Skip To Content

2018 W Division Street

Chicago, IL 60622
  • $1,299,900
  • STATUS: Active Under Contract
  • ON SITE: 186 Days
  • MLS #: 11360893
Under Contract
UPDATED: 40 min ago
$1,299,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1912
County:

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.

Monthly Payment Calculator



© 2022 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 @properties. Based on information submitted to the MRED as of 2022-10-03T11:00:35.76 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
www.luxhomechicago.com/homes/127212010
Print Image

2018 W Division Street Chicago, IL 60622

  • Price: $1,299,900
  • Status: Active Under Contract
  • On Site: 186 Days
  • Updated: 40 min ago
  • MLS #: 11360893
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1912
Built
Neighborhood:
Chi - West Town
County:
Cook
Area:
Chi - West Town
Property 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.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City StreetPublic Road Parking Total 1

Interior Features

Cooling Central Air Heat Ventilation Gas Number Of Dishwashers 0 Number Of Dryers 2 Number Of Ranges 2 Number Of Washers 2

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 6302 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - Has Seller Written Direction Current Use CommercialCondominium Electric Other Fire Protection Smoke Or Fire ProtectorsOther Geographic Locale Chicago West Gross Income 13344 Gross Scheduled Income 160128 Insurance Expense 0 Location Central Business DistrictMixed Use AreaPublic Transport Avail Mls Actual Status Contingent Number Of Tenants 2 Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 16188 Tax Year 2020 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 13344 Township West Chicago Type Mixed Use Utilities Electric To SiteGas To SiteSanitary SewerSewer-Storm AvailableWater-MunicipalWater To Site Zoning Commr

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Berkshire Hathaway Homeservices Chicago: 312-642-1400.


© 2022 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 @properties. Based on information submitted to the MRED as of 2022-10-03T11:00:35.76 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
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11360893-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11360893-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11360893-1.jpg
Logo
@properties
737 North Michigan Avenue, Suite 1800
Chicago IL, 60611