1659 W. Division Street

For Sale

1659 W Division Street, Chicago, IL 60622

This Chicago property for sale is located at 1659 W Division Street. The current listed sale price for 1659 W. Division Street is Subject To Offer. 1659 W. Division Street is situated on a lot that is 0.06 acre in size.

Contacts

broker

Matthew Tarshis

Frontline Real Estate Partners

(847) 780-8063

Property Details

  • Property Type Retail - Street Retail
  • Property Size 7,500 SF
  • Lot Size 0.06 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1890
  • Year Renovated 2013
  • Date Updated Mar 20, 2024
1659 W. Division Street is a mixed-use building located along Division Street in Chicago’s Wicker Park neighborhood. Wicker Park is an affluent, lively neighborhood featuring strong demographics with a population of over 570,000 within three (3) miles of the Property and an average household income of over $151,000 within one (1) mile of Property. The Property is located along the south side of Division Street, just west of the heavily trafficked signalized intersection at Division Street and Ashland Avenue. The building is conveniently located within a few blocks of the Kennedy Expressway I-90/I-94 and steps from the Division Blue Line “L” Station. The Property is located within the heart of Wicker Park, along Division Street, the main commercial corridor in Wicker Park, providing visibility and exposure to over 15,400 VPD and an abundance of foot traffic. Neighboring retailers include Jewel-Osco, Target, Lowe’s Home Improvement, Walgreens, Foxtrot, Pet Supplies Plus, Garfield’s Beverage Warehouse, Kasama, Antique Taco, Mott Street, Ina Mae Tavern, Parlor Pizza, Popeye’s, Potbelly, Smoke Daddy, Yolk, Philz Coffee, Starbucks, Dunkin and Subway, among many others.Rarely available mixed-use building in the heart of Chicago’s Wicker Park neighborhood. The Property is located directly across from Target along West Division Street, in one of Chicago’s most desirable submarkets, featuring visibility and exposure to over 15,000 VPD, along with an abundance of foot traffic. The 3-story building totals 7,500 square feet and is currently 20% leased, offering investors an excellent opportunity to add value through lease-up. Wake N Bakery leases 1,500 square feet on the first floor with term through January 2032 while the second and third floor consist of 13 rooms on each floor. The Property is extremely well located just west of the heavily trafficked intersection of Division Street & Ashland Avenue and just a few blocks away from both the Kennedy Expressway (I-90/I-94) and the Division Blue Line “L” Station. Neighboring retailers include Jewel-Osco, Target, Lowe’s Home Improvement, Walgreens, Foxtrot, Pet Supplies Plus, Garfield’s Beverage Warehouse, Kasama, Antique Taco, Mott Street, Ina Mae Tavern, Parlor Pizza, Popeye’s, Potbelly, Smoke Daddy, Yolk, Philz Coffee, Starbucks, Dunkin and Subway, among many others.

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Highlights

  • Rare opportunity to acquire a value-add mixed-use building in heart of Chicago's Wicker Park neighborhood
  • Well located just west of Division Street and Ashland Avenue signalized intersection (38,500 VPD)
  • Wake N Bakery occupies the first floor and is on a NNN lease through January 2032
  • Conveniently located just west of Interstate-90/Interstate-94 and the Division Blue Line "L" Station

Getting around

  • 98/100

    Walk Score ®

  • 72/100

    Transit Score ®

  • 98/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood East Village
  • Zip Code 60622
  • Market Chicago

Points of Interest

  • Division

    0.14 miles

  • Damen

    0.62 miles

  • Chicago

    0.88 miles

  • Clybourn

    0.97 miles

  • North/Clybourn

    1.19 miles

  • Ashland

    1.24 miles

  • Western

    1.26 miles

  • Western Avenue

    1.35 miles

  • Armitage

    1.37 miles

  • Grand

    1.39 miles

  • Shell

    0.35 miles

  • BP

    0.40 miles

  • Shell

    0.44 miles

  • Marathon

    0.64 miles

  • BP

    0.66 miles

  • Shell

    0.83 miles

  • Citgo

    0.86 miles

  • BP

    0.94 miles

  • Shell

    0.98 miles

  • Shell

    1.05 miles

  • 1628 W Division

    0.08 miles

  • Steppenwolf Garage

    1.25 miles

  • A

    1.43 miles

  • Bus Parking

    1.45 miles

  • Mid City Parking Lot

    1.46 miles

  • Club/Premium

    1.47 miles

  • E Uber

    1.48 miles

  • C Suites

    1.49 miles

  • The Site

    1.52 miles

  • H

    1.55 miles

  • Pizza Metro

    0.03 miles

  • Carriage House

    0.05 miles

  • Bordel

    0.05 miles

  • 5411 Empanadas - Division

    0.06 miles

  • Wendy's

    0.07 miles

  • Bonchon - Division St.

    0.08 miles

  • Mana Food Bar

    0.10 miles

  • Mariscos La Costa

    0.11 miles

  • La Pasadita

    0.11 miles

  • Tortello

    0.11 miles

  • Target

    0.03 miles

  • Jewel-Osco

    0.24 miles

  • Mariano's Fresh Market

    0.69 miles

  • Restaurant Depot

    0.82 miles

  • Local Foods

    0.83 miles

  • ALDI

    0.95 miles

  • Whole Foods Market

    0.96 miles

  • Trader Joe's

    1.10 miles

  • ALDI

    1.10 miles

  • Municipal Foods

    1.12 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Matthew Tarshis

Frontline Real Estate Partners

(847) 780-8063