1653 W Division St - Storefront Retail/Residential FOR SALE


Chicago, IL 60622- Ukrainian Village
$3,550,000 USD
312-203-9480
1653 W Division St, Chicago, IL for Sale
$3,550,000 USD
Storefront Retail/Residential - FOR SALE
1/31
null | Request Cap Rate

1653 W Division St
Chicago, IL 60622
Ukrainian Village


HIGHLIGHTS

  • Retail Space: Currently leased to a kickboxing gym, with 16-foot ceilings and mezzanine potential.
  • Prime Location: Situated on Division Street in the heart of Wicker Park’s entertainment district, offering high visibility and foot traffic.
  • Modern Aesthetic: Steel and glass architecture appeals to upscale tenants and clientele.
  • Transit Access: Close to the Blue Line, multiple bus routes, Divvy stations, and expressways.
  • Investment Potential: Ideal for investors or owner-users seeking strong rental income and urban convenience.

OVERVIEW

This striking mixed-use building on Wicker Park's premier Division Street offers a unique blend of residential and commercial space. The property features two spacious, condo-quality finished apartments, each boasting three bedrooms, two bathrooms, and generous outdoor areas. The ground-level retail space, currently occupied by a kickboxing gym, features soaring 16-foot ceilings and the potential for a mezzanine level, significantly increasing its footprint. The building's modern steel and glass design creates a contemporary aesthetic, attracting discerning tenants and customers alike. Situated in the heart of Wicker Park's entertainment district, residents and businesses benefit from immediate access to the Blue Line, multiple bus routes, Divvy stations, and expressway access. Property currently has family friendly leases and can be vacated within 2 to 3 months. This property presents an ideal investment opportunity or a perfect owner-user scenario, combining the convenience of urban living with the potential for strong rental income.

FOR SALE DETAILS

PRICE

$3,550,000 USD

PRICE/SF

$657 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Wicker Park Connection

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

B3-2

APN/PARCEL ID

17-06-407-004-0000

ASK ABOUT THIS PROPERTY

Madeleine PearlStation CitiesMore Info
312-203-9480

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Madeleine PearlStation CitiesMore Info
312-203-9480

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.