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$1,125,000
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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.
Full Property Details
Full Property Details for 2018 W Division St
General
- Sold For: $1,125,000
- Taxes: $16,188 (2020)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 11360893
- Added to Site: 1, 392 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors, Other
Parking
- Total Spaces: 1
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: NORTH OR SOUTH ON DAMEN TO DIVISION. WEST ON DIVISION TO THE PROPERTY.
- Location Details: Chicago West, Central Business District, Mixed-Use Area, Public Transport Avail
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Storm Sewer Available, Municipal Water, Water to Site
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Square Feet: 6,302
- Current Bldg. Use: Commercial, Condominium
- # of Stores: 2
- Year Built: 1912
- Built Before 1978: Yes
Unit Information
- # Tenants: 2
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
- # Dryers: 2
Lot Features
- Lot Size (Sq. Ft.): 4,324
- Lot Dimensions: 36 x 121
- Frontage: City Street, Public Road
- Zoning: COMMR
Financial Considerations
- Security Deposit: Smoke or Fire Protectors, Other
- Assessment Year: 1912
- Tax Amount: $16,188
- Tax Year: 2020
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 17061290320000
Listed by Berkshire Hathaway HomeServices Chicago
Sold by Non Member
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Schools
Schools serving 2018 W Division St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Pritzker Elementary School 2009 West Schiller Street, Chicago, IL 60622 | K-8 | 0.2 mi |
Clemente Community Academy High School 1147 North Western Avenue, Chicago, IL 60622 | 9-12 | 0.4 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 2018 W Division St
Date
Details
Price
Change
Source
4/03/2023
Sold
$1,125,000
-13.45%
MLS
3/30/2022
Listed
$1,299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2018 W Division Street, Chicago, IL 60622 (MLS# 11360893) is a Commercial property that was sold at $1,125,000 on April 03, 2023. Want to learn more about 2018 W Division Street? Do you have questions about finding other Commercial 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.

