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$549,000
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Property Description
PRICE REDUCED! OWNERS MAY OFFER ADDITIONAL REDUCED PRICING FOR A QUALIFIED 501(C)(3). Bring your ideas to this blank canvas. This open space could be used as retail, office, shared work, etc. Located on the SW corner of Division and Leclaire Ave, with approximately 11,700 VPD passing by on Division St. (IDOT). Division St. is one of the main East-West surface streets on the north side of Chicago. 3 blocks east of the busy North-South commercial artery of Cicero Ave (26,800 VPD, and 2 blocks east of N-S Laramie Ave (16,400 VPD). also 2 blocks south of beautiful LaFollette Park in the center of the bustling North Austin neighborhood. This former dollar store has approximately 9,000 s.f. of mostly open span space. The front (north) section of this former store has approximately 3,000 s.f. of open space with very large front facing windows on Division St. This area has a drop-panel ceiling with just under 9' of ceiling height and a flat roof on top of that. The larger rear (south) section of the store has 4,430 s.f. of open space with the same panel-drop ceiling, but also has a bow truss roof hidden above the panels. This area has just over 9' of ceiling height, but this space could be opened up to dramatic effect by exposing the bow truss roof. These 2 areas are separated only by 4 support posts spaced approximately 13 - 15 ft apart from each other. There is a 3rd area in the far south area of the building separated from the other 2 areas by access doors. This area is approximately 1,100 s.f., measuring roughly 12' x 90', and houses the breaker boxes, 2 bathrooms, and storage area, with a delivery door facing N. Leclaire Ave. The owners have made over $144k of Capital Improvements in the past few years, including roof and masonry repairs.
Full Property Details
Full Property Details for 5101 W Division St
General
- Price: $549,000
- Taxes: $27,361 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12483642
- Updated: 12/15/2025
- Added to Site: 109 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: CHI - Austin
- County: Cook
- Driving Directions: North or South on Cicero Ave to Division (2800 N.), West on Division to 5101.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Ceiling Units
Structural Information
- Drive-In Doors: 1
- Stories/Levels: 1
- Square Feet: 9,000
- Year Built: 1961
Lot Features
- Lot Size (Sq. Ft.): 9,272
- Lot Dimensions: 92.5 x 100
- Zoning: COMMR
Financial Considerations
- Lease Price: $8
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1961
- Tax Amount: $27,361
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Varies by Tenant
Disclosures and Reports
- Property ID: 16044010400000
Listed by Pearson Realty Group
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Schools
Schools serving 5101 W Division St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
McNair School of Excellence 4820 West Walton Street, Chicago, IL 60651 | PK-8 | 0.4 mi |
Orr Academy High School 730 North Pulaski Road, Chicago, IL 60624 | 9-12 | 1.5 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 5101 W Division St
Date
Details
Price
Change
Source
12/09/2025
Price Reduced
$549,000
-8.35%
MLS
9/29/2025
Listed
$599,000
-25.12%
MLS
12/19/2017
Sold
$800,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5101 W Division St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$27,361
-16%
$129,680
-18%
2022
$32,496
2%
$157,990
—
2021
$31,770
4%
$157,990
15%
2020
$30,670
11%
$137,677
—
2019
$27,661
2%
$137,677
—
2018
$27,196
1%
$137,677
10%
2017
$26,907
7%
$124,990
—
2016
$25,034
9%
$124,990
—
2015
$22,904
1%
$124,990
2%
2014
$22,634
2%
$121,993
—
2013
$22,187
1%
$121,993
—
2012
$21,891
—
$121,993
—
Disclaimer: Historical tax 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 5101 W Division St
5101 W Division Street, Chicago, IL 60651 (MLS# 12483642) is a Commercial property. 5101 W Division Street is currently listed for $549,000 and was received on September 29, 2025. Want to learn more about 5101 W Division Street? Do you have questions about finding other Commercial real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

