1500 Division St, Chicago, IL 60642
This exceptional 6,400 square foot creative office building, located at 1500 W Division Street in Chicago, IL 60642, presents a unique leasing opportunity. The property boasts a prime Wicker Park location at the hard corner of Division and Greenview, offering excellent signage potential. Currently, 1,700 square feet of first-floor space is available for lease at a net-net-net (NNN) rate of $35 per square foot. This space is a former restaurant, featuring a 10-foot hood and is ideal for a variety of creative office uses. An additional 1,700 square feet of lower-level space is also available, leased at a NNN rate of $10 per square foot. The building's layout includes a spacious interior with a seating capacity of 65, complemented by a large backyard patio capable of accommodating 35+ patrons. Note that a liquor license is not permitted for this location. The property's convenient location is further enhanced by its proximity to Near North Montessori school. This versatile space offers a blend of character and functionality, making it an attractive option for businesses seeking a vibrant and accessible location in Chicago's Wicker Park neighborhood. The building is multi-tenant.
-
NowADays Media Advertising Agency Marketing & Advertising
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.