Unique Space in Polish
For Lease
$40 SF/Yr
1551 W Division St, Chicago, IL 60642
2,800 SF space in high-visibility location near public transportation.
Space SizeContact for details
Days on Market200
Property Features for 1551 W Division St
General Information
Standard status
Active
Building Details
Year Built
1878
Listing Agency:
Strauss Realty Ltd
Listed By:
Craig Wolf · License #475163046
(773) 736-3600
Source:
Bktchicago
Added: Mar 26
Changed: Sep 11
Last Checked: Oct 7 at 4:25PM
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 Strauss Realty Ltd
Investment Insights
Based on property information with market context.
This 2,800 SF space is located in a clear-span building featuring a 22.5' high ceiling without columns or pillars. The property, formerly a bar/nightclub, offers visibility from three streets in the Polish Triangle. Division CTA Blue line and bus stops are located across the street. Vehicle traffic counts are 15,400 VPD on Division Street, 23,400 VPD on Ashland Avenue, and 12,100 VPD on Milwaukee Avenue. An I-90/94 ramp is located two blocks away. The surrounding area includes bars, restaurants, and retailers such as Target, Popeyes, Wendy's, Foot Locker, Fifth Third Bank, PNC Bank and Verizon. This location is suitable for night clubs, sports and entertainment, and retail use.
Key Highlights
- High Visibility Location: Situated at the Polish Triangle, offering tremendous visibility from three streets.
- Unique clear‑span building: Features a 2,800 SF space with a 22.5' high ceiling and no columns.
- Benefits from high traffic volume on surrounding streets.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,432
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Blood Cross — 1516 W Ohio St, Chicago, IL 60642
- Irish Nobleman Pub — 1367 W Erie St, Chicago, IL 60642
- The Dandy Crown — 694 N Milwaukee Ave, Chicago, IL 60642
- Starbucks — 2021 W Chicago Ave, Chicago, IL 60622
- Kizmah CBD — 2044 W Chicago Ave Store, Chicago, IL 60622
Frequently Asked Questions
What type of property is this?
Night club - 2,800 SF space in high-visibility location near public transportation.
Where is this night club located?
The property is located at 1551 W Division St Chicago, IL.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: High Visibility Location: Situated at the Polish Triangle, offering tremendous visibility from three streets.; Unique clear‑span building: Features a 2,800 SF space with a 22.5' high ceiling and no columns.; Benefits from high traffic volume on surrounding streets.
