Retail / Office / Medical Office Available for Lease… — Lease in Chicago, IL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Chicago, IL 60657

Description

Retail For Lease | 1,800 SF For Sale | Building Size: 1,800 SF FOR SALE or LEASE: Prime Commercial Condo in Lakeview at the corner of Belmont and Paulina. This 1,800 SF hard-corner unit sits at the signalized intersection of Belmont and Paulina and features large Key Facts Sale Price: $479,000 Lease Rate: $25.00 SF/yr NNN Size: 1,800 SF Taxes: $9.69 SF/yr CAM: $1.50 SF/yr Neighborhood: Lakeview Walk Score®: Paradise (97) Retail / Office Spaces with Large Window as Signalized Intersection FRONTAGE: 1701 Belmont - 93' / 3152 N. Paulina - 33' Five Private Offices in 1701 Belmont TRANSPORTATION: 6-MIN Walk to Brown Line L & 24HR Belmont Bus Median HH Income $143,262 (1 Mile) Strong Retail Corridor near #2 most visited Whole Foods FRONTAGE: 1701 Belmont - 93' / 3152 N. Paulina - 33' TRANSPORTATION: 6-MIN Walk to Brown Line L & 24HR Belmont Bus Hunter Cannon Senior Vice President Chicago - Downtown License #: 475164446 +1 312 612 5950 Call Now +1 312 612 5950 +1 773 220 4821 Call Mobile +1 773 220 4821 License #: 475164446

Market Context

This retail in Chicago, IL is listed for lease. It has been on the market for 176 days. Compare it against other retail listings for lease in Chicago, IL — view the full market.

As of Q1 2026, the Chicago retail market showed average asking rents near $22.27/SF/yr, and cap rates around 8.2%. Source: multiple brokerage reports, Q1 2026.

Retail market FAQ

What is the typical cap rate for retail in Chicago?
About 8.2% as of Q1 2026, per multiple brokerage reports.

Estimated Market Rate

$1.58/SF/mo – $2.13/SF/mo

Mid: $1.86/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

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