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1114 W Belmont Ave
Chicago, IL 60657
The Belmont Lofts · Commerce de détail Propriété À vendre


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Faits saillants de l'investissement
- VALUE-ADD OPPORTUNITY WITH STABLE INCOME
- UNIQUE LOFT-STYLE APARTMENT UNITS WITH 14.5 FOOT CEILINGS
- PROXIMITY TO DEPAUL AND WRIGLEY FIELD
- BITTERSWEET - 33 YEARS + COMMISSARY KITCHEN
- PRIME LAKEVIEW LOCATION
- HIGHLY WALKABLE + TRANSIT-SERVED LOCATION
Résumé de l'annonce
Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in 1114 W Belmont Avenue (the “Property”), a 100% leased, urban infill mixed-use investment located in Chicago’s Lakeview neighborhood. The Property consists of one (1) retail space, seven (7) apartment units, and four (4) garage parking spaces.
The ±13,520 square foot, two-story building is situated on ±7,740 square feet of land with approximately 62 feet of frontage along West Belmont Avenue. The ground-floor retail space is leased to Bittersweet Pastry Shop & Cafe, an award-winning, established neighborhood bakery that has operated since 1992, marking over 33 years in business. This location serves as Bittersweet’s flagship location and central production facility, where all baked goods are produced and distributed to its other two Chicago locations.
Positioned along the active Belmont Avenue corridor in the heart of Lakeview, the Property is three blocks from the CTA’s 8th busiest station, the Belmont ‘L’ Station, serving the Red, Brown, and Purple lines. The Belmont Station recorded 2,463,000 boardings in 2025. The location is supported by strong surrounding density, including DePaul University and a large base of young professionals, driving consistent demand for the apartment units. The Property also benefits from immediate access to CTA bus routes #8, #22, and #77, providing connectivity throughout Chicago.
The Property is surrounded by a dense retail corridor featuring a mix of national and neighborhood tenants, including Whole Foods Market, Target, Marshalls, Michaels, DSW, Petco, Binny’s, Starbucks, Chipotle, Dunkin’, Jimmy John’s, and Taco Bell. Located approximately 0.5 miles south of Wrigley Field, the Property benefits from proximity to one of Chicago’s most active entertainment and retail destinations.
The Whole Foods Market located approximately half a mile east of the Property attracts over 1.3 million annual visitors, ranking #1 in visits among all Whole Foods locations in Illinois and placing in the top 3% nationwide. Further reinforcing the strength of the corridor, Whole Foods Market recently signed a new lease at 827 West Belmont Avenue, just a few blocks east of the Property.
The surrounding area is supported by strong demographics, including a 1-mile population of over 106,000, average household income of approximately $137,200, and a median home value exceeding $556,000.
The ±13,520 square foot, two-story building is situated on ±7,740 square feet of land with approximately 62 feet of frontage along West Belmont Avenue. The ground-floor retail space is leased to Bittersweet Pastry Shop & Cafe, an award-winning, established neighborhood bakery that has operated since 1992, marking over 33 years in business. This location serves as Bittersweet’s flagship location and central production facility, where all baked goods are produced and distributed to its other two Chicago locations.
Positioned along the active Belmont Avenue corridor in the heart of Lakeview, the Property is three blocks from the CTA’s 8th busiest station, the Belmont ‘L’ Station, serving the Red, Brown, and Purple lines. The Belmont Station recorded 2,463,000 boardings in 2025. The location is supported by strong surrounding density, including DePaul University and a large base of young professionals, driving consistent demand for the apartment units. The Property also benefits from immediate access to CTA bus routes #8, #22, and #77, providing connectivity throughout Chicago.
The Property is surrounded by a dense retail corridor featuring a mix of national and neighborhood tenants, including Whole Foods Market, Target, Marshalls, Michaels, DSW, Petco, Binny’s, Starbucks, Chipotle, Dunkin’, Jimmy John’s, and Taco Bell. Located approximately 0.5 miles south of Wrigley Field, the Property benefits from proximity to one of Chicago’s most active entertainment and retail destinations.
The Whole Foods Market located approximately half a mile east of the Property attracts over 1.3 million annual visitors, ranking #1 in visits among all Whole Foods locations in Illinois and placing in the top 3% nationwide. Further reinforcing the strength of the corridor, Whole Foods Market recently signed a new lease at 827 West Belmont Avenue, just a few blocks east of the Property.
The surrounding area is supported by strong demographics, including a 1-mile population of over 106,000, average household income of approximately $137,200, and a median home value exceeding $556,000.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Commerce pied immeuble
Taille du bâtiment
13 520 pi²
Classe d’immeuble
C
Année de construction
1925
Prix
5 834 640 $ CAD
Prix par pi²
431,56 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
1,75
Taille du lot
0,18 AC
Zonage
B3-2
Stationnement
4 places (0,3 places par 1 000 pi² loué)
Façade
88’ sur Belmont Ave
Impôts fonciers
| Numéro de lot | 14-20-422-022-0000 | Évaluation des bâtiments | 178 885 $ CAD |
| Évaluation du terrain | 75 364 $ CAD | Évaluation totale | 254 249 $ CAD |
Impôts fonciers
Numéro de lot
14-20-422-022-0000
Évaluation du terrain
75 364 $ CAD
Évaluation des bâtiments
178 885 $ CAD
Évaluation totale
254 249 $ CAD
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