Chicago, IL 60657 1342 W Belmont Avenue # 1

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Presented By: Fulton Grace Realty
  • MLS# 12395833
  • 06/17/2025
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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 paying $6,000/ month rent, offering both immediate rental income and long-term stability.
Presented By: Fulton Grace Realty

General for 1342 W Belmont Avenue # 1

Additional Parcels Y/NNo
Assoc Fee Paid PerNot Applicable
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
Net Operating Income
Number Of Units Total1
Operating Expense0
Property SubtypeNeighborhood Storefront
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories Count4
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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