Restaurant Storefront Condo
2121 W Division St Chicago, IL 60622
For Sale
Contact for pricing
Pending
1,900-SF ground-level restaurant storefront in a multi-unit residential condo building, currently under a triple-net lease.
Property Size1,900 SF
Days on Market105
Property Features for 2121 W Division St
General Information
- Standard status
- Pending
- Size
- 1,900 SF
- Property subtype
- Retail
Listing Agency:
Commercial Real Estate Resources
Listed By:
Victor Cornelio · License #IL 475.159421
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 6:58AM
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 Commercial Real Estate Resources
Investment Insights
Based on property information with market context.
Firenze Italian Street Food is a restaurant storefront condo unit offered for sale within a multi-unit residential condo building. The space totals 1,900 SF and is currently leased to an experienced restaurant operator under a triple-net lease structure with the tenant reimbursing a pro-rata share of operating expenses. The tenant pays utilities directly and has over four years remaining on the initial lease term, with two additional five-year options and annual rent increases.
The property is positioned mid-block on West Division Street, three miles northwest of Downtown Chicago and two blocks west of North Damen Avenue. It is described as easily accessible via Interstate 90/94 and CTA Bus (Route 70) and CTA Train (Blue Line).
As a ground-level unit within the residential building, the storefront is presented with visibility to traffic on Division Street, supported by the included reference to 16,600 vehicles driving the corridor daily.
The property is positioned mid-block on West Division Street, three miles northwest of Downtown Chicago and two blocks west of North Damen Avenue. It is described as easily accessible via Interstate 90/94 and CTA Bus (Route 70) and CTA Train (Blue Line).
As a ground-level unit within the residential building, the storefront is presented with visibility to traffic on Division Street, supported by the included reference to 16,600 vehicles driving the corridor daily.
Key Highlights
- 1,900‑SF ground‑level restaurant storefront in a multi‑unit residential condo building
- Currently leased under a triple‑net lease with tenant reimbursing pro‑rata operating expenses
- Tenant pays utilities directly and has 4+ years remaining on the initial lease term plus two five‑year options
Property Analytics
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FAQs
What type of property is this?
Conventional restaurant - 1,900-SF ground-level restaurant storefront in a multi-unit residential condo building, currently under a triple-net lease.
Where is this conventional restaurant located?
The property is located at 2121 W Division St Chicago, IL.
What are key features of this property?
This property features: 1,900‑SF ground‑level restaurant storefront in a multi‑unit residential condo building; Currently leased under a triple‑net lease with tenant reimbursing pro‑rata operating expenses; Tenant pays utilities directly and has 4+ years remaining on the initial lease term plus two five‑year options
