3661 W Division St - Freestanding FOR SALE


Chicago, IL 60651
$1,150,000 USD
312-637-6582
3661 W Division St, Chicago, IL for Sale
$1,150,000 USD
Freestanding - FOR SALE
1/8
null | Request Cap Rate

3661 W Division St
Chicago, IL 60651


HIGHLIGHTS

  • Value Add Opportunity
  • Capital Improvements
  • Strategic Retail Location
  • High Traffic Coiunts
  • Exceptional Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase an investment property located at 3661 W Division Street in Chicago, Illinois (the “Property”). The Property consists of a 2,604 square foot commercial building with two units and a drive thru that will be delivered vacant, offering 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. 3661 W Division Street offers the opportunity to reposition the Property utilizing the existing building, either as an owner-occupant, or leasing out to two tenants. 3661 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 and W Grand 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

$1,150,000 USD

PRICE/SF

$442 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

C2-1

APN/PARCEL ID

16-02-130-041-0000

ASK ABOUT THIS PROPERTY

Mark HeideckeHorvath & TremblayMore Info
312-637-6582

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Mark HeideckeHorvath & TremblayMore Info
312-637-6582

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