Chicago, IL 60657 1342 W Belmont Avenue # 1

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Presented By: Fulton Grace Realty
  • MLS# 12395833
  • 06/17/2025
  • Request Tour
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  • SQFT • 25,000

Home Details

Located in the heart of affluent Lakeview, this 2,400 SF newer-construction retail space presents a rare, turnkey investment opportunity with a stable, long-term tenant operating a thriving luxury nail salon. Ideally situated at the high-traffic intersection of W Belmont Ave and N Southport Ave-just steps from the lively Southport Corridor and within walking distance of the Red, Purple, and Brown Lines-this premium ground-floor commercial condo sits beneath six upscale residential units. The space features nine expansive floor-to-ceiling storefront windows (over 30 feet of sidewalk storefront) , elegant white tile flooring, high-end modern finishes, newer mechanical systems, and a heated sidewalk. The layout includes two half bathrooms and three built-out office rooms including onsite washer and dryer. Surrounded by dense residential developments, acclaimed restaurants, and top-tier retailers, the property benefits from consistent foot traffic and high visibility. One outdoor parking space is included. The existing business plans to remain and is open to signing a negotiable 5+5 year lease, offering both immediate rental income and long-term stability. There is also an option to purchase real estate and have the current tenant vacate the premises for an additional $160,000.
Presented By: Fulton Grace Realty

General for 1342 W Belmont Avenue # 1

Additional Parcels Y/NNo
CityChicago
CoolingCentral Air
CountyCook
DirectionsE. or W. on Belmont to 1342. Located on north side of Belmont between Southport and Racine.
ElectricCircuit Breakers
Gross Income
Leasable Area2400
Lease TypeN/A
Lot Size Square Feet5856
MLS AreaCHI - Lake View
ModificationTimestamp2025-06-23T05:07:27.064Z
Net Operating Income
Number Of Units Total1
Operating Expense0
Property SubtypeNeighborhood Storefront
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories4
Tax Annual Amount23161.14
Tax Year2023
TownshipLake View
Unit Number1
Year Built2017
ZoningCOMMR

Exterior for 1342 W Belmont Avenue # 1

Building Area Total25000
Lot Dimensions48X122

Additional Details

Price History

Client Care

Price $810,000
MLS#12395833
List Date 06/17/2025
Property Type Commercial
Phone 847.485.2500
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