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Property profile & analytics
FOR SALE
Commercial real estate

3800 W Division St Chicago, IL 60651

1,600 SF 0.07 ac lot Built 1930
Individually Owned 1-yr Hold Free & Clear
Property ID
US28-0677693
Property summary
AI-generated overview

This exceptional 1,600 square foot vacant auto shop presents a unique owner-user investment opportunity in Chicago's vibrant Cook County. Located at 3800 W Division St, Chicago, IL 60651, this property boasts three bays, perfect for a variety of automotive businesses. The building sits on a lot previously approved by the alderman for car dealership use, offering potential for expansion or alternative uses within the B3-1 permitted zoning. Currently vacant, the property offers immediate occupancy from October 29, 2024. The 1,600 square feet of net rentable space provides ample room for operations and storage. The property includes one building and one unit. Rent bumps are permitted, offering potential for increased future income. The APN is 16021280390000. This is an ideal opportunity for a hands-on owner-operator seeking a well-situated, established space to launch or expand their automotive business. The asking price is $575,000. Don't miss this chance to acquire a prime commercial property in a thriving Chicago neighborhood.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1930
Total area 1,600 SF
Lot 0.07 ac (3,187 SF)
APN 16-02-128-040
UPID US28-0677693
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Big T's Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
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by Request
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Owner & transaction history
Baran Guner · 1 yrs held
Baran Guner
since 2025
3 recorded transactions
2025
Price N/A
2019
$220,000
2003
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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