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Retail Space with Surface Parking
For Lease
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5850 West Belmont Avenue, Chicago, IL 60634

Retail building in dense market with rare surface parking.

Space Size13,500 SF
Days on Market147

Property Features for 5850 West Belmont Avenue

General Information

Standard status Active
Size 13,500 SF
Property subtype Retail

Spaces For Lease

at 5850 West Belmont Avenue Contact us

13,500 SF Divisible

Size
13,500 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Brendan Reedy
Source: Midamericagrp
Added: Apr 1 Changed: Aug 8 Last Checked: Aug 8 at 6:54AM

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 Mid-America Real Estate Group | Chicago

Investment Insights

Based on property information with market context.

This is an existing retail building located in an extraordinarily dense market. A notable feature of the property is its rare surface parking.

Key Highlights

  • Rare surface parking
  • Existing building
  • Extraordinarily dense market

Property Analytics

Current Use

U.S. Bank Branch Bank U.S. Bank ATM Atm

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

1,843
Businesses Nearby
80k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 54% Shops & Services 32% Dining 8% Electronics 7%
Tony's Fresh Market Groceries
43,070 visits/mo 0.2 miles
Dollar Tree Shops & Services
10,358 visits/mo 0.3 miles
Dollar General Shops & Services
7,408 visits/mo 0.2 miles
Dunkin' Donuts Dining
6,115 visits/mo 0.4 miles
U.S. Bank Shops & Services
4,086 visits/mo 0.0 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

Lease Benchmarks for Chicago, IL

$25.66 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,377 SF
Avg Space Size

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 building in dense market with rare surface parking.
Where is this retail space located?
The property is located at 5850 West Belmont Avenue Chicago, IL.
What are key features of this property?
This property features: Rare surface parking; Existing building; Extraordinarily dense market
More about this property
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