$1,299,900
2018 W Division Street
Chicago, IL, 60622
2018 W. DIVISION STREET is a masonry, fee-simple, mixed-use building with 6,302 gross square feet of space. The building has two commercial spaces, one occupying the ground floor of the three-story structure, one occupying a one-story structure adjacent to the three-story portion of the structure, & two apartments, one each on the second & third floor. According to the City of Chicago Zoning Map, the property is zoned B3-2, Community Shopping District. HIGHLY DESIRABLE LOCATION – Located along Division Street between Damen and Hoyne Avenue, the Property is well-positioned in a heavily populated and traveled area. The Property benefits from its close proximity to the Kennedy Expressway (Interstate 90/94), Blue Line ‘L” Station, and proximity to the city’s central business district. VALUE-ADD / OWNER USER OPPORTUNITY – The ground floor retail space has been occupied by the current tenant since 2011. The two apartments on the upper floors are vacant. The Property is ideal for an owner/user to occupy the ground floor retail space. Additionally, a new buyer can significantly increase the apartment rents by remodeling the units. EASY ACCESS TO PUBLIC TRANSIT – The Property is located 0.5 miles from the CTA Division Blue Line ‘L’ connecting Wicker Park to O’Hare International Airport and downtown Chicago’s Loop.
Property Details
Price:
$1,299,900 / $1,125,000
MLS #:
MRD11360893
Status:
Closed ((Apr 3, 2023))
Beds:
0
Baths:
0
Address:
2018 W Division Street
Type:
Commercial
Subtype:
Mixed Use
City:
Chicago
Listed Date:
Mar 30, 2022
State:
IL
Finished Sq Ft:
6,302
ZIP:
60622
Year Built:
1912
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick
Financial
Buyer Agent Compensation
AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT.Net Sale Price
Tax Year
2020
Taxes
$16,188
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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2018 W Division Street
Chicago, IL
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