5101 West Division Street, Chicago, IL

$599,000

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About 5101 West Division Street

PRICE REDUCED! OWNERS MAY OFFER ADDITIONAL REDUCED PRICING FOR A QUALIFIED 501(C)(3). 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.

Features of 5101 West Division Street

MLS® # 12483642
Price $599,000
Bathrooms 0.00
Acres 0.00
Year Built 1961
Type Commercial Sale
Sub-Type Retail/Stores
Status Active

Community Information

Address 5101 West Division Street
Area CHI - Austin
City Chicago
County Cook
State IL
Zip Code 60651

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Additional Information

Days on Market 18
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePearson Realty Group
Contact Info773-325-2800

Listing Map

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