1216 W Belmont Avenue Chicago, IL ^$ 475,000

1216 W Belmont Avenue

^$ 475,000

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New Construction

1216 W Belmont Avenue

Chicago, IL, 60657

^$ 475,000

Bedrooms-- Baths-- Sq 22,000

Monthly Estimate*

^$ 2,963

1216 W Belmont Avenue, Chicago, IL 60657 - Image 1

Commercial Property for sale in Chicago, IL

for $475,000. This 22,000 square foot building was built in 2025 on a lot size of 0.14348.

Brand new construction commercial condo. 1742 Vanilla box, with mechanical closet and 1/2 bath. 44 feet of frontage on Busy Belmont Ave. Not a part of the HOA, so minimal common fees. Option to purchase 1 garage parking space. Close to Wrigley, Southport Corridor, Red line and brown line stations!!

Commercial Active

Price

^$ 475,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.14348

Year Built

2025

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12292626

Features

General

Cooling Central Air

Zoning MULTI

Year Built 2025

Electric Circuit Breakers Service - 101 to 200 Amps

Stories Count 5

Property Subtype Condominium

Tax Year 2023

Assoc Fee Paid Per Not Applicable

County Cook

Net Operating Income 0

Property Type Commercial Sale Retail/Stores

Status Active

Directions On Belmont between Southport and Racine

City Chicago

Number Of Units Total 7

MLS Area CHI - Lake View

Lot Size Square Feet 6250

Additional Parcels Y/N N

Leasable Area 1742

Standard Status Active

Exterior

Building Area Total 22000

Lot Dimensions COMMON

* Excluded Features

List By

Compass

Broker

tim.sheahan@compass.com; thesheahangroup@compass.com

Affordability Calculator

$2,963

Per Month

Monthly Principal & Interest: $2,963
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$1,040,274

Percent of Sale Price 119%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/6/2025	$475,000	-5.00%	Price Down
3/12/2025	$500,000	-4.76%	Price Down
2/17/2025	$525,000		Listed Price

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1216 W Belmont Avenue, Chicago, IL, 60657 is a Commercial Property for sale at $475,000 with 22,000 sqft and a lot size of 0.14348. 1216 W Belmont Avenue was built in 2025. The property's zip code is 60657 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/13/2025.

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1216 W Belmont Avenue

Commercial Property for sale in Chicago, IL

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