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Updated Retail Space with Exposed Brick
For Lease
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1947-49 W Division Street, Chicago, IL 60622

Lease opportunity in a brick building with upgraded HVAC, new windows, and a washroom.

Space Size3,000 SF
Property Size6,000 SF
Days on Market44

Property Features for 1947-49 W Division Street

General Information

Standard status Active
Size 3,000 SF
Net Rentable 3,000 SF
Property subtype Retail

Space & Availability

Available Space 3,000 SF
Contiguous Space 3,000 SF

Site & Location

Highway Access Yes
Road Access Yes

Amenities

high ceilings
exposed brick
new windows
new HVAC
washroom

Building Details

Building Size 6,000 SF
Tenancy Single
Construction brick

Spaces For Lease

at 1947-49 W Division Street Contact us

Available Space

Size
3,000 SF
Type
Retail
Lease Type
Net
Availability
Active
Contact us
Listing Agency: Millennium Properties R/E
Listed By: Susan Silver · License #IL 475136992
Source: Crexi
Added: Jul 20 Changed: Aug 29 Last Checked: Sep 1 at 11:17AM

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 Millennium Properties R/E

Investment Insights

Based on property information with market context.

This retail space offers 3,000 square feet within a 6,000-square-foot former grocery store. Recent improvements include new windows, HVAC, and a washroom. The brick building features high ceilings and exposed brick, providing a distinct interior character for a commercial storefront setting.

The property fronts Division Street in Chicago’s Wicker Park neighborhood, approximately five miles northwest of downtown Chicago. Public transportation, major thoroughfares, and expressways provide access to the surrounding area. Division Street and nearby neighborhood corridors host seasonal festivals and community-oriented activity.

Key Highlights

  • 3,000 square feet available within a 6,000‑square‑foot former grocery store
  • Recently updated with new windows, HVAC, and a washroom
  • Brick construction with high ceilings and exposed brick

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Fish Market Carpet & Flooring 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
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,066
Businesses Nearby
326k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 53% Groceries 20% Home Improvements & Furnishings 10% Apparel 9%
Jewel-Osco Groceries
65,395 visits/mo 0.4 miles
McDonald's Dining
38,181 visits/mo 0.5 miles
Lowe's Home Improvements & Furnishings
31,134 visits/mo 0.5 miles
Wendy's Dining
29,664 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
11,777 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

Lease Benchmarks for Chicago, IL

$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 SF
Avg Space Size

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 - Lease opportunity in a brick building with upgraded HVAC, new windows, and a washroom.
Where is this retail space located?
The property is located at 1947-49 W Division Street Chicago, IL.
What are key features of this property?
This property features: 3,000 square feet available within a 6,000‑square‑foot former grocery store; Recently updated with new windows, HVAC, and a washroom; Brick construction with high ceilings and exposed brick
(312) 338-3000 Call to check price and availability
More about this property
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