Restaurant Storefront Condo
For Sale
Contact for pricing
Pending
2121 W Division St, Chicago, IL 60622
1,900-SF ground-level restaurant storefront in a multi-unit residential condo building, currently under a triple-net lease.
Property Size1,900 SF
Days on Market142
Property Features for 2121 W Division St
General Information
Standard status
Pending
Size
1,900 SF
Property subtype
Retail
Site & Location
Traffic Count
16,600 vehicles/day
Highway Access
Yes
Listing Agency:
Commercial Real Estate Resources
Listed By:
Victor Cornelio · License #IL 475.159421
Source:
Crexi
Added: Apr 11
Changed: Aug 27
Last Checked: Aug 29 at 7:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Real Estate Resources
Investment Insights
Based on property information with market context.
Firenze Italian Street Food is a restaurant storefront condo unit offered for sale within a multi-unit residential condo building. The space totals 1,900 SF and is currently leased to an experienced restaurant operator under a triple-net lease structure with the tenant reimbursing a pro-rata share of operating expenses. The tenant pays utilities directly and has over four years remaining on the initial lease term, with two additional five-year options and annual rent increases.
The property is positioned mid-block on West Division Street, three miles northwest of Downtown Chicago and two blocks west of North Damen Avenue. It is described as easily accessible via Interstate 90/94 and CTA Bus (Route 70) and CTA Train (Blue Line).
As a ground-level unit within the residential building, the storefront is presented with visibility to traffic on Division Street, supported by the included reference to 16,600 vehicles driving the corridor daily.
The property is positioned mid-block on West Division Street, three miles northwest of Downtown Chicago and two blocks west of North Damen Avenue. It is described as easily accessible via Interstate 90/94 and CTA Bus (Route 70) and CTA Train (Blue Line).
As a ground-level unit within the residential building, the storefront is presented with visibility to traffic on Division Street, supported by the included reference to 16,600 vehicles driving the corridor daily.
Key Highlights
- 1,900‑SF ground‑level restaurant storefront in a multi‑unit residential condo building
- Currently leased under a triple‑net lease with tenant reimbursing pro‑rata operating expenses
- Tenant pays utilities directly and has 4+ years remaining on the initial lease term plus two five‑year options
Property Analytics
Property Profile
Current Use
Lease Details
16,600 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,215
Businesses Nearby
35k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 35%
PNC Bank
Shops & Services
5,186 visits/mo
0.5 miles
Shell
Shops & Services
4,751 visits/mo
0.3 miles
Fifth Third Bank & ATM
Shops & Services
4,649 visits/mo
0.5 miles
Yolk
Dining
3,984 visits/mo
0.5 miles
BP
Shops & Services
3,743 visits/mo
0.4 miles
Demographics for 60622, IL
55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - 1,900-SF ground-level restaurant storefront in a multi-unit residential condo building, currently under a triple-net lease.
Where is this conventional restaurant located?
The property is located at 2121 W Division St Chicago, IL.
What are key features of this property?
This property features: 1,900‑SF ground‑level restaurant storefront in a multi‑unit residential condo building; Currently leased under a triple‑net lease with tenant reimbursing pro‑rata operating expenses; Tenant pays utilities directly and has 4+ years remaining on the initial lease term plus two five‑year options
