424 Division St, Chicago, IL 60610
This exceptional retail opportunity is located in Old Town Square, a thriving grocery-anchored shopping center at 424 W Division St, Chicago, IL 60610. The property boasts two available spaces, ranging from 1,104 to 2,172 square feet, perfect for a variety of retail uses. Situated in one of Chicago's most desirable neighborhoods, this infill location benefits from extremely dense demographics, with 460,000 people within a 3-mile radius. The center is anchored by a market-leading grocer with a proven track record of strong sales, ensuring high foot traffic and a robust customer base. Its strategic location at a major intersection experiences a high volume of vehicular traffic, exceeding 30,000 vehicles per day. The area is experiencing significant growth, with numerous new residential developments recently completed, further enhancing the property's appeal and potential. This prime location serves the affluent Old Town, Lincoln Park, Gold Coast, and Near North Side communities, offering unparalleled access to a diverse and affluent clientele. The multi-tenant property is located in Cook County and presents a rare opportunity to establish a presence in a highly sought-after Chicago market. Contact us today to learn more about this exceptional retail investment.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.