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Mixed-Use Property with Liquor Store
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2744 W Division Street, Chicago, IL 60622

Mixed-use building with a ground-floor liquor store and two large, partially renovated residential units.

Property SizeContact for details
Days on Market79

Property Features for 2744 W Division Street

General Information

Standard status Active
Property subtype Mixed Use
Zoning COMMR

Additional Details

Multifamily Units 2

Building Details

Year Built 1911
Stories 3
Units 3
Listing Agency: Baird & Warner
Listed By: Richard Mell · License #471002698
Source: Crexi
Added: Jun 3 Changed: Aug 18 Last Checked: Aug 18 at 9:03PM

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 Baird & Warner

Investment Insights

Based on property information with market context.

This mixed-use property includes a ground-floor liquor store and two oversized residential units above. The storefront space is currently occupied by a liquor store on a month-to-month lease, generating ongoing income. The residential portion consists of two vacant units that have been partially remodeled, with major capital improvements already completed.

The first-floor apartment offers 3 bedrooms and 2 bathrooms. The second-floor unit offers 4 bedrooms and 2 bathrooms. With remaining work primarily cosmetic, the residential units are positioned for continued improvements to support future leasing or owner-occupancy.

Overall, the building provides immediate commercial rental income alongside two sizable residential layouts, with renovation progress already underway on the living units.

Key Highlights

  • 1911 mixed‑use building with ground‑floor liquor store plus two oversized residential units
  • Liquor store tenant pays $3,500/month on a month‑to‑month lease
  • 3BD/2BA first‑floor apartment; partially remodeled with major capital improvements completed

Property Analytics

Current Use

Yauco Food & Liquors (Bike/Boat/Book/etc) Store UPS Access Point ... Courier Service

Suggested Use

Top Pick Nursing Home HVAC Service Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store Accounting Firm

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,054
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

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 - Mixed-use building with a ground-floor liquor store and two large, partially renovated residential units.
Where is this mixed-use property located?
The property is located at 2744 W Division Street Chicago, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 1911 mixed‑use building with ground‑floor liquor store plus two oversized residential units; Liquor store tenant pays $3,500/month on a month‑to‑month lease; 3BD/2BA first‑floor apartment; partially remodeled with major capital improvements completed
(773) 259-6976 Call to check price and availability
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