2051 W Division Street Chicago, IL $ 2,435,000
2051 W Division Street
$ 2,435,000
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2051 W Division Street

Chicago, IL, 60622
$ 2,435,000
Baths0.0

Monthly Estimate*

$ 17,009

2051 W Division Street, Chicago, IL 60622 - Image 1
2051 W Division Street, Chicago, IL 60622 - Image 2
2051 W Division Street, Chicago, IL 60622 - Image 3
2051 W Division Street, Chicago, IL 60622 - Image 4
2051 W Division Street, Chicago, IL 60622 - Image 5
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2051 W Division Street, Chicago, IL 60622 - Image 9
2051 W Division Street, Chicago, IL 60622 - Image 10
Studio

Commercial Property for sale in Chicago, IL

for $2,435,000. This building was built in 1897 on a lot size of 0.069444.

* 5 unit building with 4 residential and 1 commercial space * Two 2 bed / 1 bath and two 1 bed / 1 bath with decks * Residential units have had many updates including kitchens and baths as well as washer and dryers in units * Retail operated as longstanding bar/restaurant * Business included in sale * Licenses included: Incidental, Retail food, patio and PPA * Occupancy 99 inside, 40 outside * Main room has full bar with beer taps, DJ booth, dining area, fireplace and 2 multi-stall bathrooms * Kitchen has hood and black iron for full dining operation * Full basement with coolers, storage, prep, office and more * Additional garage area with large walk-In cooler and room for parking or more storage * Roof updated in last 5 years and mechanicals updated within 3 years * Short walk to Division Street Blue Line stop and 1/4 mile to Kennedy expressway * Area tenants include Jimmy Johns, Target, Milk and Honey, Collectivo, Cheba Subs, Fat Pour, Fed Ex, Rainbo Club

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Commercial Active

Price

$ 2,435,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 19,893

Style

Lot Size

0.069444

Year Built

1897

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11998954

Features
General
Cooling Central Individual
Year Built 1897
Electric Service - 201 to 600 Amps
Tenant Pays Air Conditioning Electricity Heat Other
Stories 3
Property SubType Apts/Stores
Tax Year 2022
Gross Income 199692
County Cook
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Price Change
Directions On Division Street between Damen and Wood
City Chicago
Total Units 5
MLS Area CHI - West Town
Lot Size Square Feet 3025
Street Name Division
Tax Annual Amount 19893
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 47
Standard Status Active
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Exterior
Lot Dimensions 25X121
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Interior
Street Suffix Street
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* Excluded Features
List By
@Properties Commercial

Broker

ianfeinerman@atproperties.com

Email

Affordability Calculator

$18,667
Per Month
91%
9%
0%
Monthly Principal & Interest
$17,009
Monthly Property Taxes
$1,658
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2024$2,435,000 -4.88% Price Down
3/7/2024$2,560,000 Listed Price

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2051 W Division Street, Chicago, IL, 60622 is a Commercial Property for sale at $2,435,000 with a lot size of 0.069444. 2051 W Division Street is a studio with 0.0 baths and was built in 1897. The property's zip code is 60622 which is in Chicago, IL