1342 W Belmont Avenue #1 Chicago IL 60657 MLS #MRD12395833

MLS #MRD12395833 image #0
Located in the heart of affluent Lakeview, this 2,400 SF newer-construction retail space presents a rare, turnkey investment opportunity with a stable, long-term tenant operating a thriving luxury nail salon. Ideally situated at the high-traffic intersection of W Belmont Ave and N Southport Ave-just steps from the lively Southport Corridor and within walking distance of the Red, Purple, and Brown Lines-this premium ground-floor commercial condo sits beneath six upscale residential units. The space features nine expansive floor-to-ceiling storefront windows (over 30 feet of sidewalk storefront) , elegant white tile flooring, high-end modern finishes, newer mechanical systems, and a heated sidewalk. The layout includes two half bathrooms and three built-out office rooms including onsite washer and dryer. Surrounded by dense residential developments, acclaimed restaurants, and top-tier retailers, the property benefits from consistent foot traffic and high visibility. One outdoor parking space is included. The existing business plans to remain and is paying $6,000/ month rent, offering both immediate rental income and long-term stability.

Property Details

Price:
$810,000
MLS #:
MRD12395833
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Neighborhood Storefront
Neighborhood:
chilakeview
Listed Date:
Jun 17, 2025
Total Sq Ft:
25,000
Year Built:
2017
Chi – Lake ViewChilakeview

Schools

Interior

Cooling
Central Air

Exterior

Financial

Tax Year
2023
Taxes
$23,161

Listing Agent & Office

Chih-Hao Yang
Fulton Grace Realty

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1342 W Belmont Avenue #1
Chicago, IL