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Unique Space in Polish Triangle
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1551 W Division St, Chicago, IL 60642

2,800 SF space in high-visibility location near public transportation.

Space Size2,800 SF
Days on Market877

Property Features for 1551 W Division St

General Information

Standard status Active
Size 2,800 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 1551 W Division St Contact us

1551 W Division St $40/SF/Yr

Floor
Bldg
Size
2,800 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Great opportunity to lease a unique space in a clear-span building with 22.5’...
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Listing Agency: Strauss Realty, Ltd.
Listed By: Craig Wolf · License #475163046
Source: Moodyscre
Added: Apr 1, 2024 Changed: Aug 25 Last Checked: Aug 24 at 6:01AM

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 Strauss Realty, Ltd.

Investment Insights

Based on property information with market context.

This 2,800 SF space is located in a clear-span building featuring a 22.5' high ceiling without columns or pillars. The property, formerly a bar/nightclub, offers visibility from three streets in the Polish Triangle. Division CTA Blue line and bus stops are located across the street. Vehicle traffic counts are 15,400 VPD on Division Street, 23,400 VPD on Ashland Avenue, and 12,100 VPD on Milwaukee Avenue. An I-90/94 ramp is located two blocks away. The surrounding area includes bars, restaurants, and retailers such as Target, Popeyes, Wendy's, Foot Locker, Fifth Third Bank, PNC Bank and Verizon. This location is suitable for night clubs, sports and entertainment, and retail use.

Key Highlights

  • High Visibility Location: Situated at the Polish Triangle, offering tremendous visibility from three streets.
  • Unique clear‑span building: Features a 2,800 SF space with a 22.5' high ceiling and no columns.
  • Benefits from high traffic volume on surrounding streets.

Property Analytics

Current Use

Night clubs

Suggested Use

Top Pick Nursing Home Adult Day Care Tanning Salon Fish Market (Bike/Boat/Book/etc) Store Butcher

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

NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,432
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60642, IL

21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Blood Cross 1516 W Ohio St, Chicago, IL 60642
  • Kizmah CBD 2044 W Chicago Ave Store, Chicago, IL 60622
  • Irish Nobleman Pub 1367 W Erie St, Chicago, IL 60642

Frequently Asked Questions

What type of property is this?
Night club - 2,800 SF space in high-visibility location near public transportation.
Where is this night club located?
The property is located at 1551 W Division St Chicago, IL.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: High Visibility Location: Situated at the Polish Triangle, offering tremendous visibility from three streets.; Unique clear‑span building: Features a 2,800 SF space with a 22.5' high ceiling and no columns.; Benefits from high traffic volume on surrounding streets.
(847) 989-9653 Call to check price and availability
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