2148 W Belmont Avenue
Chicago, IL 60618

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Description

Available for sale or lease, this 2,500 SF ground-floor commercial space includes an additional 500 SF second-floor office and a 2,500 SF lower-level basement, offering flexible space for storage or business expansion. Located along the high-traffic Belmont Ave corridor, the property is zoned C1-2, allowing a wide range of uses including retail, bar/tavern (subject to licensing), gym, pet daycare, coffee roasting, warehouse, and other service-oriented businesses. The layout presents an excellent opportunity for a full bar or restaurant build-out, with the basement ideal for storage, prep, or operational support. The space features a separate water main and dedicated meter and is delivered vacant as a blank canvas, ready for a build-to-suit concept. Offered at $29/SF NNN, with ownership open to negotiating tenant improvement credits and flexible lease terms. Strong visibility, dense surrounding residential population, and late-night potential make this a standout opportunity. Zoning and use subject to tenant due diligence and City approval. Strong potential for developers seeking redevelopment or adaptive reuse, including residential conversion opportunities. Schedule a showing to explore and capitalize on this highly sought-after commercial corridor..

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60618
• Year Built: 1914
• Stories: 2
• Units: 1 unit
• Zoning: COMMR
• # Of Offices: 1
• # Of Stores: 1
• Approximate Age: 36-50 Years
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick, Concrete, Block
• Cooling: Central Air
• Directions: Property is located on Belmont Ave (east-west) between Kedzie Ave (north-south) to the west and California Ave (north-south) to the east, near the intersections of Belmont Ave & Seeley Ave (north-south) and Belmont Ave & Oakley Ave (north-south).
• Docks: Service Entrance
• Electric: Service - 201 to 600 Amps
• Electric Expense: 1078
• Electric Expense Source: Actual
• Fire Protection: Alarm On Site, Smoke or Fire Protectors
• Flooring: Concrete
• Foundation Details: Concrete Perimeter
• Geographic Locale: Chicago Northwest
• Green Supporting Documents: N
• Heat/Ventilation: Central Heat/Indiv Controls
• Information: 24-Hr Notice Required, List Broker Must Accompany
• Insurance Expense: 16828
• Insurance Expense Source: Actual
• Location: High Traffic Area
• Lot Size Square Feet: 3000
• Main Type: Commercial Sale
• Misc Inside: Heavy Floor Load, Private Restroom/s, Storage Inside, Basement
• Office SqFt: 500
• Original Rental Price: 29
• Other Expense Source: Owner Projection
• Outdoor Parking: 1-5 Spaces
• Rental Price: 29
• Retail SqFt: 2500
• Roof: Rubber
• Roof Structure: Flat
• Tax Annual Amount: 22551.9
• Tax Year: 2024
• Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs, Sewer, All Utilities, Trash Collection
• Total Actual Rent: 6041
• Township: Lake View
• Trash Expense Source: Actual
• Water Drainage: Floor Drains, Storm Sewers
• Water Expense Source: Owner Projection
• Water Source: Municipal Water