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33498929
33498921

2744 West Division Street, Chicago, IL 60622

RM
IL 471002698
$1,000,000
2 days on market
Updated 1 day ago

2744 West Division Street Mixed Use. Humboldt Park

Details
Property Type Retail, Multifamily (+1)
Sub Type Apartment Building, Storefront
Square Footage 4,320
Tenancy Multi
Lease Term 1
Lease Expiration 06/11/2026
Rent Bumps No
Year Built 1910
Lot Size (SqFt) 2,042
Zoning C-1
Lease Commencement 06/10/2026
Ground Lease No
Sale Condition N/A

Mixed Use storefront with 2 apartments 4320Sqft

Marketing description

Excellent mixed-use investment opportunity in the heart of Humboldt Park! This property features a ground-floor liquor store and two oversized residential units with significant renovations already completed. The commercial storefront is currently occupied by a liquor store paying $3,500 per month on a month-to-month lease, offering immediate income with substantial upside potential, as the current rent is below market value. The residential portion consists of two large units that are currently vacant. The first-floor apartment offers 3 bedrooms and 2 bathrooms, while the second-floor unit features 4 bedrooms and 2 bathrooms. Both units have been partially remodeled, with all major capital improvement items already completed. The remaining work is primarily cosmetic and presents an excellent opportunity for an investor or owner-occupant to add value and maximize rental income.

Investment highlights

Excellent mixed-use investment opportunity in the heart of Humboldt Park! This property features a ground-floor liquor store and two oversized residential units with significant renovations already completed. The commercial storefront is currently occupied by a liquor store paying $3,500 per month on a month-to-month lease, offering immediate income with substantial upside potential, as the current rent is below market value. The residential portion consists of two large units that are currently vacant. The first-floor apartment offers 3 bedrooms and 2 bathrooms, while the second-floor unit features 4 bedrooms and 2 bathrooms. Both units have been partially remodeled, with all major capital improvement items already completed. The remaining work is primarily cosmetic and presents an excellent opportunity for an investor or owner-occupant to add value and maximize rental income.

Listing Contacts

RM
IL 471002698

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Additional Information

Name
Richard Mell
License
471002698
Brokerage
Baird and Warner
Brokerage Phone
3122421000
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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