For Lease
$24/SF/YR

511 Division St Chicago, IL 60610

Chicago Office Space: Prime Location, $50K Tenant Allowance

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 1,900-square-foot commercial condominium space, located at 511 W Division St in Chicago's vibrant Old Town neighborhood, presents a unique opportunity. Situated on the ground floor of a seven-story building constructed in 2009, this property offers a flexible layout ideal for creative office or medical office uses. The space boasts a desirable street-level storefront with a spacious 20-foot entryway, high 10.5-foot ceilings, and abundant natural light. Currently configured with 1,250 square feet on the ground floor and a newly constructed 650-square-foot mezzanine, it provides ample room for customization. The property benefits from a $50,000 tenant improvement allowance for qualified tenants, allowing for a tailored buildout to meet specific business needs. Conveniently located at the southwest corner of Division Street and Cleveland Avenue, it's within a block of major retailers like Target and Jewel, and near the New City development. The area offers easy access to public transportation, interstate highways, and open street parking, with a waitlist available for indoor garage parking. The property is zoned PD 1006 in Cook County (APN: 17-04-307-054-4208). This is a multi-tenant building. Minimum divisible space is 1,250 square feet.

Highlights

  • $50,000 tenant improvement allowance available.
  • 1,900 SF commercial condo: 1,250 SF ground floor, 650 SF mezzanine.
  • 20-foot entryway, 10.5-foot ceilings, abundant natural light.
  • Ground floor space is a vanilla box with new mechanicals, suitable for various uses.
  • Waitlist for indoor parking; ample street parking.
  • Located in Old Town, one block from Target, Jewel, and Chase; easy highway and public transit access (nearby CTA Red and Brown lines).

Property Details for 511 Division St

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
1,250 SF
Year Built
2009
Buildings
1
Stories
7

Unit(s) available at that property

Space
Space 1
Size
1,250 SF
Rate per SF
$24

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9034914
Longitude
-87.6417096

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FAQs

What type of property is this?
Retail property - Chicago Office Space: Prime Location, $50K Tenant Allowance
Where is the retail property located?
The property is located at 511 Division St Chicago, IL.
What is the lease rate?
The lease rate is $24/SF/YR.
What are key features of this property?
This property features: $50,000 tenant improvement allowance available.; 1,900 SF commercial condo: 1,250 SF ground floor, 650 SF mezzanine.; 20-foot entryway, 10.5-foot ceilings, abundant natural light.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
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Property Records

Contacts

Adam Napp
Adam Napp
Visit Broker Website

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Division St
Chicago, IL 60610

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Division St
Chicago, IL 60610

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We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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511 Division St
  • Adam Napp
    Adam Napp
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