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$549,000

Est. payment - /mo

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9,000 SqFt

Price Dropped by $50K

5101 W Division ST Chicago, IL 60651

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 9,000 sqft

Price per Sqft $61

MLS Listing ID 12483642

Year Built 1961

Annual Tax Amount $27,361

Tax Year 2023

Lot Dimensions 92.5X100

Property Sub-Type Retail/Stores

Property Description

PRICE REDUCED! OWNERS MAY OFFER ADDITIONAL REDUCED PRICING FOR A QUALIFIED 501(C)(3). Bring your ideas to this blank canvas. This open space could be used as retail, office, shared work, etc. Located on the SW corner of Division and Leclaire Ave, with approximately 11,700 VPD passing by on Division St. (IDOT). Division St. is one of the main East-West surface streets on the north side of Chicago. 3 blocks east of the busy North-South commercial artery of Cicero Ave (26,800 VPD, and 2 blocks east of N-S Laramie Ave (16,400 VPD). also 2 blocks south of beautiful LaFollette Park in the center of the bustling North Austin neighborhood. This former dollar store has approximately 9,000 s.f. of mostly open span space. The front (north) section of this former store has approximately 3,000 s.f. of open space with very large front facing windows on Division St. This area has a drop-panel ceiling with just under 9' of ceiling height and a flat roof on top of that. The larger rear (south) section of the store has 4,430 s.f. of open space with the same panel-drop ceiling, but also has a bow truss roof hidden above the panels. This area has just over 9' of ceiling height, but this space could be opened up to dramatic effect by exposing the bow truss roof. These 2 areas are separated only by 4 support posts spaced approximately 13 - 15 ft apart from each other. There is a 3rd area in the far south area of the building separated from the other 2 areas by access doors. This area is approximately 1,100 s.f., measuring roughly 12' x 90', and houses the breaker boxes, 2 bathrooms, and storage area, with a delivery door facing N. Leclaire Ave. The owners have made over $144k of Capital Improvements in the past few years, including roof and masonry repairs.

Location

State IL

County Cook

Area Chi - Austin

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Listed by David McLennan of Pearson Realty Group

Nearby School & Business

SCHOOLSPROPERTIES

Elementary Schools 20

8

Horace Mann Elementary School

Public | KG - 5
8

William Hatch Elementary School

Public | PK - 5
7

Oliver W Holmes Elementary School

Public | PK - 5
7

Abraham Lincoln Elementary School

Public | KG - 5
7

Irving Elementary School

Public | KG - 5
7

Longfellow Elementary School

Public | PK - 5
7

Chicago Academy Elementary School

Public | PK - 8
7

Garcia Lorca Elementary School

Public | KG - 8
6

William Beye Elementary School

Public | KG - 5
6

Whittier Elementary School

Public | PK - 5
6

Lyon Elementary School

Public | KG - 8
6

Reinberg Elementary School

Public | PK - 8
6

Christopher House Charter Elementary School

Public | KG - 1
6

Frazier Perspectives Magnet Elementary School

Public | KG - 8
6

Casals Elementary School

Public | KG - 8
5

J. Locke Elementary School

Public | PK - 8
5

Prairie Oak School

Public | KG - 5
5

Karel Havlicek Elementary School

Public | KG - 5
5

Burbank Elementary School

Public | PK - 8
5

Camras Elementary School

Public | KG - 8

Middle Schools 7

7

Lincoln Middle School

Public | 6 - 8
6

Percy Julian Middle School

Public | 6 - 8
5

Gwendolyn Brooks Middle School

Public | 6 - 8
5

Clark Academy Preparatory Magnet High School

Public | 7 - 12
4

Ames Middle School

Public | 7 - 8
2

Northwest Middle School

Public | 6 - 8
1

Kelvyn Park High School

Public | 7 - 12

High Schools 20

10

Oak Park & River Forest High School

Public | 9 - 12
6

Prosser Career Academy High School

Public | 9 - 12
5

Chicago Academy High School

Public | 9 - 12
4

Douglass Academy High School

Public | 9 - 12
4

Austin Business & Entrepreneurship High School

Public | 9 - 12
3

Schurz High School

Public | 9 - 12
2

Austin Polytechnical Academy High School

Public | 9 - 12
2

Raby High School

Public | 9 - 12
1

Steinmetz College Prep High School

Public | 9 - 12
1

Voise Academy High School

Public | 9 - 12
1

J Sterling Morton Freshman Center

Public | 9 - 9
1

Foreman High School

Public | 9 - 12
1

North-Grand High School

Public | 9 - 12
1

Orr Academy High School

Public | 9 - 12
0

Alop Academic Learning Program

Public | 9 - 12
0

Fenwick High School

Private | 9 - 12
0

St Patrick High School

Private | 9 - 12
0

Austin Career Education Center

Private | 10 - 12
0

Banner Academy West

Private | 9 - 12
0

Christ the King Jesuit College Preparatory School

Private | 9 - 12

School and business data provided by Attom Data.

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106