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Open-Span Flex Space
For Sale
$499,000

5101 W Division Street, Chicago, IL 60651

Mostly open commercial interior with prominent windows, support areas, and flexible retail or office potential.

Property Size9,000 SF
Price / SF$55.44
Days on Market319

Property Features for 5101 W Division Street

General Information

Standard status Active
Size 9,000 SF
Property subtype Commercial
Zoning COMMR

Site & Location

Corner Location Yes
Traffic Count 11,700 vehicles/day
Road Access Yes

Taxes and HOA fees

Annual Taxes $27,361

Building Details

Building Size 9,000 SF
Year Built 1961
Buildings 1
Stories 1
Listing Agency: Pearson Realty Group
Listed By: David McLennan · License #475165323
Source: Gia-sells
Added: Sep 29, 2025 Changed: Aug 11 Last Checked: Aug 12 at 12:45PM

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 Pearson Realty Group

Investment Insights

Based on property information with market context.

This 9,000-square-foot flex property offers a largely open interior arranged across front and rear areas, with support space at the south end. Large windows face Division Street, while the rear section includes a bow truss roof above the drop ceiling that could be exposed. The property also includes two bathrooms, storage, breaker boxes, and a delivery door opening to N. Leclaire Avenue. Zoning is COMMR, and the building was constructed in 1961.

The property occupies the southwest corner of Division Street and Leclaire Avenue in Chicago. Division Street carries approximately 11,700 VPD, while nearby Cicero Avenue and Laramie Avenue carry approximately 26,800 VPD and 16,400 VPD, respectively. LaFollette Park is two blocks north, and the property is positioned within the North Austin neighborhood.

Key Highlights

  • Approximately 9,000 SF of mostly open‑span commercial space
  • Large front‑facing windows along Division Street
  • Rear area includes a bow truss roof above the drop ceiling

Property Analytics

Current Use

Zmar Disposal Services ... Plumbing Service

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic 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

11,700 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,223
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • FrostMac catering 4923 W Augusta Blvd, Chicago, IL 60651
  • Healthy Organic Kids 1334 N Cicero Ave, Chicago, IL 60651
  • Soul Sista's Catering LLC N Waller Ave, Chicago, IL 60651
  • SNUTII CHEF LLC 716 N Leclaire Ave, Chicago, IL 60644
  • Jerk Madness LLC 5508, 5510 W Crystal St, Chicago, IL 60651

Frequently Asked Questions

What type of property is this?
Flex space - Mostly open commercial interior with prominent windows, support areas, and flexible retail or office potential.
Where is this flex space located?
The property is located at 5101 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: Approximately 9,000 SF of mostly open‑span commercial space; Large front‑facing windows along Division Street; Rear area includes a bow truss roof above the drop ceiling
More about this property
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