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0 Beds
9,000 sqft

$499,000

5101 W Division Street, Chicago IL, 60651

Price per sqft$55.44
Built in1961
Property size9,000 sqft
Property typeCommercial
Listed by David McLennan with Pearson Realty Group 312-925-7938

Overview

Active

Listed Sep 29, 2025

Updated 2 weeks ago

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.

Additional information

MLS® ID
12483642

Interior Features

Bedrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.21 Acres

Other Property Details

Taxes
$27,361
Tax Frequency
Annually
MLS provider logo

Listed by David McLennan with Pearson Realty Group 312-925-7938

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