Price Reduction
Address
2051 W Division Street, Chicago, IL
Price
$ 2,435,000
Property Attributes
  • MLS#11998954
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - West Town
  • NeighborhoodUkrainian Village
  • Zip60622
  • Style
  • Year Built1897
  • Taxes$ 19893
  • Price$ 2,435,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,025 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

* 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

Price History
3/7/2024 Listed $2,560,000
4/22/2024 5% - $2,435,000

General Features

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
Property Type Commercial Sale
Status Active
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
Additional Parcels Y/N No
Days on Market 52
Standard Status Active
Property Type Mixed Use

Interior Features

Street Suffix Street

Exterior Features

Lot Dimensions 25X121

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60622

Price
AVG $570K
$2.44M
Taxes
AVG $21,118
$19,893
Visits
AVG 103
79
Data Provided by Inside Real Estate®
Year Built
AVG 1961
1897

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