Property profile

424 Division St Chicago, IL 60610

OFF-MARKET
Retail properties & Spaces
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Food Market
  • Cafe & Coffee Shop
  • Atm
  • Medical Clinic
  • Atm Currency Exchange Service

Location

424 Division St Chicago, IL 60610
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 424 Division St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message