Listing Agency: Chicago Real Estate Resources Inc s***@crer.com Show Phone

Listed By: Steven Rapoport, CCIM · License #IL 471006648

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 4:22AM

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Investment Insights

Based on property information with market context.

This offering includes a mixed-use building alongside an adjacent vacant parcel of land, and both must be purchased together under a separate PIN. The vacant land totals 2,400 square feet and can be used as outdoor space for the retail portion or developed in the future. The mixed-use building presents an opportunity for renovation to increase income.

The property is located on W Division St in Chicago’s West Town area. Access is supported by a nearby Blue Line stop within a short walk, and I-94 is reachable with an entrance/exit ramp about one block away. The site is also on the same block as Near North Montessori Private School and Holy Trinity Private High School.

Ownership is structured to include both parcels as part of the same transaction, with the adjacent land providing flexibility for retail-oriented outdoor use or future development.

Key Highlights

• Mixed‑use building at 1418 Division offered for sale with an adjacent 2,400 SF vacant parcel of land (separate PIN), sold together
• Adjacent 2,400 SF land can be developed or used as outdoor space for the retail portion of the property
• Division Blue Line is about a 5‑minute walk from the front door

Property Analytics

Current Use

TRAP HOUSE CHICAGO, ... Clothing Store Trap House Chicago Clothing Store Harlequin Vintage Chicago Home Decor Store Junt's Ravioli Emporium Restaurant

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Fish Market Tanning Salon Adult Day Care Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

4,402

Businesses Nearby

190k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 35% Groceries 34% Home Improvements & Furnishings 16% Shops & Services 13%

Jewel-Osco Groceries

65,395 visits/mo 0.5 miles

Lowe's Home Improvements & Furnishings

31,134 visits/mo 0.4 miles

Wendy's Dining

29,664 visits/mo 0.3 miles

BP Shops & Services

13,250 visits/mo 0.1 miles

Popeyes Louisiana Kitchen Dining

11,777 visits/mo 0.3 miles

Demographics for 60642, IL

21,687

Population

12,144

Households

1.8

Avg Household Size

33

Median Age

78%

College-Educated

97%

High-School Grad

1.7 sq mi

ZIP Area

12,757

Density / Sq Mi

$141,179

Median Household Income

$90,885

Median Earnings

$2,216

Median Rent

$604,200

Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019

9.2% 2020

8.8% 2021

8.1% 2022

7% 2023

6.6% 2024

7.4% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Mixed-use building sale includes an adjacent vacant parcel with a separate PIN, sold together.

Where is this retail space located?

The property is located at 1418 W Division St Chicago, IL.

What are key features of this property?

This property features: Mixed‑use building at 1418 Division offered for sale with an adjacent 2,400 SF vacant parcel of land (separate PIN), sold together; Adjacent 2,400 SF land can be developed or used as outdoor space for the retail portion of the property; Division Blue Line is about a 5‑minute walk from the front door