Building Details

Year Built 1985

Stories 2

Units 1

Listing Agency: Fulton Grace Realty m***@fultongrace.com Show Phone

Listed By: Matthew Johnston · License #475199716 Show Phone

Source: Exit2newbeginningz

Added: Nov 5, 2024 Changed: Aug 7 Last Checked: Aug 13 at 1:09PM

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Investment Insights

Based on property information with market context.

This second-floor commercial space is located within a commercial building constructed in 1985. The property occupies a Chicago location on West Division Street and is offered for rent.

Public transportation access serves the surrounding area, providing an established transit connection for the property.

Key Highlights

• Second‑floor commercial space
• Located at 2423 W Division Street #2 in Chicago, IL 60622
• Public transportation access

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Locksmith Butcher Pet Grooming Service Catering Service

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

NNN (Triple Net)

Lease Type

$1.20 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

4,368

Businesses Nearby

Explore this area Business Placement

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

$25.66 /SF/Yr

Avg Asking Price

$8–$120 /SF/Yr

Price Range

6,990 SF

Avg Space Size

This space is priced 69% below the average of $25.66 /SF/Yr.

Questions? Ask Rey

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What type of property is this? Where is this specialty properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Specialty property - Commercial space on Division Street with public transportation access in Chicago.

Where is this specialty property located?

The property is located at 2423 W Division Street #2 Chicago, IL.

What is the lease rate?

The lease rate is $8 SF/Yr.

What are key features of this property?

This property features: Second‑floor commercial space; Located at 2423 W Division Street #2 in Chicago, IL 60622; Public transportation access