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5645 W Division St
Chicago, IL 60651
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Open floor plan Store front.
- low taxes
EXECUTIVE SUMMARY
Fully rehabbed in 2024, this mixed-use property in Austin offers incredible versatility! The first-floor commercial unit features an open layout with hardwood floors, a full bathroom, and a kitchen area-perfect for a retail store, medical office, or other business uses. The second-floor apartment boasts 3 bedrooms, 1 bathroom, hardwood floors, and a modern kitchen with white cabinetry, stainless steel appliances, and granite countertops. Bonus room ideal for an office or play area, plus a bright enclosed porch perfect for dining. Additional highlights include a full, unfinished basement for storage, a newly poured concrete driveway with ample parking, separate utilities, and central A/C for both units. Conveniently located within walking distance to public transportation. Low taxes make this property an excellent investment for both residential and commercial purposes. Property will be vacant prior to closing.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,354 SF
Building Class
C
Year Built/Renovated
1924/2024
Price
$488,432 CAD
Price Per SF
$145.63 CAD
Percent Leased
70%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.25
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
B3-1 - Shopping centers, large stores, and retail storefronts, often along major streets. Apartments permitted above the ground floor.
Frontage
25’ on Division St
AMENITIES
- Tenant Controlled HVAC
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 16-05-406-005-0000 | Improvements Assessment | $29,303 CAD |
| Land Assessment | $4,524 CAD | Total Assessment | $33,828 CAD |
PROPERTY TAXES
Parcel Number
16-05-406-005-0000
Land Assessment
$4,524 CAD
Improvements Assessment
$29,303 CAD
Total Assessment
$33,828 CAD
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