Description
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.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
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.
© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene | Baird & Warner.
Based on information submitted to the MRED as of 2023-03-31T17:02:41.697 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information.
Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
Digital Millennium Copyright Act