$810,000

1342 W Belmont Avenue 1, Chicago, IL 60657

  • 25,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2017
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $32/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Listing Office:
Fulton Grace Realty : 217-819-8009
Listing Agent:
Chih-Hao Yang : 217-819-8009
MLS ID:
12395833
  • A/C: Central Air

This listing courtesy of Chih-Hao Yang, Fulton Grace Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hawthorne Elementary Scholastic Academy

3319 N Clifton Ave, Chicago, IL, 60657

Grades KG-8

0.32 miles away

H

Hawthorne Elementary Scholastic Academy

3319 N Clifton Ave, Chicago, IL, 60657

Grades KG-8

0.32 miles away

A

Alcott College Preparatory

2957 N Hoyne Ave, Chicago, IL, 60618

Grades 9-12

0.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.