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$1,349,000
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Property Description
Available for sale or lease, this 2,500 SF ground-floor commercial space includes an additional 500 SF second-floor office and a 2,500 SF lower-level basement, offering flexible space for storage or business expansion. Located along the high-traffic Belmont Ave corridor, the property is zoned C1-2, allowing a wide range of uses including retail, bar/tavern (subject to licensing), gym, pet daycare, coffee roasting, warehouse, and other service-oriented businesses. The layout presents an excellent opportunity for a full bar or restaurant build-out, with the basement ideal for storage, prep, or operational support. The space features a separate water main and dedicated meter and is delivered vacant as a blank canvas, ready for a build-to-suit concept. Offered at $29/SF NNN, with ownership open to negotiating tenant improvement credits and flexible lease terms. Strong visibility, dense surrounding residential population, and late-night potential make this a standout opportunity. Zoning and use subject to tenant due diligence and City approval. Strong potential for developers seeking redevelopment or adaptive reuse, including residential conversion opportunities. Schedule a showing to explore and capitalize on this highly sought-after commercial corridor..
Full Property Details
Full Property Details for 2148 W Belmont Ave
General
- Price: $1,349,000
- Taxes: $22,551 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12564040
- Updated: 3/27/2026
- Added to Site: 47 day(s) ago
Rental Information
- Lease Terms: 5 year
Interior
- Interior Features: Heavy Floor Load, Private Restroom(s), Storage Inside, Basement
- Flooring: Concrete
Additional Information
- Security/Safety: Alarm on Site, Smoke or Fire Protectors
Location
- Area: CHI - North Center
- County: Cook
- Township: Lake View
- Driving Directions: Property is located on Belmont Ave (east-west) between Kedzie Ave (north-south) to the west and California Ave (north-south) to the east, near the intersections of Belmont Ave & Seeley Ave (north-south) and Belmont Ave & Oakley Ave (north-south).
- Location Details: Chicago Northwest, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Utilities
- Water: Municipal Water
Structural Information
- Construction: Brick, Concrete, Block
- Exterior Const.: Brick, Concrete, Block
- Foundation: Concrete Perimeter
- Roof: Rubber
- Loading: Service Entrance
- Sub-Flooring: Concrete
- Stories/Levels: 2
- Current Bldg. Use: Commercial, Automotive
- # of Stores: 1
- Year Built: 1914
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,000
- Lot Dimensions: 25 x 120
- Frontage: City Street
- Drainage: Floor Drains, Storm Sewers
- Potential Use: Commercial, Retail, Special Use, Other
- Zoning: COMMR
Financial Considerations
- Lease Price: $29
- Insurance Fee: $16,828
- Security Deposit: Alarm On Site, Smoke or Fire Protectors
- Assessment Year: 1914
- Tax Amount: $22,551.9
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs, Sewer, All Utilities, Trash Collection
- Pays Electric: 1078
Disclosures and Reports
- Property ID: 14193300280000
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Schools
Schools serving 2148 W Belmont Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Audubon Elementary School 3500 North Hoyne Avenue, Chicago, IL 60618 | PK-8 | 0.4 mi |
Lake View High School 4015 North Ashland Avenue, Chicago, IL 60613 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2148 W Belmont Ave
Date
Details
Price
Change
Source
2/08/2026
Listed
$1,349,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2148 W Belmont Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$22,867
3%
$108,379
—
2022
$22,292
2%
$108,379
—
2021
$21,794
28%
$108,379
41%
2020
$17,084
11%
$76,688
—
2019
$15,408
2%
$76,688
—
2018
$15,148
-47%
$76,688
-42%
2017
$28,480
7%
$132,299
—
2016
$26,498
9%
$132,299
—
2015
$24,243
156%
$132,299
159%
2014
$9,479
2%
$51,090
—
2013
$9,292
1%
$51,090
—
2012
$9,168
—
$51,090
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2148 W Belmont Ave
2148 W Belmont Avenue, Chicago, IL 60618 (MLS# 12564040) is a Commercial property. 2148 W Belmont Avenue is currently listed for $1,349,000 and was received on February 08, 2026. Want to learn more about 2148 W Belmont Avenue? Do you have questions about finding other Commercial real estate for sale in North Center? You can browse all North Center real estate or contact a Coldwell Banker agent to request more information.

