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Storefront Retail Space
For Lease
$1,795/Mo

5221 W BELMONT Avenue, Chicago, IL 60641

Open commercial space offers a layout a tenant can adapt to its business requirements.

Space Size2,500 SF
Days on Market160

Property Features for 5221 W BELMONT Avenue

General Information

Standard status Active
Size 2,500 SF
Net Rentable 2,500 SF
Zoning COMMR

Space & Availability

Available Space 2,500 SF
Contiguous Space 2,500 SF
Space Use Retail

Lease Terms

Lease Rate $1,795 /USD/MO
Monthly Rent $1,795
Rent per SF/Year $8.62

Taxes and HOA fees

Annual Taxes $15,260

Building Details

Year Built 1954
Stories 2
Units 1
Listing Agency: 606 Realty LLC
Listed By: Karel Machala
Source: Cavanaghrealty
Added: May 4 Changed: Oct 10 Last Checked: Jul 21 at 2:29PM

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 606 Realty LLC

Investment Insights

Based on property information with market context.

This storefront contains approximately 2,500 square feet of commercial space with an open layout. The interior can be configured by a tenant to suit its business needs. The building was constructed in 1954.

The property is on W Belmont Avenue in Chicago, with street visibility and customer access described as convenient.

Key Highlights

  • Approximately 2,500 square feet of commercial space
  • Open interior layout that can be customized by a tenant
  • Located on W Belmont Avenue in Chicago

Property Analytics

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Open Analytics

Current Use

Goldmart Co Electronics & Wireless Store

Suggested Use

Top Pick Law Firm Skin Care Clinic Catering Service Hotel & Motel Garden Center (Bike/Boat/Book/etc) Store

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
$1.29 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,068
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
7,003 visits/mo 0.5 miles
EZPAWN Shops & Services
3,301 visits/mo 0.3 miles

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$25.87 /SF/Yr
Avg Asking Price
$11–$114 /SF/Yr
Price Range
3,905 SF
Avg Space Size

This space is priced 67% below the average of $25.87 /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
Rey
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Similar Off Market Nearby

  • Isabela's Flowers & Gift — 2657 N Laramie Ave, Chicago, IL 60639
  • Issalma — 5435 w diversey ave, chicago, il 60639
  • Mimi's Flowers & Gift Shop — chicago, il 60641
  • Krystyna's Flowers — 5534 W Belmont Ave, Chicago, IL 60641
  • Jadwiga florist — 5229 W Belmont Ave, Chicago, IL 60641

Frequently Asked Questions

What type of property is this?
Storefront property - Open commercial space offers a layout a tenant can adapt to its business requirements.
Where is this storefront property located?
The property is located at 5221 W BELMONT Avenue Chicago, IL.
What is the lease rate?
The lease rate is $1,795/Mo.
What are key features of this property?
This property features: Approximately 2,500 square feet of commercial space; Open interior layout that can be customized by a tenant; Located on W Belmont Avenue in Chicago
More about this property
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