511 W. Division Street | Corner Retail/Office | $50K Available for Tenant Buildout

511 W Division Chicago, IL 60610

511 W Division, Chicago, IL, 60610
511 W Division, Chicago, IL, 60610
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Nov 15, 2023

Highlights

  • $50,000 AVAILABLE FOR TENANT BUILDOUT!!
  • 1,250 SF - ground floor
  • 650 SF - mezzanine
  • Expansive 20' entryway
  • High ceilings (10.5') on the ground floor
  • Natural light
  • Vanilla-box delivery
  • New mechanicals
  • Ideal for many uses
  • Wait list for indoor garage parking
  • Open street parking along Division
  • Part of Parkside of Old Town Mixed-Use development
  • One block from Target, Jewel and Chase
  • Easy access to public transportation and highway access
  • Nearby CTA Red line (North/Clybourn and Clark/Division) and Brown line (Sedgwick)
  • Video Tour - https://youtu.be/z3N1fbQfuy0

Description

$50,000 AVAILABLE FOR TENANT BUILDOUT!! SVN Chicago Commercial is pleased to offer 511 W. Division for LEASE. Located at the southwest corner of Division Street and Cleveland Avenue, the subject is a ground floor commercial condominium that is part of the Mixed-Use Planned Development called Parkside of Old Town. It is ideally situated within a block of Target, Jewel, Chase and near the New City development which includes Mariano's and Dick's Sporting Goods. The space has 1,250 SF on the ground floor and a newly created mezzanine of 650 SF. It features an expansive 20' entryway, 10.5' ceilings on the ground floor, an abundance of natural light throughout, and can be delivered in vanilla-box condition with new mechanicals. $50,000 is available towards the tenant's buildout for qualified deals. Division Street in front of the subject has open parking which is ideal for customers. A waitlist for indoor garage parking is also available. The space is well served by bus, public transportation and interstate highway. An interior video can be view here: https://youtu.be/z3N1fbQfuy0. Please call Advisor for further details.

Near North Side, Chicago, IL


Year Built: 2008
Building Size: 1250sq ft
Lot Size: 0.0 acres


Documents

511 W Division Leasing Brochure

Units for Lease

511 W. Division Street
Space Available: 1250 SF
Lease Type: NNN

Price Per Sqft/Month: $24.00

Map of 511 W Division, Chicago, IL, 60610

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.