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Humboldt Park Leased Retail Property
For Sale
$475,000
Pending

3620 W Division Street, Chicago, IL 60651

Fully leased retail property with long-term tenants and parking.

Property Size5,000 SF
Lot Size0.20 Acres
Days on Market194

Property Features for 3620 W Division Street

General Information

Standard status Pending
Size 5,000 SF
Lot size 0.20 Acres
Zoning COMMR
Net Operating Income $9,989

Taxes and HOA fees

Annual Taxes $22,518

Amenities

Central Air

Building Details

Building Size 5,000 SF
Year Built 1922
Stories 1
Listing Agency: Remax 10
Listed By: Israel Fuentes · License #471009205
Source: Evrealestate
Added: Mar 5 Changed: Sep 10 Last Checked: Sep 15 at 4:20AM

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 Remax 10

Investment Insights

Based on property information with market context.

This fully leased Humboldt Park retail property, located at 3614-3620 W Division Street, comprises four contiguous storefronts. The property offers in-place income from established neighborhood retail and service users. It features approximately 5,000 square feet of street-level retail space across the four storefront units, which are currently fully occupied, with one tenant utilizing a combined double storefront. The site encompasses approximately 8,880 square feet and includes 12 private, fenced-in parking spaces in the back, providing convenience for both tenants and customers. The building features a flat roof, approximately 9'4" drop-ceiling height, and a concrete slab foundation with no basement. It is zoned B3-1. All leases are month-to-month, and tenants pay separate utilities, offering a buyer near-term flexibility and a fast closing while maintaining immediate cash flow. The property is offered as a single packaged sale. Rent roll and operating details are available upon request.

Key Highlights

  • Fully leased with established tenants providing immediate cash flow.
  • Four contiguous storefronts totaling approximately 5,000 SF.
  • 12 private, fenced‑in parking spaces for tenants and customers.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Electrical Service 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.

Location Intelligence

Trade Area within ½ mile

1,645
Businesses Nearby
27k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
12,018 visits/mo 0.4 miles
AutoZone Shops & Services
8,177 visits/mo 0.1 miles
O'Reilly Auto Parts Shops & Services
3,602 visits/mo 0.1 miles
Citgo Shops & Services
2,581 visits/mo 0.4 miles
U-Haul Shops & Services
848 visits/mo 0.3 miles

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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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Similar Off Market Nearby

  • Chicago's Wholesale Florist 4108 W Division St, Chicago, IL 60651
  • Daniela's Flowers 3824 W North Ave, Chicago, IL 60647
  • I.C Flowers & Gifts Chicago, IL 60647
  • Niko's Flower Designs 3300 W North Ave, Chicago, IL 60647

Frequently Asked Questions

What type of property is this?
Storefront property - Fully leased retail property with long-term tenants and parking.
Where is this storefront property located?
The property is located at 3620 W Division Street Chicago, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Fully leased with established tenants providing immediate cash flow.; Four contiguous storefronts totaling approximately 5,000 SF.; 12 private, fenced‑in parking spaces for tenants and customers.
More about this property
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