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Listed by Joseph Germinaroof Coldwell Banker Realty
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Est. payment | /mo
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12775550
Year Built 1920
Annual Tax Amount $3,384
Tax Year 2025
Lot Dimensions 30x125
Property Sub-Type Mixed Use
Property Description
Exceptional opportunity to acquire a mixed-use commercial property in the heart of the highly trafficked Division Central Business District. This long-established location has been home to a successful used furniture business for more than 25 years, benefiting from strong visibility and consistent pedestrian activity. The property features two storefront spaces: the main retail store located at 5511 W. Division Street and an adjoining 55111/2 W. Division Street unit, formerly operated as a restaurant, offering flexible potential for retail, food service, office, or other commercial uses. Adding further value, the rear portion of the main building includes a private 2-bedroom apartment with separate entrance, providing an excellent opportunity for owner occupancy, or additional rental income. The property also offers rear parking for two vehicles, a valuable amenity in this densely populated commercial corridor. Surrounded by established businesses and benefiting from substantial foot traffic. This property presents an outstanding investment or owner-user opportunity in a sought-after commercial location.
Location
State IL
County Cook
Zoning RTAIL
Interior
Cooling None
Flooring Varies
Fireplace Y
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available
View Y/N true
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Structure Type Brick
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