4217 W Division St Chicago, IL 60651

This two-story mixed-use building is located in Chicago, IL, and features C-1-1 zoning on a 25 x 125 lot. The first floor, currently under a month-to-month lease, will be vacated at closing. It features 10 ft ceilings, exposed brick walls, spiral exposed ductwork, and two bathrooms. The second floor contains a moderately updated two-bedroom apartment with a lease extending through 2026, with the potential for extension to 2027 at the buyer's discretion. This property presents a value-add opportunity suitable for investors, business owners, or those seeking a live/work space. Both the first and second floors have individually metered electrical panels with a 100 amp service and two meters, allowing each tenant to pay for their electricity. Gas is also individually metered, with two gas furnaces, one for each floor, enabling tenants to cover their heating costs. Hot water is supplied centrally by a single 40-gallon tank, which can be separated by the new owner. The property includes a basement with a 6 ft ceiling height, used for storage, and an older wooden garage structure with an overhead door, also used for storage. This property is sold in as-is condition, reflecting its pricing, and offers an investment opportunity in an area poised for expansion and future development.