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5101 W Division St 9,000 SF Retail Building Chicago, IL 60651 $549,000 ($61/SF)

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EXECUTIVE SUMMARY

END OF THE YEAR SPECIAL! PRICE REDUCED! Price drop for former Dollar Tree store ready to be utilized by the alert and savvy investor who recognizes a deal. SELLERS MAY ALSO OFFER ADDITIONAL REDUCED PRICING FOR A QUALIFIED 501(C)(3). Approximately 9,000 sf of open space, with large windows facing 92’ of frontage on Division St. Located approximately half way between Laramie Ave on the west (with 12,700 VPD) and Cicero Ave on the east (with 26,800 VPD). Conveniently located on the SW corner of Division St. and LeClaire Ave at a 4 way stop sign intersection. Approximately 12,000 VPD pass directly by this location. There are 2 CTA bus stops directly in front of this property, with the #70 bus serving passengers travelling both east and west. The #70 bus connects easily to the #54 bus on the north-south Cicero Ave route, and the #57 bus on the north-south Laramie Ave route. Although currently obscured by a dropped ceiling, there are actually two separate ceiling heights, with the south roof hiding a large span, bow truss roof. The bow truss roof covers an interior floor area measuring 90’ (E to W), and 48’ (N to S), and would make for a very striking interior space if opened up. The flat roof covers an interior floor area measuring approximately 90’ (E to W) and 34’ (N to S). These two areas combine to form one large area measuring approximately approximately 7,600 sf. There is also a smaller interior space in the rear of the building measuring approximately 90’ (E to W) by 13’ (N to S). This area has 2 bathrooms, the electrical equipment, and room for storage. This property would be perfect for another retail location, restaurant, day care, offices, or any number of other uses.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
9,000 SF
Building Class
C
Year Built
1960
Price
$549,000
Price Per SF
$61
Tenancy
Single
Building Height
1 Story
Building FAR
0.98
Lot Size
0.21 AC
Zoning
B3-1 - Community Shopping District
Frontage
112’ on N Leclaire Ave

AMENITIES

  • Bus Line
  • Corner Lot

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 9,000 SF
  • Industrial
  • -
  • Now

This is a corner property that is available immediately.

Space Size Space Use Position Available
1st Floor 9,000 SF Industrial - Now

1st Floor

Size
9,000 SF
Space Use
Industrial
Position
-
Available
Now

1st Floor

Size 9,000 SF
Space Use Industrial
Position -
Available Now

This is a corner property that is available immediately.

Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Food 4 Less
Planet Fitness
Starbucks
BMO
The YMCA
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-04-401-040-0000
Land Assessment
$30,134
Improvements Assessment
$106,870
Total Assessment
$137,004
  • Listing ID: 34977524

  • Date on Market: 9/6/2023

  • Last Updated:

  • Address: 5101 W Division St, Chicago, IL 60651

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