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1020 West Belmont AvenueChicago, IL 60657Price: $1,324,000

  • Price: $1,324,000
  • 1 Day on Market
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Federal 30-year interest rate: 6.71% last updated on Sep 3, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,324,000List Price
  • 1911Year Built
  • 4,200Square Feet

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Rare opportunity to own a well-located, three-unit mixed-use building in the heart of Lake View, just steps from the CTA Belmont Red/Brown/Purple Line stop and a short walk to Wrigley Field. This property offers a unit mix of (1) ground-floor commercial storefront and (2) 3-bedroom/1-bath residential units, each approximately 1,200 SF. The property features central air, separate electric panels, common-area laundry, and two exterior parking spaces. The ground-floor commercial space is fully leased through 2030 to 404 Burgers | Barbecue, a fast-growing local operator offering durable, long-term income at the base of the investment. Current rent roll totals $9,000/month across all three units: the commercial unit at $3,200/month with 2% annual increases, and the two residential units at $2,900/month each (leases expiring 5/31/27 and 6/30/27), both currently renting below market with clear upside on renewal or turnover. Positioned directly on the bustling Belmont Avenue corridor, the property benefits from heavy year-round and game-day foot traffic tied to Wrigley Field and the surrounding Wrigleyville, Northalsted, and Lakeview East retail and nightlife districts, alongside easy access to the Lakefront Trail and Lincoln Park. With strong neighborhood demographics, this offering combines in-place income with meaningful upside for an investor looking to add a stabilized, transit-served asset to their portfolio.

Property Details of 1020 West Belmont Avenue

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Listed by Quinn Evans of Essex 312,LLC

Based on information submitted to MRED  as of September 9, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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