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1653 W Division Street, Chicago, IL 60622

Three-unit property combining a retail space with two high-end residential units in Chicago’s Wicker Park entertainment district.

Days on Market7

Property Features for 1653 W Division Street

General Information

Standard status Active
Property subtype Mixed Use

Building Details

Year Built 2022
Buildings 1
Stories 3
Units 3
Construction steel and glass
Tenancy Multi
Listing Agency: @properties Commercial
Listed By: Ian Feinerman · License #475.124617
Source: Crexi
Added: Jul 28 Changed: Aug 3 Last Checked: Aug 3 at 5:11AM

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 @properties Commercial

Investment Insights

Based on property information with market context.

Completed in 2022, this steel-and-glass mixed-use building contains one retail space and two residential units. The retail component offers 2,400 SF, 16 Ft. ceilings, floor-to-ceiling windows, black iron readiness, and potential for a mezzanine. Each residence includes 3 bedrooms and 2 baths, along with modern cabinetry, stainless steel appliances, hardwood flooring, central HVAC, and a washer and dryer. Outdoor features include a large deck or rooftop deck with views toward the Chicago skyline.

The property is positioned in Wicker Park’s entertainment district, steps from the Division St. Blue Line L stop, a Divvy station, and bus service in six directions. The Kennedy Expressway is four blocks away. Nearby tenants include Jewel, Wendy’s, Bangers and Lace, Potbelly, Verizon, Lowe’s Hardware, Pet Supplies Plus, and Starbucks. The combined retail and residential layout supports either owner use or investment ownership.

Key Highlights

  • Three‑unit 2022 mixed‑use building with 1 retail unit and 2 residential units
  • Retail space includes 2,400 SF, 16 Ft. ceilings, floor‑to‑ceiling windows, and potential mezzanine
  • Two 3‑bedroom, 2‑bath residential units with high‑end finishes and central HVAC

Property Analytics

Current Use

9Round Kickboxing Fitness Gym & Fitness Center

Suggested Use

Top Pick Nursing Home Carpet & Flooring Store Pet Grooming Service Adult Day Care Fish Market (Bike/Boat/Book/etc) 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6,066
Businesses Nearby

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

Properties on Market for Mixed-use properties in Chicago

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-unit property combining a retail space with two high-end residential units in Chicago’s Wicker Park entertainment district.
Where is this mixed-use property located?
The property is located at 1653 W Division Street Chicago, IL.
What is the asking price?
The asking price for this property is $3,095,000.
What are key features of this property?
This property features: Three‑unit 2022 mixed‑use building with 1 retail unit and 2 residential units; Retail space includes 2,400 SF, 16 Ft. ceilings, floor‑to‑ceiling windows, and potential mezzanine; Two 3‑bedroom, 2‑bath residential units with high‑end finishes and central HVAC
(312) 506-0200 Call to check price and availability
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