511 Division St Chicago, IL 60610
- Office Properties & Spaces
- 1.41 lot acres
Current Use by Public Records
- Gary SwiftWall Services / Wallpaper Installer
- ParkSide of Old Town / Condominium Complex
- Jacob Inc / Event Planner
Property Details for 511 Division St
- Year built
- 2005
- Lot size
- 1.41 lot acres
- Property type
- Office Properties & Spaces
- APN
- 17-04-307-054-4208
- APU
- 17043070544208
Description
This exceptional 1,900-square-foot commercial condominium space, located at 511 W Division St in Chicago's vibrant Old Town neighborhood, presents a unique opportunity. Situated on the ground floor of a seven-story building constructed in 2009, this property offers a flexible layout ideal for creative office or medical office uses. The space boasts a desirable street-level storefront with a spacious 20-foot entryway, high 10.5-foot ceilings, and abundant natural light. Currently configured with 1,250 square feet on the ground floor and a newly constructed 650-square-foot mezzanine, it provides ample room for customization. The property benefits from a $50,000 tenant improvement allowance for qualified tenants, allowing for a tailored buildout to meet specific business needs. Conveniently located at the southwest corner of Division Street and Cleveland Avenue, it's within a block of major retailers like Target and Jewel, and near the New City development. The area offers easy access to public transportation, interstate highways, and open street parking, with a waitlist available for indoor garage parking. The property is zoned PD 1006 in Cook County (APN: 17-04-307-054-4208). This is a multi-tenant building. Minimum divisible space is 1,250 square feet.
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
- -87.6397
- Latitude
- 41.9036
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
