851 W Belmont Ave Chicago, IL 60657
W Belmont Ave & N Clark St
We purchased 851 W Belmont as part of our urban retail acquisition strategy. The property consists of 3 tenants. They are all neighborhood-centric tenants with a cult-like following. The property is 1 block from the busiest "El" train stop in the city of Chicago (4.3M Riders), within 1 block to the theater district, and is immediately adjacent to a new format 40,000 SF Target store. Its proximity to the Wrigley's Field neighborhood is an attraction for young people to this area which is known as Lakeview. We are proud to have Annoyance Theater as our largest tenant. The theater has been around for many years and is a household name within the Chicago comedy scene. The theater has hosted and taught well known comedians such as Stephen Colbert.
Gideon Asset Management is pleased to announce the acquisition of 851 W Belmont Avenue in Chicago, IL. The property sits immediately adjacent to an urban Target store which was recently developed and is in a young transit-oriented neighborhood known as Lakeview. Totaling 18,000 SF, the......
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