Properties

Address Map
US
IL
Cook
Chicago
60651
Division
5636-48
Street
W88° 13' 58''
N41° 54' 8.4''
Start at I-290 and Cicero Avenue: Head north on Cicero Avenue (IL-50) from the I-290 interchange. Continue on Cicero Avenue: Drive north on Cicero Avenue for approximately 1.5 miles (about 4-5 minutes, depending on traffic). Turn left onto W Division Street: At the intersection of Cicero Avenue and W Division Street, make a left turn onto W Division Street. Proceed to 5636 W Division Street: Continue west on W Division Street for about 0.6 miles (roughly 2 minutes). The destination, 5636 W Division Street, will be on your right.
CHI - Austin
W
COMMR
Additional Information
22546
: Brick
98X125
33
1775000
3
Geary's Realty LLC
David Geary
Financial
30206
Listing Information
165285
88658
Contingent
2026-06-08T21:34:02Z
MRED
2026-06-08T21:33:28Z
Property Description

This 33-unit mixed-use property, a bank-owned asset in Chicago’s thriving North Austin neighborhood, presents an attractive investment opportunity in a historic urban setting. Constructed in 1925, the elegant terracotta building features 7 commercial storefronts, 20 one-bedroom/one-bathroom apartments, and 6 two-bedroom/one-bathroom apartments, creating a diverse and stable revenue stream. The property’s varied unit mix appeals to a wide range of tenants, from small businesses to residential renters. Significant value-add potential exists through targeted upgrades, including modernizing the commercial spaces (notably the vacant corner unit), enhancing on-site parking, and improving laundry facilities. With strategic renovations and efficient property management, investors can unlock substantial cash flow and long-term appreciation in Chicago’s dynamic rental market. Located in a vibrant, historic community with strong demand, this property is ideal for those looking to capitalize on the city’s growing real estate opportunities.

Commercial Sale For Sale

5636-48 W Division Street, Chicago, Illinois 60651

$1,690,000
Listing ID#12390171
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12390171
Price : $1,690,000
Year Built : 1925
Listing Status : Active Under Contract
Contact Agent