1017 Division St Chicago, IL 60642
- Commercial real estate
- 42,800 SF
- 0.07 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1017 Division St
- Year built
- 1956
- Lot size
- 0.07 lot acres
- Property size
- 42,800 SF
- Property type
- Commercial real estate
- APN
- 17-05-402-003
- APU
- 1705402003
Description
This exceptional 2.11-acre site, located at 1017 West Division Street in Chicago's Goose Island neighborhood (Cook County, IL, zip code 60642), presents a unique investment opportunity for developers and investors seeking fee simple ownership. The property, encompassing 91,911 square feet, is zoned PMD 3 (Goose Island Planned Manufacturing District) and features multiple parcels (APN: 17-05-402-002, 17-05-402-003, 17-05-402-014, 17-05-402-018, 17-05-402-023, 17-05-402-041, 17-05-402-042). Its strategic location offers easy access to major roadways, including Halsted Street and I-90, making it suitable for various uses. The area is experiencing significant growth, with nearby developments such as a new, large-scale industrial development featuring over 1.2 million square feet. This prime location makes the property ideal for a logistics/distribution center, data center, general retail, drive-thru restaurants, or self-storage facility. The property's current configuration includes one building with one suite, totaling one square foot, with one square foot currently vacant. This presents a blank canvas for development tailored to the buyer's vision. The thriving industrial corridor, home to companies like Amazon and FedEx, further underscores the property's potential for substantial returns.
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
- -87.6531
- Latitude
- 41.9033
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
