1419 W. Belmont | Lakeview | Condo FOR SALE

1419 W. Belmont Ave. Chicago, IL 60657

1419 W. Belmont Ave., Chicago, IL, 60657
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FOR SALE
Property Type:
Street Retail
Amount:
$279,000
Last Verified:
Mar 17, 2025

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Highlights

  • 900 SF Ground Floor Commercial Condo
  • High-End Build Out with Glass Conf Room, One Large Office, Open Work Area, Kitchenette, One ADA Bathroom, and Storage
  • One (1) Garage Parking Space Included
  • Zoned B3-2, Ideal for Office or Service Retail
  • Lakeview Neighborhood, One Block from Whole Foods
  • Two Blocks from Southport Corridor and Southport El Stop (Brown Line)
  • Taxes - $9,436 (2023)
  • Assessments - $154/month
  • Video Tour - https://youtu.be/bM3mUR-Ht2g

Description

HIGH-END BUILDOUT WITH ONE GARAGE SPOT! SVN Chicago Commercial is pleased to offer 1419 W. Belmont for SALE. The subject building is located on the highly trafficked Belmont Avenue between the Southport Corridor and the six-way intersection of Lincoln/Belmont/Ashland in Chicago's Lakeview neighborhood. It is conveniently one block east of Whole Foods and two blocks south of the Southport Brown Line stop. The space is a 900 SF fully built-out commercial condominium with one glass conference room, one large office, open work area, kitchenette, one ADA bathroom, and storage. The space comes with one indoor garage parking space. The property is zoned B3-2 and ideal for any office or service retail uses. Please call the SVN advisor for further information or view the video tour here: https://youtu.be/bM3mUR-Ht2g

Lakeview is bordered by Diversey Parkway on the south, Irving Park Road on the north, Ravenswood Avenue on the west, and the shore of Lake Michigan on the east. Lakeview had a population of 97,121 residents in 2024, making it one of the largest of the Chicago community areas by population. Much like Chicago in general, it is comprised of smaller neighborhood enclaves such as East Lakeview, West Lakeview, Sheridan Station Corridor, Northhalsted, Southport Corridor, and Wrigleyville. Located just minutes north of downtown, Lakeview’s vibrant streets boast some of Chicago’s best culture, shopping, dining, and sporting events. It’s known for its Belmont Theater District, numerous outdoor festivals and farmer's markets, as well as concerts and games at Wrigley Field.

Building Size: 900sq ft
Lot Size: 0 acres


Documents

1419 W Belmont Sale Brochure

Map of 1419 W. Belmont Ave., Chicago, IL, 60657

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
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