5101 Division StChicago, IL 60651

Property Details for 5101 Division St

Year built

1961

Lot size

0.21 AC

Property size (Sq ft)

8,300 SF

Property type

Retail properties

Property subtype

Retail space

APN

16-04-401-040

APU

1604401040

Description

This exceptional 9,000-square-foot storefront, located at 5101 W Division St in Chicago, IL (zip code 60651), presents a compelling investment opportunity. The property, built in 1961 and boasting a Class B rating, sits on a 9,272-square-foot lot and features a single-story building. Currently vacant, this space offers significant potential for a variety of retail uses. Previously occupied by a Dollar General, the property benefits from a strong location, just blocks from N Cicero Ave and La Follette Park, ensuring high year-round traffic. The asking price is $699,000, translating to $8 per square foot. The land value alone is assessed at $75 per square foot. The property features an open layout and is zoned B3-1. Recent upgrades exceeding $144,000 were made to the roof and masonry. A 10-year NNN lease is available for potential tenants. This sale-leaseback opportunity offers a strong return on investment. The property's size and location make it ideal for a variety of retail businesses. Serious inquiries only.

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.9021

Longitude

-87.7536

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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