

Property Features for 2227 W Belmont Avenue

General Information

Standard status Active
Property subtype COMMERCIAL

Additional Details

Space Use Restaurant

Taxes and HOA fees

Annual Taxes $21,957

Amenities

outdoor space
basement storage

Building Details

Year Built 1979
Listing Agency: Coordinate Properties LLC
Listed By: Amanda Stamelos · License #471019385
Source: Dawnmckennagroup
Added: Jul 10 Changed: Aug 12 Last Checked: Aug 11 at 1:05PM

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 Coordinate Properties LLC

Investment Insights

Based on property information with market context.

This retail space is set up for a tenant looking for both indoor and outdoor customer access, along with substantial interior storage. The property includes indoor space plus an outdoor component, and features a massive basement for storing inventory.

The space is presented as a fit for complimentary animal businesses, such as a groomer or a food store/restaurant concept, with high foot traffic already in the area.

Year built is 1979.

Key Highlights

  • Indoor space plus outdoor space for customer access
  • Massive basement provides storage for inventory
  • Suitable for complimentary animal businesses like a groomer

Property Analytics

Current Use

Catch My Dog Animal Training Renegade Dog Services ... Animal Training

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Butcher Bed & Breakfast Nursing Home Electrical Service

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,301
Businesses Nearby
167k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 62% Dining 32% Shops & Services 6%
Mariano's Groceries
56,899 visits/mo 0.3 miles
Jewel-Osco Groceries
46,171 visits/mo 0.4 miles
Golden Nugget Pancake House Dining
19,594 visits/mo 0.5 miles
Chipotle Mexican Grill Dining
14,587 visits/mo 0.3 miles
Petco Shops & Services
8,690 visits/mo 0.3 miles

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.68 /SF/Yr
Avg Asking Price
$8–$80 /SF/Yr
Price Range
8,912 SF
Avg Space Size

This space is priced 9% above the average of $25.68 /SF/Yr.

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space offers indoor and outdoor space with a large basement for storage.
Where is this retail space located?
The property is located at 2227 W Belmont Avenue Chicago, IL.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Indoor space plus outdoor space for customer access; Massive basement provides storage for inventory; Suitable for complimentary animal businesses like a groomer
More about this property
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