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Wicker Park Connection 1653 W Division St 5,400 SF 66% Leased Retail Building Chicago, IL 60622 $3,195,000 ($591.67/SF)
Executive Summary
4-year-old New Construction steel and glass building, 3-unit building - 1 retail and 2 residential, Retail Available for use or rent at market rate, both retail and residential are perfect for an owner user or investor, Retail has 16 Ft. Ceilings, 2,400 SF of space plus potential mezzanine, floor to ceiling windows and black iron ready. Residential units are both 3-bedroom 2 bath with large deck or roof top deck with skyline view of the Chicago skyline, each unit is condo quality with high-end finishes including modern cabinetry, SS appliances, hardwood throughout, central HVAC and Washer Dryer. Sits in the heart of Wicker Parks Entertainment district. Steps to Division St. Blue Line L stop, Divvy station and bus stop in 6 directions. Kennedy Expressway is 4 blocks from this location. Area Tenants include Jewel, Wendy's, Bangers and Lace, Potbelly, Verizon, Lowes Hardware, Pet Supply Plus, Starbucks and many more
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,400 SF
Building Class
B
Year Built
2021
Price
$3,195,000
Price Per SF
$591.67
Percent Leased
66%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.07
Lot Size
0.06 AC
Zoning
B3-2 - Community shopping district. Allows for a variety of retail businesses, including shopping centers, large stores, and retail storefronts.
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Arts, Entertainment, and Recreation
- -
- -
- -
9Round began in 2008 as a kickboxing fitness concept built around a 30-minute circuit workout, and the first studio served as a testing ground for the format. The business now operates as a franchise system offering semi-private studio workouts with personal trainers, HIIT programming, and no set class times. 9Round also offers on-demand boxing and kickboxing workouts, extending the brand beyond studio-based training into a digital fitness format.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Arts, Entertainment, and Recreation | - | - | - |
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Very bikeable
80/100
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Property Taxes
| Parcel Number | 17-06-407-004-0000 | Improvements Assessment | $288,250 |
| Land Assessment | $21,750 | Total Assessment | $310,000 |
Property Taxes
Parcel Number
17-06-407-004-0000
Land Assessment
$21,750
Improvements Assessment
$288,250
Total Assessment
$310,000
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Wicker Park Connection | 1653 W Division St
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