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Open-Plan Storefront Property
For Sale
$499,000

5101 W Division St, Chicago, IL 60651

Flexible commercial interior includes street-facing windows, rear space, support areas, bathrooms, and storage.

Property Size9,000 SF
Price / SF$55.44
Days on Market53

Property Features for 5101 W Division St

General Information

Standard status Active
Size 9,000 SF

Site & Location

Corner Location Yes
Traffic Count 11,700 vehicles/day

Building Details

Year Built 1961
Buildings 1
Listing Agency: Pearson Realty Group
Listed By: David McLennan · License #475165323
Source: Liveliferealty
Added: Jul 10 Changed: Aug 28 Last Checked: Aug 30 at 7:04PM

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 approximately 9,000-square-foot storefront property offers a largely open interior arranged across front, rear, and service areas. The north-facing portion measures approximately 3,000 square feet and features large windows along Division St., a drop-panel ceiling, and just under 9 feet of ceiling height. The rear section contains 4,430 square feet with a bow truss roof concealed above the ceiling panels and just over 9 feet of height. Four support posts separate the primary areas, while the southern section provides approximately 1,100 square feet for storage, two bathrooms, breaker boxes, and a delivery door on N. Leclaire Ave. Roof and masonry repairs have been completed as part of recent capital improvements.

The property occupies the southwest corner of Division St. and Leclaire Ave. Division St. carries approximately 11,700 VPD, with Cicero Ave. at 26,800 VPD and Laramie Ave. at 16,400 VPD. LaFollette Park is two blocks north, and the property is located in North Austin.

Key Highlights

  • Approximately 9,000 SF of mostly open‑span storefront space
  • Approximately 3,000 SF front area with large Division St. windows
  • Rear section includes 4,430 SF and a concealed bow truss roof

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

Location Intelligence

Trade Area within ½ mile

1,223
Businesses Nearby
153k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 33% Shops & Services 33% Dining 17% Apparel 17%
Food 4 Less Groceries
51,025 visits/mo 0.5 miles
McDonald's Dining
26,623 visits/mo 0.5 miles
Five Below Shops & Services
22,390 visits/mo 0.4 miles
Ross Dress for Less Apparel
20,258 visits/mo 0.4 miles
BP Shops & Services
11,568 visits/mo 0.5 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

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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Frequently Asked Questions

What type of property is this?
Storefront property - Flexible commercial interior includes street-facing windows, rear space, support areas, bathrooms, and storage.
Where is this storefront property located?
The property is located at 5101 W Division St 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 storefront space; Approximately 3,000 SF front area with large Division St. windows; Rear section includes 4,430 SF and a concealed bow truss roof
More about this property
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