Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in 953 W. Belmont Avenue (the “Property”), a 100% leased, urban infill retail investment located at a prominent corner in Chicago’s Lakeview neighborhood. Adjacent to the 3rd busiest CTA station outside of the Loop, the Property was once formerly home to The Quiet Knight, a legendary 400-seat music club that was open on the second floor from 1968-1979. Renowned for hosting emerging talent before they became household names, the venue hosted iconic artists including The Rolling Stones, Bruce Springsteen, Bob Marley, Jimmy Buffett, Muddy Waters, and John Denver.

The ±14,281 square foot, two-story Property presents the opportunity to acquire a fully leased retail asset with a highly durable, e-commerce-resistant tenant mix and 7.5 years of weighted average lease term remaining. Featuring 100 feet of frontage along Belmont Avenue, the Property is leased to five tenants spanning medical, fitness, restaurant, and personal service uses, including Dentologie, Barre3, Chicago Bagel Authority, Hot Chi Chicken, and Milio’s Hair Studio.

The Property occupies an irreplaceable hard-corner location at Belmont and Sheffield, a signalized intersection with traffic counts exceeding 24,000 vehicles per day that provides exceptional visibility for the tenant roster. The Property is directly adjacent to the CTA Belmont ‘L’ station, serving the Brown, Purple, and Red lines. The Belmont station served 2,463,000 riders in 2025, making it the 7th busiest ‘L’ station in Chicago and 3rd busiest outside of the Loop. CTA bus routes #8, #22, and #77, serving Halsted, Clark, and Belmont, are within steps of the Property and offer connectivity to all directions of the city. Furthermore, WalkScore.com deemed the location a Walker’s Paradise (97/100), making this a highly walkable and transit-friendly retail corridor.

The Property is supported by a dynamic retail district which is home to Illinois’s most visited Whole Foods Market (more than 1.3 million annual visitors), located 0.8 miles west of the Property. Whole Foods Market recently signed a new lease at 827 W. Belmont, just one block east of the Property, further reinforcing the strength of the corridor. Other national retailers nearby include Target, Marshalls, Michaels, Petco, Binny’s, Starbucks, Chipotle, Dunkin’, and Taco Bell. Popular entertainment venues such as Wrigley Field, Annoyance Theatre, and Laugh Factory are within walking distance of the Property. Additionally, the Lakeview Medical District is 0.1 miles south of the Property, generating significant daily traffic from its employees and visitors.

The Property benefits from Lakeview’s highly affluent and dense population. Within 1-mile, demographics include an average household income of $140,000, a median home value of $548,000+, and a total population of 111,500.