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Corner Retail Strip Center
For Sale
$825,000

5700 Belmont Avenue, Chicago, IL 60634

Eight-unit strip center with parking for nine vehicles at a shared corner location.

Property Size11,068 SF
Lot Size0.33 Acres
Price / SF$74.54
Days on Market269

Property Features for 5700 Belmont Avenue

General Information

Standard status Active
Size 11,068 SF
Total Parking Spaces 9
Lot size 0.33 Acres
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $43,567

Amenities

Central Air
3

Building Details

Year Built 1952
Tenancy Multi
Listing Agency: Strauss Realty Ltd
Listed By: Moshe Weinberger · License #475183341
Source: Xome
Added: Nov 23, 2025 Changed: Aug 12 Last Checked: Aug 19 at 5:55AM

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

Investment Insights

Based on property information with market context.

This eight-unit retail strip center is offered for sale with on-site parking for nine vehicles. The property consists of an approximately 11,068 SF building on a 14,506 SF lot and is currently operating with long-term tenants in place plus some vacancy.

The center is positioned at a corner location with shared visibility alongside Planet Fitness and Dollar General. It is one block west of Central and down the street from Tony's Fresh Market.

The layout supports multiple tenants within a single retail building, with parking available for customer use.

Key Highlights

  • 8‑unit strip center with approx. 11,068 SF building on a 14,506 SF lot
  • Corner location on Belmont & Major, shared corner with Planet Fitness and Dollar General
  • Parking for 9 vehicles

Property Analytics

Current Use

Lillian Enoch, Realty ... Real Estate Agency Wilber Hernandez, Realty ... Real Estate Agency Nina Cuevas, Realty ... Real Estate Agency Laura Ruiz, Realty ... Real Estate Agency Aimee Lonski, The Luxe ... Real Estate Agency

Suggested Use

Top Pick Law Firm Skin Care Clinic Garden Center Nursing Home Veterinary Clinic Tech Support Center

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,911
Businesses Nearby
83k
Monthly Visits Nearby

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 0.2 miles
Dollar General Shops & Services
7,408 visits/mo 0.0 miles
Citibank Shops & Services
6,736 visits/mo 0.5 miles
U.S. Bank Shops & Services
4,086 visits/mo 0.2 miles

Demographics for 60634, IL

75,694
Population
29,344
Households
2.6
Avg Household Size
41
Median Age
27%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
10,661
Density / Sq Mi
$84,997
Median Household Income
$46,694
Median Earnings
$1,271
Median Rent
$333,900
Median Home Value

Market

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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Frequently Asked Questions

What type of property is this?
Strip mall - Eight-unit strip center with parking for nine vehicles at a shared corner location.
Where is this strip mall located?
The property is located at 5700 Belmont Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 8‑unit strip center with approx. 11,068 SF building on a 14,506 SF lot; Corner location on Belmont & Major, shared corner with Planet Fitness and Dollar General; Parking for 9 vehicles
More about this property
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