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    1720 Division St Chicago, IL 60622

    For Lease
    Contact for pricing
    Lot size:
    10,500 SF
    Added:
    Dec 11, 2024
    Days on Market:
    370

    Property Features for 1720 Division St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,500 SF

    Unit(s) available at that property

    Space
    20 Desks
    Size
    3,200 SF
    Space
    9-10 Desks
    Size
    1,100 SF
    Space
    5 Desk
    Size
    600 SF
    Space
    3 Desk
    Size
    400 SF
    Space
    4 Desk
    Size
    500 SF
    Space
    1 Desk
    Size
    200 SF
    Space
    2 Desk
    Size
    300 SF
    Space
    11-16 Desks
    Size
    1,800 SF
    Space
    7 Desk
    Size
    800 SF
    Space
    6 Desk
    Size
    700 SF
    Space
    8 Desk
    Size
    900 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrious Coworking Space Peagram Consulting Consultant Williams & Nickl, LLC Attorney B2 Design Co Interior Architect Office Mead & Hunt Engineering Consultant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6708657
    Latitude
    41.9035461

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    FAQs

    Where is this office space located?
    The property is located at 1720 Division St Chicago, IL.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1720 Division St Chicago, IL 60622
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