1657 West Division Street

Chicago, IL 60622

$1,485,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Exceptional mixed-use property in prime Wicker Park/Bucktown location. Featuring two high-visibility storefronts and a spacious 3 bed/2 bath duplex apartment above, this 5,000 sq. ft. building offers endless potential for business and living. The duplex has the ability to be divided into two separate residential units, providing great potential rental income. Zoned B3-2, perfect for retail, office, or restaurant use in a super desirable neighborhood. Recent updates include a new roof (2 years old)...Exceptional mixed-use property in prime Wicker Park/Bucktown location. Featuring two high-visibility storefronts and a spacious 3 bed/2 bath duplex apartment above, this 5,000 sq. ft. building offers endless potential for business and living. The duplex has the ability to be divided into two separate residential units, providing great potential rental income. Zoned B3-2, perfect for retail, office, or restaurant use in a super desirable neighborhood. Recent updates include a new roof (2 years old) central air, and a private deck with skyline views. Plenty of dining, shopping, entertainment, and easy access to public transit. Don't miss this rare investment opportunity in one of Chicago's most sought-after areas!
  1. Listed by Yousif Misho • Epique Realty Inc
  2. Listed by Joseph Rosario • Epique Realty Inc

Property Details for 1657 West Division Street

Area
CHI - West Town
Zoning
COMMR
LISTING UPDATED: 09/22/2024 12:07 AM

Property Details for 1657 West Division Street

StatusActive
MLS #12165430
Days on Market68
Taxes$34,148 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1889
Lot Size0.11 AC / 5,000 SF
CountyCook County

Building Information for 1657 West Division Street

Stories3Residences2Year Built1889Lot Size0.11 AC / 5,000 SF

Property Information for 1657 West Division Street

General Information
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Downtown Chicago,Chicago North,Chicago West
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Service - 101 to 200 Amps
  • Flooring: Wood
  • # Of Washers: 1
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas
  • # Of Refrigerators: 1
  • Washer/Dryer Lsd: No
  • Misc Inside: Accessible Entrance,Laundry Room
  • # Of Dryers: 1
  • # Of Dishwashers: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Heat, Repairs
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Lot Dimensions: 25X125
  • Lot Size Square Feet: 5000.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Fire Protection: Fire Extinguisher/s
  • Building Area Total: 5000
  • # Of Offices: 1
  • Office SqFt: 175
  • Retail SqFt: 2400
  • # Of Ranges: 1
  • # Of Stores: 2
  • Property Sub Type: Mixed Use
Property and Assessments
  • Possible Use: Commercial, Condominium, Multi-Family, Single Family, Retail
  • Public Document Count: 0
  • Photos Count: 52
Miscellaneous
  • Current Use: Commercial
  • Location: Central Business District,Mixed Use Area,In City Limits,High Traffic Area
Virtual Tour/Additional Media
  • Virtual Tour: Image360
  • Virtual Tour YN: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $400.00
  • Fuel Expense: $250.00
  • Gross Income: $6,000.00
  • Gross Scheduled Income: $6,000.00
  • Insurance Expense: $1,200.00
  • Electric Expense Source: Owner Projection
  • Expense Year: 2023
  • Total Annual Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Total Monthly Income: 6000
  • Water Expense Source: Owner Projection
  • Net Operating Income: $8,850.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $1,400.00

Property History for 1657 West Division Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1657 West Division Street

Taxable ValueLand$20,625Additions$304,690Total$325,315
Tax Record2022$68,795 ($5,733 / month)
Home Facts
Total Finished SqFt1,200 SqFtAbove Grade Finished SqFt1,200 SqFtStories4Lot Size2,750 SqFtStyleHotel / MotelYear Built1889CountyCOOKAPN17-06-407-001

Schools near 1657 West Division Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Charter - 6 to 12
Rating
School
Distance
Pritzker Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Lasalle II Lang Acad Elementary School
PublicPK to 8

Noble Street College Prep
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1657 West Division Street is a mixed use property for sale in Chicago, IL 60622. This property was listed for sale on September 16, 2024 by Epique Realty Inc, it's currently listed at $1,485,000. It has been on the market for a total of 68 days and was last sold on December 18, 2015. This listing's school district is Chicago Public Schools. Nearby schools include Pritzker Elementary School, Wells Community Academy High School and Lasalle II Lang Acad Elementary School. 1657 West Division Street is a 0-bed, 0-bath, mixed use property built in 1889.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Epique Realty Inc

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 09/22/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.