2110 Division StChicago, IL 60622

Property Details for 2110 Division St

Year built

1902

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.07 AC

Property size (Sq ft)

5,775 SF

Property type

Residential income homes

Property subtype

Small apartment buildings

APN

17-06-128-037

APU

1706128037

Description

This exceptional 950-square-foot retail space is ideally situated on West Division Street in Chicago's vibrant Wicker Park neighborhood. The property, part of a larger 6,259-square-foot building constructed in 1901, offers a fantastic opportunity for businesses seeking high visibility and foot traffic. The storefront boasts approximately 22 feet of frontage along Division Street, showcasing floor-to-ceiling windows that maximize natural light and attract attention. Inside, you'll find a spacious interior, a convenient kitchenette, and a basement for added storage. One ADA-compliant restroom is also included. The property includes two parking spaces. This location benefits from a dense population, with approximately 191,000 residents within a two-mile radius and an average household income of $110,000 per year. The area is thriving, with numerous national retailers, restaurants, and service-oriented businesses already established, including Target, Jewel-Osco, Starbucks, Foxtrot, and many more. This property is located in Cook County, Illinois, and has a zip code of 60622. The building is a multi-tenant property. This is a rare opportunity to establish your business in a highly desirable and successful commercial corridor.

• CAP approach

  CAP return

  Valuation

  6%

  $2,301,341

  6.5%

  $2,124,315

  7%

  $1,972,578

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,165,900

  Geo Method

  $1,165,900

• Alternative Use

  Use

  Valuation

  Residential

  $2,124,315

  Hospitality

  $1,945,861

  Educational

  $1,618,934

  Medical

  $1,674,611

  Retail

  $2,518,341

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.9035

Longitude

-87.6803

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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