See Home Value
Chicago 60642 Noble Square
1551 W Division Street
$1,351,090*
Commercial - Off Market

1551 W Division Street

Chicago, IL 60642
bedrooms
Studio
bathrooms
0 Bath
square feet
6000 Sqft
$1,125,000 - $1,375,000
Reference Base Price*
8.09%
Since Dec 1, 2022
IL-Chicago
Primary Model

About This Property

Tremendous opportunity to purchase a former bar/nightclub in Wicker Park! Approx. 6K square foot building consists of an open 1st floor space with high ceilings, a mezzanine level ideal for private parties/events and a finished basement with an office and plenty of dry and cold storage. All furniture, fixtures and equipment included in the sale price. High pedestrian traffic and desirable visibility on Division Street (14,600 VPD), Ashland Avenue (26,800 VPD) and Milwaukee Avenue (12,300 VPD). Easily accessible with the Division/Milwaukee Blue Line Station directly across the street and located less than a 1/2 mile from I-90/I-94. Bars, restaurants and recognizable retailers in the immediate area such as Target, CVS, Starbucks, Fifth Third Bank, BMO Harris Bank, Lowe's, Jewel-Osco and many others. Property to be sold "As-Is" and buyer will take responsibility for any building violations.

The manager has listed the unit size as 6000 square feet.
Unit Size
6,000Ft²
Days on Market
-
Land Size
-
Price per sqft
$208
Property Type
Commercial
Property Taxes
$895
HOA Dues
-
Year Built
1883

Price History

Date / Event Date Event Price
Nov 17, 2022 No longer available -
No longer available
Sep 2, 2022 Price Decreased $1,250,000
↓ $100K (7.4%)
Price Decreased
Dec 6, 2021 Listed $1,350,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
4,230 ft²
$248/ft²
$1,050,000 Aug 31, 2023
-
$1,585/mo
Commercial
Loft
-
-
$1,300,000 Feb 7, 2023
-
$971/mo
Commercial
Loft
-
-
$1,450,000 Dec 20, 2023
-
$3,216/mo
House
5 Beds
4.5 Baths
5,005 ft²
$300/ft²
$1,499,900 Sep 7, 2022
-
$650/mo
House
4 Beds
4.5 Baths
4,046 ft²
$315/ft²
$1,275,000 Nov 8, 2023
-
$1,594/mo
House
3 Beds
3.5 Baths
2,584 ft²
$484/ft²
$1,250,000 Mar 30, 2023
-
$542/mo
House
4 Beds
3.5 Baths
2,882 ft²
$382/ft²
$1,100,000 Mar 7, 2022
-
$477/mo
House
3 Beds
3 Baths
2,486 ft²
$483/ft²
$1,200,000 Oct 8, 2021
-
$479/mo
Multifamily
3 Beds
3.5 Baths
2,780 ft²
$360/ft²
$1,000,000 Sep 28, 2021
-
$526/mo
House
4 Beds
3.5 Baths
2,700 ft²
$370/ft²
$1,000,000 Oct 12, 2021
-
$479/mo
Multifamily
4 Beds
3 Baths
2,616 ft²
$573/ft²
$1,500,000 Mar 4, 2022
-
$650/mo
House
3 Beds
3 Baths
2,575 ft²
$582/ft²
$1,499,900 Sep 12, 2023
-
$622/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230504
05/04/2023
Loft
-
6000 ft²
$1,200,000
bedrooms
Loft
bathrooms
-
square feet
6000 ft²
-
-
-
Jason O'Beirne
Jameson Sotheby's Intl Realty
20211206
12/06/2021
Loft
-
6000 ft²
$1,350,000
bedrooms
Loft
bathrooms
-
square feet
6000 ft²
-
-
-
Jason O'Beirne
Jameson Sotheby's Intl Realty

Building Info

1551 West Division Street 1551 West Division Street, Chicago, IL 60642
More about this Building
1551 West Division Street
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About Northwest Side


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