2653-59 Division St Chicago, IL 60622
- Retail properties
- 17,728 SF
- 0.21 lot acres
Current Use by Public Records
- Retail properties
Property Details for 2653-59 Division St
- Year built
- 1902
- Lot size
- 0.21 lot acres
- Property size
- 17,728 SF
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
This exceptional Chicago investment opportunity presents a portfolio of four mixed-use buildings totaling 17,728 square feet, situated on a 0.21-acre lot (9,033 square feet) in the vibrant Paseo Boricua neighborhood, also known as "Little Puerto Rico." The property, located at 2653-59 W. Division St, boasts a prime corner location with high visibility along Division Street, experiencing 18,619 vehicles per day. Built in 1902 and extensively renovated in 2018, the three-story buildings comprise 12 units: eight residential units (six with in-unit laundry and individual furnaces), three commercial units, and one garage. The property benefits from its proximity to Humboldt Park (207 acres), Kendall College, Malcolm X College, and the Damen Station (Blue Line). The B1-1 zoning provides flexibility for future development. The asking price is $2,495,000, and owner financing may be considered. This is a rare chance to acquire a well-maintained, income-producing property in a rapidly growing area of Chicago. The property's APN is 16014010010000, 16014010020000 and the zip code is 60622.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6941
- Latitude
- 41.9027
