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Mixed-Use Property with Oversized Garage
New
For Sale
$515,000

4229 W Division Street, Chicago, IL 60651

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market3

Property Features for 4229 W Division Street

General Information

Property type Commercial Sale
Property subtype Other
Directions NE of W Augusta Blvd and N Kostner Ave and SE of W Division St and N Kildare Ave
Subdivision CHI - Humboldt Park
Standard status Active
APN 16034010100000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4582

Utilities

Cooling system Window Unit(s)

Amenities

central heat
security camera system

Building Details

Year built 1927
Floors in Building 3
Number of units 2
Listing Agency: Keller Williams Premiere Properties · Keller Williams Realty
Listed By: Ingrid Hernandez
Added: Sep 11 Changed: Sep 12 Last Checked: Sep 13 at 8:06AM
MLS# 12734954

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use building, constructed in 1927, combines two 2-bedroom, 1-bath apartments with a 380-square-foot storefront and a finished garden apartment featuring 2 bedrooms and 1.5 bathrooms. An oversized 2-car garage provides 13-foot ceilings, gas, water, and a dedicated electrical panel. The property has central heat, window-unit cooling, and separate utilities for each apartment.

Recent work includes tuckpointing, a new sewer stack, a 2024 garage door, new gates, a new front door, and a new security camera system. Zoned C1-1, the property is near public transportation, the 606 Trail, and neighborhood amenities. The garage configuration supports storage, workshop, or business-related use, subject to applicable requirements.

Key Highlights

  • Two 2‑bedroom, 1‑bath apartments
  • 380‑square‑foot storefront
  • Finished garden apartment with 2 bedrooms and 1.5 bathrooms

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture Gym & Fitness Center

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

3
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,287
Businesses Nearby

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
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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 - C1-1 zoned building with apartments, storefront space, and separate utility service for each apartment.
Where is this mixed-use property located?
The property is located at 4229 W Division Street Chicago, IL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath apartments; 380‑square‑foot storefront; Finished garden apartment with 2 bedrooms and 1.5 bathrooms
More about this property
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