3661 Division St Chicago, IL 60651

This exceptional investment opportunity presents a vacant 2,604 square foot storefront located at 3661 W Division Street in Chicago, Illinois. The property, built in 1990, sits on a 0.48-acre lot and is zoned C2-1, allowing for a wide range of commercial uses. Currently vacant, this single-story building offers significant value-add potential for an investor. The property features a drive-thru and has recently undergone capital improvements, including a full rehab of one unit, new electrical and plumbing systems, a new electrical panel, a separate meter for exterior lighting, and upgraded LED outdoor pole lights. Its prime location at the six-way intersection of W Division Street, W Grand Avenue, and N Monticello Avenue in the Humboldt Park neighborhood provides excellent visibility and accessibility. The area boasts strong demographics, with over 457,200 people residing within a 3-mile radius and an average household income exceeding $104,814. Daily traffic counts surpass 26,900 vehicles on the adjacent streets. The surrounding area includes numerous national retailers and local businesses, creating a robust consumer base. This property is offered at $1,150,000, with a price per square foot of $441.63 and a land value of $55.08 per square foot. The property is ideal for owner-occupancy or leasing to one or two tenants. This is a rare opportunity to acquire a well-located, value-add retail property in a thriving Chicago neighborhood.