3661 W Division St
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3661 W Division St
2,604 SF Retail Building Chicago, IL 60651 £908,511 (£349/SF)
Investment Highlights
- Value Add Opportunity
- Strategic Retail Location
- Exceptional Demographics
- Capital Improvements
- High Traffic Coiunts
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,604 SF
Building Class
C
Year Built
1990
Price
£908,511
Price Per SF
£349
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Land Acres
0.48 AC
Zoning
C2-1 - Commercial
Parking
10 Spaces (3.84 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (76)
PROPERTY TAXES
Parcel Number | 16-02-130-041-0000 | Improvements Assessment | £53,529 |
Land Assessment | £43,025 | Total Assessment | £96,554 |
PROPERTY TAXES
Parcel Number
16-02-130-041-0000
Land Assessment
£43,025
Improvements Assessment
£53,529
Total Assessment
£96,554
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3661 W Division St
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