4217 W Division St Chicago, IL 60651

This two-story mixed-use building is located in Chicago, IL. It features C-1-1 zoning and is situated on a 25 x 125 lot. The first floor, currently under a month-to-month lease, will be vacated upon closing. The second floor contains a moderately updated two-bedroom apartment with a lease extending through 2027. The main level has 10 ft ceilings, exposed brick walls, exposed spiral ductwork, and two bathrooms. The upstairs has also been moderately updated. The property offers a value-add opportunity suitable for an investor, business owner, or live/work arrangement. 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 manage their own heating costs. Hot water is supplied by a central 40-gallon tank for the entire building, which can be separated by the new owner. The property includes a basement with a 6 ft ceiling height, used for storage. An older wooden garage structure with an overhead door is also present, currently used for storage. The building is sold in as-is condition, and the pricing reflects this. The property is located in an area with potential for expansion and future development.