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$40
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Property Description
Great opportunity to lease a unique space (2,800 SF) in a clear-span building with 22.5' high ceiling! No columns or pillars. Formerly housing evilOlive, a renowned bar/nightclub, this location boasts tremendous visibility from the 3 streets forming Polish Triangle. Division CTA Blue line and bus stops are located just across the street. Vehicle traffic counts along these streets include: 15,400 VPD on Division Street, 23,400 VPD on Ashland Avenue, and 12,100 VPD on Milwaukee Avenue. I-90/94 ramp is 2 blocks away for convenient access. The immediate vicinity features a lively mix of bars, restaurants, and well-known retailers such as Target, Popeyes, Wendy's, Foot Locker, Fifth Third Bank, PNC Bank and Verizon.
Full Property Details
Full Property Details for 1551 W Division St
General
- Price: $40
- Taxes: $20,477 (2022)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 11947201
- Updated: 6/30/2025
- Added to Site: 766 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: Division Street between Ashland Avenue and Milwaukee Avenue.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Ceiling Height: 22
- Stories/Levels: 2
- Year Built: 1878
Lot Features
- Lot Size (Sq. Ft.): 3,125
- Lot Dimensions: 23 x 122
- Zoning: COMMR
Financial Considerations
- Lease Price: $40
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Other
- Assessment Year: 1878
- Tax Amount: $20,477
- Tax Year: 2022
Listed by Strauss Realty Ltd
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Schools
Schools serving 1551 W Division St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Otis Elementary School 525 North Armour Street, Chicago, IL 60642 | K-8 | 0.8 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1551 W Division St
Date
Details
Price
Change
Source
12/14/2023
Listed
$40
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1551 W Division St
1551 W Division Street, Chicago, IL 60642 (MLS# 11947201) is a Commercial Lease property. 1551 W Division Street is currently listed for $40 and was received on December 14, 2023. Want to learn more about 1551 W Division Street? Do you have questions about finding other Commercial Lease real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.

