Chicago, IL 60651 5101 W Division Street
$599,000



4 more





Presented By: Pearson Realty Group
Home Details
PRICE REDUCED! Bring your ideas to this blank canvas. This open space could be used as retail, office, shared work, etc. Located on the SW corner of Division and Leclaire Ave, with approximately 11,700 VPD passing by on Division St. (IDOT). Division St. is one of the main East-West surface streets on the north side of Chicago. 3 blocks east of the busy North-South commercial artery of Cicero Ave (26,800 VPD, and 2 blocks east of N-S Laramie Ave (16,400 VPD). also 2 blocks south of beautiful LaFollette Park in the center of the bustling North Austin neighborhood. This former dollar store has approximately 9,000 s.f. of mostly open span space. The front (north) section of this former store has approximately 3,000 s.f. of open space with very large front facing windows on Division St. This area has a drop-panel ceiling with just under 9' of ceiling height and a flat roof on top of that. The larger rear (south) section of the store has 4,430 s.f. of open space with the same panel-drop ceiling, but also has a bow truss roof hidden above the panels. This area has just over 9' of ceiling height, but this space could be opened up to dramatic effect by exposing the bow truss roof. These 2 areas are separated only by 4 support posts spaced approximately 13 - 15 ft apart from each other. There is a 3rd area in the far south area of the building separated from the other 2 areas by access doors. This area is approximately 1,100 s.f., measuring roughly 12' x 90', and houses the breaker boxes, 2 bathrooms, and storage area, with a delivery door facing N. Leclaire Ave. The owners have made over $144k of Capital Improvements in the past few years, including roof and masonry repairs.
Presented By: Pearson Realty Group
General for 5101 W Division Street
Additional Parcels Y/NNo
CityChicago
CoolingCentral Air
CountyCook
DirectionsNorth or South on Cicero Ave to Division (2800 N.), West on Division to 5101.
ElectricCircuit Breakers
Leasable Area9000
Lease TypeNet
Lot Size Square Feet9272
MLS AreaCHI - Austin
Net Operating Income
Property SubtypeRetail
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount27361
Tax Year2023
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Varies by Tenant
Year Built1961
ZoningCOMMR
Exterior for 5101 W Division Street
Building Area Total9000
Lot Dimensions92.5X100
Additional Details
Price History
