Open-Layout
For Lease
$1,795/Mo
5221 W BELMONT Avenue, Chicago, IL 60641
The interior offers flexibility for tenant customization across a range of business concepts.
Space Size2,500 SF
Days on Market10
Property Features for 5221 W BELMONT Avenue
General Information
Standard status
Active
Size
2,500 SF
Net Rentable
2,500 SF
Property subtype
COMMERCIAL
Space & Availability
Available Space
2,500 SF
Contiguous Space
2,500 SF
Lease Terms
Lease Rate
$1,795 /USD/MO
Monthly Rent
$1,795
Rent per SF/Year
$8.62
Taxes and HOA fees
Annual Taxes
$8,098
Building Details
Year Built
1954
Listing Agency:
Keller Williams ONEChicago
Listed By:
Andres Olaez · License #475180182
(312) 626-4693
Source:
Cnetproperties
Added: Oct 5
Changed: Oct 13
Last Checked: Oct 13 at 2:15AM
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 Keller Williams ONEChicago
Investment Insights
Based on property information with market context.
This storefront provides approximately 2,500 sq. ft. of commercial space with an open interior that can be customized by a tenant. The building dates to 1954.
Positioned along Belmont Avenue, the property has street visibility and customer access from the avenue.
Positioned along Belmont Avenue, the property has street visibility and customer access from the avenue.
Key Highlights
- Approximately 2,500 sq. ft. of commercial space
- Open interior layout suitable for tenant customization
- Street visibility along Belmont Avenue
Property Analytics
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Current Use
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
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$25.64 /SF/Yr
Avg Asking Price
$10–$114 /SF/Yr
Price Range
3,931 SF
Avg Space Size
This space is priced 66% below the average of $25.64 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
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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 - The interior offers flexibility for tenant customization across a range of business concepts.
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 sq. ft. of commercial space; Open interior layout suitable for tenant customization; Street visibility along Belmont Avenue
