1418-20 W. Division St
Chicago, IL 60642
$1,600,000
Price
7,104
Sq. Ft.
Share

Executive Summary

CRER (Chicago Real Estate Resources, Inc.) presents a rare opportunity to acquire a mixed-use building + an adjacent 2,400 sf vacant parcel of land with a separate PIN# (must be sold together).

This property offers stable returns with the opportunity to add substantial value. Renovate the existing mixed-use building at 1418 Division to increase revenue. The adjacent 2,400 sf parcel of land can be developed or used as outdoor space for the retail space.

The property is centrally located in the desirable West Town neighborhood of Chicago offering easy access to some of Chicago’s best restaurants nightlife and shopping. The Division Blue line is a quick 5-minute walk out the front door and the property offers easy access to I(94) with an entrance /exit ramp just one block away.

Located on the same block as Near North Montessori Private School and Holy Trinity Private High School.

Download the OM

Property Location

Chicago » 60642 » 1418-20 W. Division St

Property Details

Status Active
Listing Type For Sale
Property Type Mixed-Use
Building Size 7,104 Sq. Ft.
Price $1,600,000
Cap Rate 7.77%

Broker Contact

Steven Rapoport, CCIM

Mobile: (847) 863-2707

Office: (773) 327-9300

Email: StevenR@crer.com

vCard: Download