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1023-1025 W Belmont Ave 5,500 SF 100% Leased Retail Building Chicago, IL 60657 $2,550,000 ($463.64/SF) 6.41% Cap Rate



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
• 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%
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
Chipotle Mexican Grill began in 1993 when Steve Ells opened a restaurant in Denver, Colorado. The company focuses on burritos, tacos, bowls, and salads made with fresh ingredients. Customers can customize their orders while watching the food preparation. Chipotle operates thousands of locations internationally and emphasizes using real food without artificial additives. The chain has grown substantially since its founding and remains a major player in the fast-casual dining industry.
- Kabob Hut Indian Cuisine
- Retailer
- -
- -
- -
Native Foods was founded in 1994 in Palm Springs, and has been on a mission to inspire the way the world eats ever since! What do they mean by that? Well, they believe that creating absolutely craveable and delicious food, compassion for animal welfare, and environmentally sustainable practices should go hand in hand, and that high-quality, made-from-scratch food can come at reasonable prices. It may be hard to believe when you look at their juicy gourmet burgers or the scrumptious sandwiches, but no, they never use animal products of any kind! Their food is homemade with ingredients that are often bought locally or brought in from sustainable suppliers, non-GMO, and organic whenever possible. So, if you're looking for a welcoming and comfortable place to enjoy your favorite comfort foods with a modern, plant-based twist, then you've come to the right place!
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Accommodation and Food Services | - | - | - | ||
| Kabob Hut Indian Cuisine | Retailer | - | - | - | ||
|
Accommodation and Food Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-29-203-001-0000 | Improvements Assessment | $199,625 |
| Land Assessment | $100,625 | Total Assessment | $300,250 |
Property Taxes
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1023-1025 W Belmont Ave
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