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Mixed-Use Building with Elevator
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1510 W Division Street, Chicago, IL 60642

Newer four-story property combining twelve apartments with leased ground-floor commercial space and private outdoor areas.

Property Size13,624 SF
Lot Size0.13 Acres
Days on Market146

Property Features for 1510 W Division Street

General Information

Standard status Active
Size 13,624 SF
Net Rentable 13,624 SF
Total Parking Spaces 8
Elevators Yes
Lot size 0.13 Acres
Property subtype Multifamily, Mixed Use
Occupancy 100%

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 3 x 1BR/1BA, 3 x 3BR/2BA, 6 x 2BR/2BA
Multifamily Units 12
Office Units 1

Additional Details

Floor Ground Floor

Amenities

private outdoor space

Building Details

Year Built 2016
Buildings 1
Stories 4
Building Size 13,624 SF
Construction brick
Tenancy Multi
Listing Agency: Greenstone Partners
Listed By: Danny Spitz
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 5:54AM

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 Greenstone Partners

Investment Insights

Based on property information with market context.

Completed in 2016, this four-story mixed-use building contains approximately 13,624 SF of rentable area on approximately 5,447 SF of land. The elevator-served property includes 12 apartments across floors 2 through 4, with a mix of one-, two-, and three-bedroom layouts. Residential features include private outdoor space, while eight parking spaces serve the property. The ground-level commercial component has 12-foot ceilings and approximately 40 feet of frontage along the sidewalk. Fairway Independent Mortgage Corporation occupies the commercial space under a corporately guaranteed lease, and the property is reported as 100% leased.

The building is located at 1510 W. Division Street in Chicago’s Bucktown / Wicker Park area, approximately two miles northwest of the CBD. Public train and bus service is approximately 300 feet away. The property is near Wicker Park Commons, anchored by Jewel-Osco and Lowe’s, with additional nearby retailers and services including Starbucks, CVS Pharmacy, BMO Harris Bank, and The Robey hotel.

Key Highlights

  • 2016 construction with approximately 13,624 SF of rentable building area
  • 12 apartments with one-, two-, and three‑bedroom unit configurations
  • Apartment mix: three 1‑bedroom/1‑bath, six 2‑bedroom/2‑bath, and three 3‑bedroom/2‑bath units

Property Analytics

Current Use

NNM Montessori Studio Charitable Organization 1510 W Division ... Apartment Building

Suggested Use

Top Pick Nursing Home Tanning Salon Adult Day Care Fish Market Clothing & Fashion Store Butcher

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

1
Office units
12
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,432
Businesses Nearby

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 Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Newer four-story property combining twelve apartments with leased ground-floor commercial space and private outdoor areas.
Where is this mixed-use property located?
The property is located at 1510 W Division Street Chicago, IL.
What are key features of this property?
This property features: 2016 construction with approximately 13,624 SF of rentable building area; 12 apartments with one-, two-, and three‑bedroom unit configurations; Apartment mix: three 1‑bedroom/1‑bath, six 2‑bedroom/2‑bath, and three 3‑bedroom/2‑bath units
(312) 234-0360 Call to check price and availability
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