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2641 W Division Street

Chicago, IL 60622
  • $688,800
  • STATUS: Active
  • ON SITE: 240 Days
  • MLS #: 11043229
$688,800
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,300
    SQFT
  • $130
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1918
County:

School Ratings & Info

Description

Fantastic opportunity just West of Wicker Park in Humboldt Park! Mindfully priced on a part of Division that still has room to grow exponentially ! This grey bricked building is designed with a GROUND-FLOOR OFFICE / STOREFRONT SPACE and 2 HUGE APARTMENTS - 1700sqft per Floor! These UNITS have HVAC Systems; NEWER IN-UNIT WASHER/DRYER, FRESHLY PAINTED AND HARDWOOD FLOORS in the 2 Apartments, FRESHLY PAINTED AND HARDWOOD FLOORS. NEW FACADE AND WINDOWS. FLAT-ROOFED BRICK GARAGE FOR TWO CARS! Rent Roll is under market. Great potential to achieve a 8% Cap Rate! Notable business throughout the immediate area including: PRESENCE SAINT MARY'S & ELIZABETH HOSPITAL (w/2100 EMPLOYEES.), Boutiques and Restaurants/Bars. This 3 UNIT MIXED USE BUILDING ZONING ALLOWS LIQUOR FOR LIQUOR USE. Check out the Floor Plans & Photos! Videos are available upon request.

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Carolyn and Hillary Homes | Charles Rutenberg Realty. Based on information submitted to the MRED as of 2021-12-01T23:58:58.677 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2641 W Division Street Chicago, IL 60622

  • Price: $688,800
  • Status: Active
  • On Site: 240 Days
  • MLS #: 11043229
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,300
SQFT
$130
$/SQFT
1918
Built
Neighborhood:
Chi - West Town
County:
Cook
Area:
Chi - West Town
Property Description
Fantastic opportunity just West of Wicker Park in Humboldt Park! Mindfully priced on a part of Division that still has room to grow exponentially ! This grey bricked building is designed with a GROUND-FLOOR OFFICE / STOREFRONT SPACE and 2 HUGE APARTMENTS - 1700sqft per Floor! These UNITS have HVAC Systems; NEWER IN-UNIT WASHER/DRYER, FRESHLY PAINTED AND HARDWOOD FLOORS in the 2 Apartments, FRESHLY PAINTED AND HARDWOOD FLOORS. NEW FACADE AND WINDOWS. FLAT-ROOFED BRICK GARAGE FOR TWO CARS! Rent Roll is under market. Great potential to achieve a 8% Cap Rate! Notable business throughout the immediate area including: PRESENCE SAINT MARY'S & ELIZABETH HOSPITAL (w/2100 EMPLOYEES.), Boutiques and Restaurants/Bars. This 3 UNIT MIXED USE BUILDING ZONING ALLOWS LIQUOR FOR LIQUOR USE. Check out the Floor Plans & Photos! Videos are available upon request.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Parking Total 2 Roof Rubber Roof Structure Flat

Interior Features

Cooling Central Air Fireplaces Total 1 Heat Ventilation Central Heat/Indiv Controls Number Of Dishwashers 1 Number Of Dryers 2 Number Of Ranges 2 Number Of Washers 2

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 5300 Built Before1978 YN Yes Electric Service - 101 To 200 Amps Fire Protection Fire Extinguisher/S Geographic Locale Chicago North Gross Income 3700 Gross Scheduled Income 44400 Insurance Expense 3482 Net Operating Income 24308 Number Of Tenants 2 Operating Expense 19692 Rental Price 0 Tax Annual Amount 11302.4 Tax Year 2019 Tenant Pays Common Area MaintenanceElectricityVaries By Tenant Total Monthly Income 3700 Township West Chicago Type Mixed Use Zoning Multi

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Fulton Grace Realty.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Carolyn and Hillary Homes | Charles Rutenberg Realty. Based on information submitted to the MRED as of 2021-12-01T23:58:58.677 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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