Retail Space with
New
For Lease
$14 SF/Yr
5541 W Belmont Avenue, Chicago, IL 60641
The space can be offered vacant or configured with individual booths for a range of retail layouts.
Space Size4,375 SF
Days on Market4
Property Features for 5541 W Belmont Avenue
General Information
Standard status
Active
Size
4,375 SF
Net Rentable
4,375 SF
Property subtype
Commercial
Space & Availability
Available Space
4,375 SF
Contiguous Space
4,375 SF
Space Use
Retail
Site & Location
Neighborhood
Cragin
Frontage
30 ft
Amenities
high ceilings
air conditioning
full basement
free municipal parking garage
Central air
Central Individual Cooling
Building Details
Building Size
4,375 SF
Listing Agency:
STRAUSS REALTY LTD
(773) 736-3600
Listed By:
DEBORAH SMITH · License #IL 475175583
(773) 885-3254
Source:
Corcoran
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 at 3:38PM
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 STRAUSS REALTY LTD
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,375-square-foot retail property includes high ceilings, air conditioning and a full basement. The premises may be leased vacant or with individual booths in place, allowing the next occupant to choose between an open layout and the existing configuration.
The building has 30 feet of frontage on Belmont Avenue in Chicago. A municipal parking garage is one block away.
The building has 30 feet of frontage on Belmont Avenue in Chicago. A municipal parking garage is one block away.
Key Highlights
- 4,375‑square‑foot retail building
- 30 feet of frontage on Belmont Avenue
- Full basement, high ceilings and air conditioning
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,975
Businesses Nearby
83k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 52%
Shops & Services 38%
Electronics 7%
Dining 3%
Tony's Fresh Market
Groceries
43,070 visits/mo
0.1 miles
Dollar Tree
Shops & Services
10,358 visits/mo
0.0 miles
Dollar General
Shops & Services
7,408 visits/mo
0.1 miles
Citibank
Shops & Services
6,736 visits/mo
0.5 miles
U.S. Bank
Shops & Services
4,086 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
$25.14 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,623 SF
Avg Space Size
This space is priced 44% below the average of $25.14 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Retail space - The space can be offered vacant or configured with individual booths for a range of retail layouts.
Where is this retail space located?
The property is located at 5541 W Belmont Avenue Chicago, IL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 4,375‑square‑foot retail building; 30 feet of frontage on Belmont Avenue; Full basement, high ceilings and air conditioning
