4950 W Division Street
Chicago, IL, 60651
$399,000
Beds
0 Baths
0 SqFt
0.29 Acres
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$399,000
4950 W Division Street
Chicago, IL, 60651
MLS #MRD12753742 image #0MLS #MRD12753742 image #1MLS #MRD12753742 image #2
PRIME COMMERCIAL OPPORTUNITY WITH HUGE POTENTIAL! Located at 4950-4958 W Division St, this C1-3 zoned commercial property offers an excellent opportunity for an investor, owner-user, or developer looking to bring their vision to life. The property requires work and is being sold in its current condition. Buyer will be responsible for removing and disposing of all remaining personal property and items left by the previous owner. Property is being sold AS-IS. Bring your ideas, creativity, and vision-this property offers significant potential for redevelopment, renovation, or a new commercial venture. Buyer is responsible for verifying zoning, permitted uses, building requirements, dimensions, and all other information with the City of Chicago. Great opportunity for the right buyer!

Property Details

Price:
$399,000
MLS #:
MRD12753742
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Other
Neighborhood:
chiaustin
Listed Date:
Sep 8, 2026
Total Sq Ft:
12,936
Lot Size:
12,589 sqft / 0.29 acres (approx)
Year Built:
1927
Chi – AustinChiaustin

Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick
Roof
Rubber
Stories
2

Financial

Tax Year
2025
Taxes
$11,018
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Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Nov 02, 2026
875
Commercial Listed
183
Avg DOM
$1,013,346
Avg List Price

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Property Summary

    4950 W Division Street Chicago IL is a Commercial for sale in Chicago, IL, 60651. It is listed for $399,000 To schedule a showing of MLS#mrd12753742 at 4950 W Division Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
4950 W Division Street
Chicago, IL