25,000 sq ft
Commercial: Retail/Stores - MLS# 12395833
Tools & Resources:
Description
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.
Features
- Property Type: Commercial
- Sub Type: Retail/Stores
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60657
- Year Built: 2017
- Sq.Ft.: 25,000 sq ft
- Stories: 4
- Units: 1 unit
- Zoning: COMMR
- Building Area Total: 25000
- Cooling: Central Air
- Directions: E. or W. on Belmont to 1342. Located on north side of Belmont between Southport and Racine.
- Electric: Circuit Breakers
- Fire Protection: Alarm Monitored
- Heat/Ventilation: Forced Air
- Information: List Broker Must Accompany
- Leasable Area: 2400
- Lot Size Square Feet: 5856
- Main Type: Commercial Sale
- Min Avail Sq Ft (Rentable): 2400
- Other Expense: 280
- Other Expense Source: Actual
- Outdoor Parking: 1-5 Spaces
- Property Offered: For Sale Only
- Property Sub Type: Neighborhood Storefront
- Tax Annual Amount: 23161.14
- Tax Year: 2023
- Township: Lake View
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