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Listing provided courtesy of Strauss Realty LtdMREDas Distributed by MLSGrid- MLS# 12477972MLS Provider

5700 W Belmont AvenueChicago, IL 60634

Commercial · 11,068 Sq. ft.
$825,000 Active

5700 W Belmont Avenue Overview

Time on Site:
207 days
Visits:
4

8-unit strip center for sale with parking for 9 vehicles. Long term tenants in place plus some vacancy. Great visibility at the corner of Belmont & Major (1 block west of Central), sharing corner with Planet Fitness and Dollar General. Down the street from Tony's Fresh Market. Approx. 11,068 SF building on 14,506 SF lot.

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5700 W Belmont Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 11,068
  • Price/Sq.ft. $75

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: N/A
  • Net Operating Income: 22917

Building Information

  • Year Built: 1952

Business Information

  • Business Type: Retail
  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Portage Park

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat

Tax Information

  • Tax Annual Amount: $43,567.43
  • Tax Year: 2024

General Information

  • Parcel Number: 13204320300000
  • Property Type: Commercial Sale
  • Zoning: RTAIL

Interior

Building Interior

  • Building Area Total: 11068

General Information

  • Cooling: Central Air, Central Individual
  • Electric: Circuit Breakers
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 10900

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 125X125
  • Lot Size Square Feet: 14500

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Other

General Information

  • Number Of Units Total: 9
  • Utilities: Electric to Site,Natural Gas Available,Water Available

5700 W Belmont Avenue Neighborhood

Community

60634 (Chicago) Demographics

41
Median Age
10,615
Population Density (per sq. mile)
33%
College Educated
$72,507
Estimated Median Income
19,351
Estimated Total Home Owners
7,327
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5700 W Belmont Avenue Monthly Cost

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Marc Churchill
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5700 W Belmont Avenue Market Data

Based on the last 30 days in this zip code

$473,159
Average List Price
$281
Average Price per Square Foot
45
Properties Sold
36
Average Days on Market
125
Properties for Sale
Calculations provided by Reliance Network

5700 W Belmont Avenue History

Date Event Value Agent
2/28/2026Source: MRED Status Change
Active
2/23/2026Source: MRED Price Reduction
$825,000 -13.2%
2/23/2026Source: MRED Status Change
Price Change
12/9/2025Source: MRED Status Change
Active
12/4/2025Source: MRED Added to Database
December 04, 2025