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1040 W Belmont Ave
Chicago, IL 60657
Giordano's · Retail Property For Sale
Investment Highlights
- SIGNIFICANT UPSIDE THROUGH REDEVELOPMENT: currently zoned B3-2 within Chicago (
- FUTURE USE FLEXIBILITY: offers an abundance of possibilities for future uses
- BUSTLING NEIGHBORHOOD: The Property is situated along the lively Belmont Avenue corridor, with over 17,000 vehicles passing the site daily.
- TRANSIT-ORIENTED LOCATION: conveniently located approximately 615 feet away from the Belmont CTA Station
- URBAN INFILL LOCATION WITH STRONG DEMOGRAPHICS: 106,000 residents earning an average household income of $168,830 within in one mile
- NEARBY DEVELOPMENT MOMENTUM
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,022 SF
Building Class
C
Year Built/Renovated
1895/1920
Tenancy
Single
Building Height
1 Story
Building FAR
0.73
Lot Size
0.19 AC
Zoning
B3-2
Parking
5 Spaces (0.83 Spaces per 1,000 SF Leased)
Frontage
75’ on Belmont
Amenities
- Signage
Property Taxes
| Parcel Number | 14-20-423-037-0000 | Improvements Assessment | $358,875 |
| Land Assessment | $144,375 | Total Assessment | $503,250 |
Property Taxes
Parcel Number
14-20-423-037-0000
Land Assessment
$144,375
Improvements Assessment
$358,875
Total Assessment
$503,250
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