1342 W Belmont Avenue # 1 Chicago, IL $ 810,000
1342 W Belmont Avenue # 1
$ 810,000
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1342 W Belmont Avenue # 1

Chicago, IL, 60657
$ 810,000
Bedrooms-- Baths-- Sq 25,000
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Property for Rent in Chicago, IL

for $810,000. This 25,000 square foot property was built in 2017 on a lot size of 0.134435.

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.

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Rental Active

Price

$ 810,000

Taxes

$ 23,161

Style

Lot Size

0.134435

Year Built

2017

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12395833

Features
General
Cooling Central Air
Zoning COMMR
Year Built 2017
Electric Circuit Breakers
Stories Count 4
Township Lake View
Unit Number 1
Property Subtype Neighborhood Storefront
Tax Year 2023
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions E. or W. on Belmont to 1342. Located on north side of Belmont between Southport and Racine.
City Chicago
Number Of Units Total 1
MLS Area CHI - Lake View
Lot Size Square Feet 5856
Tax Annual Amount 23161.14
Additional Parcels Y/N N
Leasable Area 2400
Lease Type N/A
Standard Status Active
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Exterior
Building Area Total 25000
Lot Dimensions 48X122
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* Excluded Features
List By
Fulton Grace Realty

Broker

chihhao.d.yang@gmail.com;chihhao@fultongrace.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/17/2025$810,000 Listed Price

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1342 W Belmont Avenue # 1, Chicago, IL, 60657 is a Property for Rent at $810,000 with 25,000 sqft and a lot size of 0.134435. 1342 W Belmont Avenue # 1 was built in 2017. The property's zip code is 60657 which is in Chicago, IL