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5230 W Belmont Ave 1,300 SF of Office/Medical Space Available in Chicago, IL 60641
Highlights
- Prime Belmont Avenue Exposure
- Flexible Use Potential
- Dense, Established Urban Market
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 1 | 1,300 SF | 12’ - 15’ | 1-10 Years | $27.79 CAD/SF/YR $2.32 CAD/SF/MO $36,133 CAD/YR $3,011 CAD/MO | Full Service |
1st Floor, Ste 1
- Rate includes utilities, building services and property expenses
- Finished Ceilings: 12’ - 15’
- Central Air Conditioning
- Private Restrooms
- Security System
- Secure Storage
- Open-Plan
- Smoke Detector
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.
Property Facts
| Total Space Available | 1,300 SF | Gross Leasable Area | 4,020 SF |
| Property Type | Retail | Year Built | 1965 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,300 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 4,020 SF |
| Year Built | 1965 |
About the Property
Positioned along the highly traveled Belmont Avenue corridor, 5230 W Belmont Ave offers a compelling opportunity in Chicago’s established Northwest Side. The property benefits from strong visibility, consistent daily traffic counts, and proximity to surrounding residential neighborhoods and commercial amenities. The site is well-located within the Belmont Cragin area, a dense, stable community known for its local retail demand and convenient access to major arterial routes. Belmont Avenue serves as a key east-west thoroughfare, connecting the property to nearby neighborhoods, employment centers, and transportation options. Surrounded by a mix of retail, service-oriented businesses, and residential uses, the property is well suited for an owner-user, investor, or redevelopment concept, depending on zoning and improvements. Its urban infill location provides walkability to nearby amenities while maintaining strong vehicular exposure. Overall, 5230 W Belmont Ave presents a solid Chicago investment opportunity with long-term value supported by location, traffic visibility, and neighborhood fundamentals.
Nearby Major Retailers
Presented by
JmG Property Solutions
5230 W Belmont Ave
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