Mixed-Use Building with
For Sale
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2622 W Division St, Chicago, IL 60622
Fully leased mixed-use property with apartments and a ground-floor retail storefront.
Property SizeContact for details
Days on Market121
Property Features for 2622 W Division St
General Information
Standard status
Active
Property subtype
Mixed Use, Multifamily
Occupancy
100%
Additional Details
Multifamily Units
5
Building Details
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Chicago Downtown
(312) 636-6383
Listed By:
Kyle Stengle · License #IL 475.138461
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 20 at 4:57PM
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 Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
This fully leased mixed-use investment includes four residential units and one retail storefront. The residential component is made up of two 2-bedroom/1-bath units and three 1-bedroom/1-bath units. Apartment interiors are described as featuring hardwood flooring, in-unit laundry, central heating and A/C, copper plumbing, and exposed brick.
The retail portion is leased to Sigma Surgical Supply. The business signed a brand new three-year lease that began on 7/1/2020. Per the lease agreement, Sigma Surgical Supply is set to pay 3% in annual rent increases through 7/1/2022.
The information provided describes Sigma Surgical Supply as a Medicare enrolled durable medical equipment and medical supplier in Chicago, offering products such as CPAP items and related supplies, commodes, urinals and bedpans, mobility aids, breast prostheses and accessories, and blood glucose monitors and supplies.
The retail portion is leased to Sigma Surgical Supply. The business signed a brand new three-year lease that began on 7/1/2020. Per the lease agreement, Sigma Surgical Supply is set to pay 3% in annual rent increases through 7/1/2022.
The information provided describes Sigma Surgical Supply as a Medicare enrolled durable medical equipment and medical supplier in Chicago, offering products such as CPAP items and related supplies, commodes, urinals and bedpans, mobility aids, breast prostheses and accessories, and blood glucose monitors and supplies.
Key Highlights
- Fully leased mixed‑use property in Chicago’s Humboldt Park area, with apartments plus a ground‑floor retail storefront.
- Apartment mix includes two 2‑bedroom/1‑bath units, three 1‑bedroom/1‑bath units, and hardwood flooring across the residential units.
- Residential features include in‑unit laundry, central heating & A/C, copper plumbing, and exposed brick.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,792
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
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased mixed-use property with apartments and a ground-floor retail storefront.
Where is this apartment building located?
The property is located at 2622 W Division St Chicago, IL.
What are key features of this property?
This property features: Fully leased mixed‑use property in Chicago’s Humboldt Park area, with apartments plus a ground‑floor retail storefront.; Apartment mix includes two 2‑bedroom/1‑bath units, three 1‑bedroom/1‑bath units, and hardwood flooring across the residential units.; Residential features include in‑unit laundry, central heating & A/C, copper plumbing, and exposed brick.
