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1023-1025 W Belmont Ave
Chicago, IL 60657
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- EASY ACCESS TO NEARBY TRANSIT STOPS
- FREE STANDING 2-TENANT BUILDING WITH FULL BASEMENT
- ANCHORED BY CHIPOTLE, A LONG TERM TENANT SINCE 2003
- EXCELLENT STREET VISIBILITY & ABUNDANT STREET PARKING
- FULLY LEASED
EXECUTIVE SUMMARY
• FREE STANDING 2-TENANT BUILDING WITH FULL BASEMENT
• FULLY LEASED
• ANCHORED BY CHIPOTLE, A LONG TERM TENANT SINCE 2003
• ON BELMONT AVE. SURROUNDED BY LOCAL & NATIONAL TENANTS
• 17,700 AVERAGE DAILY TRAFFIC
• EXCELLENT SUPPORTING DEMOGRAPHICS W/I 1 MILE RADIUS
• 106,353 POPULATION
• $173,451 AVERAGE HOUSEHOLD INCOME
• AVERAGE AGE: 32.1 YRS.
• RENTERS: 63.8%
• FULLY LEASED
• ANCHORED BY CHIPOTLE, A LONG TERM TENANT SINCE 2003
• ON BELMONT AVE. SURROUNDED BY LOCAL & NATIONAL TENANTS
• 17,700 AVERAGE DAILY TRAFFIC
• EXCELLENT SUPPORTING DEMOGRAPHICS W/I 1 MILE RADIUS
• 106,353 POPULATION
• $173,451 AVERAGE HOUSEHOLD INCOME
• AVERAGE AGE: 32.1 YRS.
• RENTERS: 63.8%
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,500 SF
Building Class
C
Year Built
1940
Price
$2,550,000
Price Per SF
$463.64
Cap Rate
6.41%
NOI
$163,399
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.93
Lot Size
0.14 AC
Zoning
B3-2
Frontage
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 14-29-203-001-0000 | Improvements Assessment | $199,625 |
| Land Assessment | $100,625 | Total Assessment | $300,250 |
PROPERTY TAXES
Parcel Number
14-29-203-001-0000
Land Assessment
$100,625
Improvements Assessment
$199,625
Total Assessment
$300,250
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MATTERPORT 3D EXTERIOR
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