4837-4841 Division St Chicago, IL 60651
- Specialty properties
- 3,200 SF
Current Use by Public Records
- Specialty properties
Property Details for 4837-4841 Division St
- Property size
- 3,200 SF
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
This exceptional 3,200 square foot auto shop, located at 4837-4841 W Division Street in Chicago, IL, presents a lucrative investment opportunity. Currently operating at 100% occupancy, this property boasts a spacious 10,000 square foot lot, including a fenced parking area with curb access from Cicero Avenue and a detached garage. The building features an office with a bathroom and a large paint booth, complemented by an overhead garage door. Its prime location on busy Division Street, near Cicero Avenue and just east of Lamon Avenue, offers easy access to major roads, interstates, and O'Hare Airport. The C1-1 zoning allows for mixed-use projects, expanding potential uses beyond its current function. The property benefits from its proximity to public transportation and major retailers, enhancing its appeal and potential for growth. The substantial vacant lot provides ample parking. Annual real estate taxes for 2023 were $17,500. This well-maintained, fully operational business presents a rare opportunity for investors seeking a high-return property in a strategic location. The property's versatility and prime location make it an ideal investment for both established businesses and new ventures.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7474
- Latitude
- 41.9021
