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Lakeview Mixed-Use Retail Space
For Lease
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1138 W Belmont Avenue, Chicago, IL 60657

New retail spaces in Lakeview, available Winter 2024/2025.

Space Size1,083 SF
Days on Market670

Property Features for 1138 W Belmont Avenue

General Information

Standard status Active
Size 1,083 SF
Total Parking Spaces 16
Property subtype Retail, Office, Restaurant
Lease Type NNN

Building Details

Year Built 2024
Tenancy Multiple

Spaces For Lease

at 1138 W Belmont Avenue Contact us

1142

Size
1,083 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Miller Chicago
Listed By: Andrea Miller · License #IL 471016960
Source: Crexi
Added: Oct 24, 2024 Changed: Aug 9 Last Checked: Aug 23 at 10:58AM

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 Miller Chicago

Investment Insights

Based on property information with market context.

Retail spaces are available for lease in a new mixed-use building located in the Lakeview neighborhood, at the corner of West Belmont and North Clifton. Multiple spaces can be combined to create a larger area. Each space is equipped with 200 AMP electrical service. Buildout includes a finished bathroom with a toilet and sink, as well as HVAC with spiral ductwork. The Lakeview neighborhood features a variety of establishments, including theaters, restaurants, and retail businesses such as Bittersweet Pastry, Dark Matter Coffee, Jin Asian Cafe, Ukai Sushi, Giordano's, 7-Eleven, and The Vic Theatre. The spaces are projected to be available in Winter 2024/2025 and are currently available for leasing.

Key Highlights

  • Prime Lakeview location at the corner of West Belmont and North Clifton, surrounded by established businesses, restaurants, and entertainment venues.
  • New construction (2024) mixed‑use building offering modern retail spaces.
  • Flexible space options: ability to combine two or more spaces into a larger unit.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Food Market Auto Parts Store (Bike/Boat/Book/etc) Store Law Firm Grocery & Convenience Store Electrical Service

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
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,001
Businesses Nearby
254k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Groceries 25% Shops & Services 17% Apparel 12%
Whole Foods Market Groceries
64,387 visits/mo 0.5 miles
Chick-fil-A Dining
19,353 visits/mo 0.4 miles
Fifth Third Bank & ATM Shops & Services
17,071 visits/mo 0.5 miles
Anthropologie Apparel
14,685 visits/mo 0.5 miles
Starbucks Dining
12,251 visits/mo 0.3 miles

Demographics for 60657, IL

72,316
Population
42,246
Households
1.7
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
32,871
Density / Sq Mi
$109,025
Median Household Income
$77,731
Median Earnings
$1,839
Median Rent
$534,500
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$22.5 /SF/Yr
Avg Asking Price
$10–$35 /SF/Yr
Price Range
63,460 SF
Avg Space Size

This space is priced 56% above the average of $22.5 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - New retail spaces in Lakeview, available Winter 2024/2025.
Where is this mixed-use property located?
The property is located at 1138 W Belmont Avenue Chicago, IL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Prime Lakeview location at the corner of West Belmont and North Clifton, surrounded by established businesses, restaurants, and entertainment venues.; New construction (2024) mixed‑use building offering modern retail spaces.; Flexible space options: ability to combine two or more spaces into a larger unit.
(312) 513-8333 Call to check price and availability
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