1551 W Division St
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1551 W Division St
6,000 SF 53% Leased Retail Building Chicago, IL 60642 $899,000 ($150/SF)
Investment Highlights
- High visibility next to Popeye's at the corner of Ashland and Division
- 22.5' high ceiling
- Close proximity to I-90/94
- Steps to the busy Division CTA Blue Line L-stop at Polish Triangle
- High traffic location: Ashland Avenue sees 23,400 vehicles per day and Division Street sees 15,400 vehicles per day
Executive Summary
Unique 2,800 SF commercial building with 22.5' high ceiling in the heart of Wicker Park (Polish Triangle). Highly visible building next to Popeye's at the corner of Ashland and Division. No columns or pillars inside the space. Partial basement with 7' ceiling. This is a superb, high traffic location, steps from the busy Division CTA Blue Line L-stop. Ashland Avenue sees 23,400 vehicles per day and Division Street sees 15,400 vehicles per day. The immediate area has a lively mix of bars, restaurants and well-known retailers. It is also easy to access from I90/94 (two blocks away).
Taxes & Operating Expenses (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2022) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
6,000 SF
Building Class
C
Year Built
1879
Price
$899,000
Price Per SF
$150
Percent Leased
53%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.97
Lot Size
0.07 AC
Zoning
B3-1, Chicago
Frontage
25 FT on Division St
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Unique 2,800 SF space in clear-span building with 22.5' high ceiling in Wicker Park. No columns or pillars. Next to Popeyes. High traffic area.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,800 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 2,800 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1 of 2
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1st Floor
| Size | 2,800 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Unique 2,800 SF space in clear-span building with 22.5' high ceiling in Wicker Park. No columns or pillars. Next to Popeyes. High traffic area.
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (76)
Bike Score ®
Biker's Paradise (97)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 17-05-300-003-0000 | Total Assessment | $81,153 (2023) |
| Land Assessment | $18,750 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $62,403 (2023) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
17-05-300-003-0000
Land Assessment
$18,750 (2023)
Improvements Assessment
$62,403 (2023)
Total Assessment
$81,153 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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1551 W Division St
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