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Mixed-Use Property with Storefront
For Sale
$499,000

4229 W Division Street, Chicago, IL 60651

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market10

Property Features for 4229 W Division Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 5, Bathroom 4, Basement, Bedroom 7, Bedroom 4, Bedroom 2
Parking 2
Parking features Garage
Patio and Porch features Deck
Basement Finished, Full
Elementary school district 299
Middle school district 299
High school district 299
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

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4582

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1927
Building materials Aluminum Siding, Brick
Listing Agency: Keller Williams Premiere Properties · Keller Williams Realty
Listed By: Ingrid Hernandez
Added: Oct 8 Changed: Oct 15 Last Checked: Oct 17 at 10:06AM
MLS# 12780819

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.

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Investment Insights

Based on property information with market context.

This mixed-use property contains three apartments and a connected 380-square-foot storefront. The first-floor apartment has two bedrooms and one bath; the second-floor unit includes three bedrooms and one bath. A finished garden apartment provides two bedrooms and 1.5 baths. The building has central heat, with the ability to add central air conditioning. Each apartment has separate utilities.

An oversized two-car garage has 13-foot ceilings, gas and water service, and a separate electrical panel. Improvements include tuckpointing, a replacement sewer stack, a new garage door installed in 2024, new gates and a front door, and a security camera system. The property is zoned C1-1 and is near public transportation, the 606 Trail, and neighborhood amenities.

Key Highlights

  • Three apartments plus a connected 380‑square‑foot storefront
  • First‑floor apartment: 2 bedrooms and 1 bath; second floor: 3 bedrooms and 1 bath
  • Finished garden apartment with 2 bedrooms and 1.5 baths

Property Analytics

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Current Use

Triplexes

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - C1-1 zoning and separate apartment utilities support a combination of residential and commercial activity.
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 $499,000.
What are key features of this property?
This property features: Three apartments plus a connected 380‑square‑foot storefront; First‑floor apartment: 2 bedrooms and 1 bath; second floor: 3 bedrooms and 1 bath; Finished garden apartment with 2 bedrooms and 1.5 baths
More about this property
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