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    201 W Division St Chicago, IL 60610

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    For Lease
    Contact for pricing

    Retail space for lease in a high-traffic Old Town location.

    Property size:
    2,544 SF
    Lot size:
    1.47 Acres

    Property Features for 201 W Division St

    General Information

    Size
    2,544 SF
    Lot size
    1.47 Acres

    Source: CBRE | Chicago Agent Danny Jacobson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Retail Space in Development

    New construction retail space is available for lease at the base of a 428-unit residential development. This development, known as Old Town Park, features over 1,500 residential units on site. Located along the heavily trafficked Wells corridor, the property is situated in the heart of the Old Town neighborhood, specifically at the northwest corner of Wells and Hill. The location provides convenient access to other north side neighborhoods, including Gold Coast, River North, Old Town, River West, Wicker Park, and Bucktown. Neighboring retailers include Jewel-Osco, Target, Mariano’s, Plum Market, SoulCycle, Starbucks, Panera, Dick’s Sporting Goods, Happy Camper, Row House, and AT&T. The space is suitable for restaurants, fitness centers, service users, medical facilities, and a variety of other retail tenants. There are two retail spaces remaining; one in phase 2 and one in phase 3. The property offers a total area of 2544 square feet.
    Location Intelligence

    Current Use by Public Records

    ALDI Supermarket

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.635181
    Latitude
    41.903327

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    FAQs

    What type of property is this?
    Retail space - Retail space for lease in a high-traffic Old Town location.
    Where is this retail space located?
    The property is located at 201 W Division St Chicago, IL.
    What are key features of this property?
    This property features: - Located in the heart of the Old Town neighborhood at the high-traffic Wells & Hill corner.; - New construction retail space at the base of a 428-unit residential development.; - Part of the Old Town Park development with over 1,500 residential units on site.
    (312) 935-1901
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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
    201 W Division St Chicago, IL 60610
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