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3614-3620 W Division St 2,500 SF Retail Condo Units Offered at $499,000 Per Unit in Chicago, IL 60651
Investment Highlights
- Four contiguous storefronts totaling approximately 8,880 SF in Humboldt Park.
- All tenants on month-to-month leases, providing flexibility for future plans.
- Features include flat roof, concrete slab foundation, and approximately 9’4” ceiling height.
- Includes 12 private fenced parking spaces for tenant and customer use.
- Located in a central business district with public transit access and high traffic visibility.
- Tenants pay separate utilities, reducing operating costs for ownership.
Property Facts
| Total Building Size | 5,000 SF | Typical Floor Size | 5,000 SF |
| Property Type | Retail | Year Built | 1922 |
| Property Subtype | Storefront | Lot Size | 0.20 AC |
| Building Class | C | Parking Ratio | 2/1,000 SF |
| Floors | 1 | ||
| Zoning | B3-1 - Community Shopping District | Shopping centers, large stores, and retail storefronts, often along major streets. Apartments permitted above the ground | ||
| Total Building Size | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 5,000 SF |
| Year Built | 1922 |
| Lot Size | 0.20 AC |
| Parking Ratio | 2/1,000 SF |
| Zoning | B3-1 - Community Shopping District | Shopping centers, large stores, and retail storefronts, often along major streets. Apartments permitted above the ground |
Amenities
- Bus Line
- Signalized Intersection
2 Units Available
Unit 3614
| Unit Size | 2,500 SF | Condo Use | Retail |
| Price | $499,000 | Sale Type | Investment |
| Price Per SF | $199.60 |
| Unit Size | 2,500 SF |
| Price | $499,000 |
| Price Per SF | $199.60 |
| Condo Use | Retail |
| Sale Type | Investment |
Description
This fully leased retail property in Chicago’s Humboldt Park neighborhood offers a rare opportunity to acquire a stabilized asset with in-place income and long-term upside. The property consists of approximately 8,880 SF of street-level retail space across four contiguous storefronts, currently occupied by established neighborhood tenants. Each unit features a flat roof, approximately 9’4” ceiling height, and a concrete slab foundation. The property includes 12 private fenced parking spaces in the rear, supporting both tenant operations and customer convenience.
Located in a central business district with mixed-use zoning (B3-1), the site benefits from strong visibility along Division Street and proximity to major transit routes. All leases are month-to-month, providing flexibility for future repositioning or redevelopment. Tenants pay separate utilities, reducing ownership expenses. Offered as a single package, this property is well-suited for investors seeking stable cash flow with potential for value-add strategies.
Unit 3620
| Unit Size | 2,500 SF | Condo Use | Retail |
| Price | $499,000 | Sale Type | Investment |
| Price Per SF | $199.60 |
| Unit Size | 2,500 SF |
| Price | $499,000 |
| Price Per SF | $199.60 |
| Condo Use | Retail |
| Sale Type | Investment |
Description
This fully leased retail property in Chicago’s Humboldt Park neighborhood offers a rare opportunity to acquire a stabilized asset with in-place income and long-term upside. The property consists of approximately 8,880 SF of street-level retail space across four contiguous storefronts, currently occupied by established neighborhood tenants. Each unit features a flat roof, approximately 9’4” ceiling height, and a concrete slab foundation. The property includes 12 private fenced parking spaces in the rear, supporting both tenant operations and customer convenience.
Located in a central business district with mixed-use zoning (B3-1), the site benefits from strong visibility along Division Street and proximity to major transit routes. All leases are month-to-month, providing flexibility for future repositioning or redevelopment. Tenants pay separate utilities, reducing ownership expenses. Offered as a single package, this property is well-suited for investors seeking stable cash flow with potential for value-add strategies.
Nearby Major Retailers
Presented by
3614-3620 W Division St
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