For Sale
$799,000

3637 Division StChicago, IL 60651

Chicago Restaurant, 7,700 SF, $799,000

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional commercial property located at 3637 W Division St in Chicago, IL, presents a lucrative investment opportunity. The 7,700 square foot building, zoned C2-1, is a four-story structure situated on a .52-acre lot (approximately 22,648 square feet) with 181 feet of frontage. Currently operating as a restaurant, the property includes three additional businesses: a grocery store, a tire shop, and another space requiring remodeling. The property boasts significant income potential beyond the existing businesses, thanks to a large billboard generating additional revenue. The site benefits from high vehicular and pedestrian traffic at the corner of Division, Monticello, and Grand Streets in Cook County, zip code 60651. Ample parking is available with 25 spaces. The property's assessed parcel number (APN) is 16023060060000. This multi-faceted property offers a unique blend of established income streams and significant redevelopment potential. The asking price is $799,000, translating to $228.29 per square foot. This prime location and diverse income streams make this a compelling investment for discerning buyers. Bring your vision and entrepreneurial spirit to unlock the full potential of this remarkable property.

Highlights

  • 7,700 SF, four-story building on a .52-acre lot in Chicago, IL.
  • C2-1 zoning.
  • Currently houses a restaurant, grocery store, tire shop, and a space needing remodeling.
  • Generates income from a large billboard.
  • High traffic corner location at Division, Monticello, and Grand Streets in Cook County, IL (60651).
  • 25 parking spaces.

Property Details for 3637 Division St

Property type
Retail properties, Restaurants
Square Feet
7,700 SF
Stories
4
Lot Size (sq. ft)
23,958 SF

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9024124
Longitude
-87.7179855
3637 Division St, Chicago, Illinois

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3637 Division St
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