3637 Division St - Storefront FOR SALE


Chicago, IL 60651- Humboldt Park
$900,000 USD
317-403-6641
3637 Division St, Chicago, IL for Sale
$900,000 USD
Storefront - FOR SALE
1/6
null | Request Cap Rate

3637 Division St
Chicago, IL 60651
Humboldt Park


HIGHLIGHTS

  • Zoned C2-1: Motor Vehicle-Related Commercial District
  • Value Add Opportunity
  • Strategic Retail Location
  • Exceptional Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase an investment property located at 3637-49 W Division Street in Chicago, Illinois (the “Property”). The Property is improved by two commercial buildings and a Clear Channel Billboard on a 22,625 square foot (0.52-acre) corner parcel of land. 3637-49 W Division Street is currently occupied by a Muffler Shop and Grocery Store and has one vacant unit, and a Clear Channel Billboard. The Property offers significant upside through the repositioning of the asset. The Property is zoned C2-1 Motor Vehicle-Related Commercial District, a versatile zoning designation allowing for a broad range of commercial uses along major streets. 3637-49 W Division Street offers the opportunity to reposition the Property; a new owner can utilize the existing buildings as an owner-occupant, can structure long term leases with existing tenants or new tenants, or can take advantage of the desirable corner location by redeveloping the Property to its highest and best use. 3637-49 W Division Street is situated in a prime location at the 6-way intersection of W Division Street, W Grand Avenue, and N Monticello Avenue in the desirable Humboldt Park neighborhood on Chicago’s West side. The Property boasts excellent visibility with frontage and access on both W Division Street, W Grand Avenue and N Monticello Avenue. The location is close to area schools and businesses and is surrounded by residential neighborhoods providing a robust consumer base.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$218 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

C2-1

APN/PARCEL ID

16-02-306-006-0000

ASK ABOUT THIS PROPERTY

John PrestonHorvath & TremblayMore Info
317-403-6641

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John PrestonHorvath & TremblayMore Info
317-403-6641

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.