List Search

1342 W Belmont Ave
Chicago, IL 60657

$818,000 USD

Office Residential Condo For Sale  •  2,400 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 2,400 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 1968
  • Tenancy Single
  • Zoning B3-3
77 Transit Score
96 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1 Retail 2,400 SF $818,000 USD
  • Unit Size: 2,400 SF
  • Condo Use: Retail
  • Price: $818,000 USD
  • Sale Type: Investment
  • Price/SF: $340.83 USD
Description
Featuring a spacious interior, nice white tiles on the floor, and other new finishes, this space is perfect for any retail use, including message business, hair salon, boba tea shops, coffee shops, offices, and more. The high foot traffic location and prime storefront visibility ensure that any business operating here will enjoy a steady stream of customers year-round.

Sale Notes
This 6.31% CAP, 2,400 SF retail condo with one parking spot is located in the heart of Lakeview, one of the city's most sought-after neighborhoods. Fully gut rehabbed in 2019, a 5 year lease has been just renewed.

This unit boasts a prime location situated at W Belmont Ave & N Southport Ave, just a couple of blocks away from the famous Lakeview 6 corners. It is a 7-minute walk to the train station (Red Line, Purple Line, and Brown Line). Surrounded by ample residential properties, many famous local restaurants, and grocery stores.

Description 

This unit boasts a prime location situated at W Belmont Ave & N Southport Ave, just a couple of blocks away from the famous Lakeview 6 corners. It is a 7-minute walk to the train station (Red Line, Purple Line, and Brown Line). Surrounded by ample residential properties, many famous local restaurants, and grocery stores.

Highlights

Tenant just renewed a 5-year lease.
Newly rehabbed space with high quality finishes, one parking included.
Rare opportunity to own a 6.31% cap, prime retail condo in the heart of an affluent neibourhood.
Open layout can suit for various business like restaurants, boba tea shops, coffee shops, medical offices, message stores and nails stores etc.

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Clybourn Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 2.0 mi
Ravenswood Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 2.5 mi
Transit/SubwayDriveWalkDistance
Southport Station (Brown Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 5 min 0.3 mi
Belmont Station (Brown, Purple, Red Lines) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L"), Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 10 min 0.5 mi
Paulina Station (Brown Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 11 min 0.6 mi
Wellington Station (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 14 min 0.8 mi
Addison Station (Red Line) (Red Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 18 min 1.0 mi
AirportDriveWalkDistance
Chicago Midway International 25 min - 13.6 mi
Chicago O'Hare International 23 min - 13.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 1
Type: Surface
Included in Rent: Yes
Tony Liu 312-888-5486 Youmu Ventures
Tony Liu 312-888-5486 Youmu Ventures