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907 Belmont Ave Chicago, IL 60657

OFF-MARKET Restaurants Google Maps
16,000 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional restaurant space, located at 907 W Belmont Ave in Chicago's vibrant Lakeview neighborhood, offers 2,800 square feet of prime commercial real estate. Situated on a bustling pedestrian thoroughfare, this property boasts a highly desirable location with excellent visibility and foot traffic. The building itself totals 16,000 square feet and is currently configured for multiple tenancies, presenting a unique opportunity for expansion or collaboration. The property includes one parking space, a valuable asset in this densely populated area. Annual property taxes are calculated at $8.16 per square foot. This location is ideal for a variety of restaurant concepts, capitalizing on the high density of residents and businesses in the immediate vicinity. The address is 907 West Belmont Avenue, Chicago, Illinois, 60657. The property's prime location within the Lakeview submarket of Chicago offers unparalleled access to a diverse and affluent customer base. This is a rare chance to secure a well-positioned restaurant space in one of Chicago's most sought-after neighborhoods. The property's size and location make it an attractive investment for both established and emerging restaurant operators. Don't miss this opportunity to establish your business in a thriving and dynamic area.

Property profile

Verified
Property type Restaurants
Total area 16,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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