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Property Description
SVN Chicago Commercial is pleased to offer 511 W. Division for LEASE. Located at the southwest corner of Division Street and Cleveland Avenue, the subject is a ground-floor commercial condominium that is part of the Mixed-Use Planned Development called Parkside of Old Town. It is ideally situated within a block of Target, Jewel, Chase, and near the New City development, which includes Mariano's and Dick's Sporting Goods. Ownership is seeking Medical Office, Office, and Event Space tenants for the 1,250 SF ground floor space that also has a newly created mezzanine of an additional 650 SF. It features an expansive 20' entryway, 10.5' ceilings on the ground floor, an abundance of natural light throughout, and recently completed bathroom, mechanicals, and polished floor. Division Street in front of the subject has open parking, which is ideal for customers. A waitlist for indoor garage parking is also available. The space is well served by bus, public transportation, and an interstate highway.
Full Property Details
Full Property Details for 511 W Division St
General
- Price: $21
- Taxes: $16,000 (2023)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 10821520
- Updated: 12/15/2025
- Added to Site: 1, 980 day(s) ago
Interior
- Flooring: Concrete
Additional Information
- Security/Safety: Other
Location
- Area: CHI - Near North Side
- County: Cook
- Township: North Chicago
- Driving Directions: Interstate 90/94 to Division Street (1200 North), Division east to Subject
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Ceiling Height: 11
- Sub-Flooring: Concrete
- Stories/Levels: 7
- Year Built: 2008
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Zoning: RTAIL
Financial Considerations
- Lease Price: $21
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Other
- Assessment Year: 2008
- Tax Amount: $16,000
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Scavenger, Sewer, Other, Varies by Tenant
Listed by Sperry Van Ness
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Schools
Schools serving 511 W Division St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ogden Elementary School 24 West Walton Street, Chicago, IL 60610 | K-8 | 0.7 mi |
Lincoln Park High School, Chicago, IL 2001 North Orchard Street, Chicago, IL 60614 | 9-12 | 1.1 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 511 W Division St
Date
Details
Price
Change
Source
2/06/2025
Price Reduced
$21
-12.5%
MLS
8/17/2020
Listed
$24
—
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 511 W Division St
511 W Division Street, Chicago, IL 60610 (MLS# 10821520) is a Commercial Lease property. 511 W Division Street is currently listed for $21 and was received on August 17, 2020. Want to learn more about 511 W Division Street? Do you have questions about finding other Commercial Lease real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.

