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952-962 W Belmont Ave 8,121 SF 100% Leased Retail Building Chicago, IL 60657 For Sale
Executive Summary
33 Realty is pleased to offer for sale 952–964 W. Belmont Avenue / 3207 N. Sheffield Avenue, a multi-tenant corner retail building located at the signalized intersection of Belmont and Sheffield in Chicago's Lakeview neighborhood. The property generates a current NOI of $418,972 and presents a compelling covered land play for investors and developers alike. Zoned B3-2 and situated steps from the Belmont CTA Red/Brown/Purple Line station, the site is exceptionally well-positioned for transit-oriented development. The corner configuration, dual street frontage, and dense infill location make this one of the more actionable TOD sites to come to market along the Belmont corridor.
Data Room Click Here to Access
- Offering Memorandum
- Miscellaneous
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,121 SF
Building Class
C
Year Built
1909
NOI
$418,972
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.62
Lot Size
0.30 AC
Zoning
B3-2 - Community Shopping District
Frontage
Amenities
- Signage
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Property Taxes
| Parcel Number | 14-20-425-012-0000 | Improvements Assessment | $292,500 |
| Land Assessment | $218,750 | Total Assessment | $511,250 |
Property Taxes
Parcel Number
14-20-425-012-0000
Land Assessment
$218,750
Improvements Assessment
$292,500
Total Assessment
$511,250
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952-962 W Belmont Ave
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