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    5645 W Division St Chicago, IL 60651

    Under Contract
    For Sale
    $349,000

    Mixed Use - Chicago, IL

    Type:Mixed Use
    Days on Market:
    22
    Last Refresh:
    Dec 5 at 11:06 pm

    Property Features for 5645 W Division St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active Under Contract
    Zoning
    COMMR
    APN
    16054060050000

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1927
    Number of units
    2
    Flooring type
    Wood
    Architectural style
    Other

    Dream Town Realty (312) 265-8000 [email protected]

    Listing agent Sebastian Hernandez (312) 265-8000 License #471018054

    Listing date Nov 14, 2025

    MLS# 12501762 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Mixed-Use Building in Austin

    This updated mixed-use building is located in Chicago, IL. The first-floor commercial unit features an open layout with hardwood floors, a full bath, and a kitchen area, making it suitable for retail, medical, or office use. The second-floor apartment includes 3 bedrooms, 1 bath, hardwood floors, and a modern kitchen equipped with white cabinetry, stainless steel appliances, and granite countertops. A bonus room provides additional space for an office or play area, and a bright enclosed porch is suitable for dining. The property also features a full unfinished basement for storage. A newly poured concrete driveway offers ample parking. Both units have separate utilities and central A/C. The property is conveniently located near public transportation. It is zoned COMMR and located in Cook County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.767419
    Latitude
    41.9019389

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    FAQs

    What type of property is this?
    Mixed-use property - Updated mixed-use property with commercial space and residential unit.
    Where is this mixed-use property located?
    The property is located at 5645 W Division St Chicago, IL.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: - Renovated in 2024: Enjoy modern updates throughout.; - Mixed-Use: Features a commercial unit on the first floor and a 3-bedroom apartment on the second floor.; - Separate Utilities: Benefit from independent utility systems for each unit.
    (312) 265-8000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5645 W Division St Chicago, IL 60651
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