4950 W Division Street Chicago, IL ^$ 399,000

4950 W Division Street

^$ 399,000

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4950 W Division Street

Chicago, IL, 60651

^$ 399,000

Bedrooms-- Baths-- Sq 12,936

4950 W Division Street, Chicago, IL 60651 - Image 1

4950 W Division Street, Chicago, IL 60651 - Image 2

4950 W Division Street, Chicago, IL 60651 - Image 3

Property for Rent in Chicago, IL

for $399,000. This 12,936 square foot property was built in 1927 on a lot size of 0.29.

PRIME COMMERCIAL OPPORTUNITY WITH HUGE POTENTIAL! Located at 4950-4958 W Division St, this C1-3 zoned commercial property offers an excellent opportunity for an investor, owner-user, or developer looking to bring their vision to life. The property requires work and is being sold in its current condition. Buyer will be responsible for removing and disposing of all remaining personal property and items left by the previous owner. Property is being sold AS-IS. Bring your ideas, creativity, and vision-this property offers significant potential for redevelopment, renovation, or a new commercial venture. Buyer is responsible for verifying zoning, permitted uses, building requirements, dimensions, and all other information with the City of Chicago. Great opportunity for the right buyer!

Rental Active

Price

^$ 399,000

Taxes

^$ 11,017

Style

Lot Size

0.29

Year Built

1927

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12753742

Features

General

Cooling None

Utilities Electric to Site

Possession Immediate

Roof Rubber

Zoning COMMR

Construction Materials Brick

Year Built 1927

Electric Circuit Breakers

Stories Count 2

Township West Chicago

Property Subtype Other

Tax Year 2025

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Office/Tech

Status New

Directions DIVISION EAST OR WEST OF BUILDING

City Chicago

MLS Area CHI - Austin

Lot Size Square Feet 12589

Tax Annual Amount 11017.77

Additional Parcels Y/N N

Leasable Area 0

Lease Type N/A

Standard Status Active

Exterior

Foundation Details Concrete Perimeter

Building Area Total 12936

Lot Dimensions 25X150

Lot Size Acres 0.29

* Excluded Features

List By

Realty Of America, Llc

Broker

margarita411realtor@gmail.com;margarita411realtor@gmail.com

Nearby

Trends
Schools

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/8/2026	$399,000		Listed Price

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4950 W Division Street, Chicago, IL, 60651 is a Property for Rent at $399,000 with 12,936 sqft and a lot size of 0.29. 4950 W Division Street was built in 1927. The property's zip code is 60651 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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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Data is updated as of 9/9/2026.

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4950 W Division Street

Property for Rent in Chicago, IL

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