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    2127 W Division St Chicago, IL 60642

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    For Lease
    $48 SF/Yr ($11,200 /Mo)

    2,800 SF retail space with existing restaurant buildout.

    Property size:
    2,800 SF
    Lot size:
    0.08 Acres

    Property Features for 2127 W Division St

    General Information

    Size
    2,800 SF
    Lot size
    0.08 Acres

    Source: CRE Advising Agent Steve Horvath

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

    Overview

    Wicker Park Retail Space Available

    This 2,800 square foot retail space is available for lease in a Wicker Park location. The space features an existing restaurant buildout and was formerly occupied by Kanela Breakfast Club. It includes existing black iron ventilation and F,F & E. The location benefits from a wide sidewalk suitable for outdoor seating, and signage opportunities are available. Situated on a busy section of Division Street within the Wicker Park restaurant corridor, the property experiences high foot and vehicle traffic and is near nightlife and retail options.
    Insight Report Location Intelligence

    Current Use by Public Records

    ParkChicago #299309 Public Parking Space Salas Sellers Spring Supplier

    Suggested Use

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

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

    Similar Places Nearby

    Bires & Friedler Catering, Hospitality 201

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.680843
    Latitude
    41.902837

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    FAQs

    What type of property is this?
    Restaurant - 2,800 SF retail space with existing restaurant buildout.
    Where is this restaurant located?
    The property is located at 2127 W Division St Chicago, IL.
    What is the lease rate?
    The lease rate is $48 SF/Yr.
    What are key features of this property?
    This property features: - Prime Wicker Park location on busy Division Street with high foot and vehicle traffic.; - Existing restaurant buildout, including black iron ventilation and F,F & E in place.; - **2,800 square foot retail space.**
    (312) 448-6401
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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
    2127 W Division St Chicago, IL 60642
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