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Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1702 | 1,000 SF | 5 Years | $42.00 /SF/YR $3.50 /SF/MO $42,000 /YR $3,500 /MO | Modified Gross |
1st Floor, Ste 1702
Located in the heart of Chicago's highly sought-after Lakeview neighborhood, this exceptional turnkey salon opportunity offers the rare chance to step into a fully operational beauty business in one of the city's most vibrant and affluent commercial corridors. Positioned along Belmont Avenue, this storefront benefits from outstanding visibility, strong foot traffic, and convenient access to the surrounding residential and retail community that makes Lakeview one of Chicago's most desirable destinations for beauty, wellness, dining, and lifestyle businesses. The space consists of approximately 2,000 square feet in total, featuring approximately 1,000 square feet on the main level and an additional 1,000 square feet in the lower level. The main floor is currently operating as an established nail salon and will be delivered with the existing salon furniture, fixtures, equipment, and business setup in place, creating a true plug-and-play opportunity for the next operator. This allows a new tenant to walk in and begin operations immediately without the time, expense, and uncertainty of a traditional build-out. The lower level adds tremendous value and flexibility to the business. In addition to practical back-of-house functionality including laundry facilities, a staff lounge, and a kitchen area, the space also features a private waxing or treatment room along with a multi-purpose event space that can be used for birthday parties, private client events, beauty classes, VIP gatherings, or additional wellness services. This unique two-level setup creates multiple revenue opportunities while supporting both operational efficiency and enhanced customer experience. Situated in one of Chicago's most established and high-income neighborhoods, this location is ideal for beauty entrepreneurs, nail salon operators, lash or brow studios, med spa concepts, or boutique wellness brands looking to establish or expand their presence in a proven retail corridor. Opportunities like this-where a fully operating business environment, existing infrastructure, and a premier location come together-rarely become available.
- Listed rate may not include certain utilities, building services and property expenses
- Central Air and Heating
- Private Restrooms
- Wi-Fi Connectivity
- Secure Storage
- Plug & Play
- Shower Facilities
- Basement
- Smoke Detector
- Plug & Play, Nail Salon
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 1700-1702 W Belmont Ave, Chicago, IL 60657
- Tenant
- Description
- US Locations
- Reach
- Divine Nails & Spa
- Salon/Barber/Spa
- 1
- -
- Gateway Terraces Condominium Association
- Real Estate
- 1
- -
- State Farm
- Insurance
- 24,472
- International
| Tenant | Description | US Locations | Reach |
| Divine Nails & Spa | Salon/Barber/Spa | 1 | - |
| Gateway Terraces Condominium Association | Real Estate | 1 | - |
| State Farm | Insurance | 24,472 | International |
Property Facts
| Total Space Available | 1,000 SF | Gross Leasable Area | 14,000 SF |
| Property Type | Retail | Year Built | 2001 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 1.25/1,000 SF |
| Total Space Available | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 14,000 SF |
| Year Built | 2001 |
| Parking Ratio | 1.25/1,000 SF |
Features and Amenities
- Signage
- Signalized Intersection
Nearby Major Retailers
Contact the Leasing Agent
1700-1702 W Belmont Ave






