28
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$1,295,000
Est. payment /mo
7,200 SqFt
New
1418 W Division Street Chicago, IL 60642
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UPDATED:
02/26/2025 06:44 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $179
MLS Listing ID 12297703
Year Built 1876
Annual Tax Amount $17,838
Tax Year 2023
Lot Dimensions 24X100
Property Sub-Type Mixed Use
Property Description
Fantastic location! Right off the Kennedy Expressway and the Division Blue Line Train Station. Beautiful Art Deco 4 Story Red Brick Building. The property is centrally located in the desirable Wicker Park neighborhood of Chicago offering easy access to some of Chicago's best restaurants nightlife and shopping. The Division Blue Line is a quick 2-minute walk out the front door and the property offers easy access to I(94) with an entrance /exit ramp just one block away. Located on the same block as Near North Montessori Private School and Holy Trinity Private High School. BUILDING IMPROVEMENTS - YEAR OF IMPROVEMENTS 2009-2020 New common brick parapet walls east & west elevations, 13 courses down. All new common brick chimneys lined with clay flutes. New roof full tear off: * Added 1/2-inch installation foam board. * Red Rosin paper, # 20 pound felt paper, mopped solid with hot asphalt tar, 5 Mil modified white granulated modified bitumen touch down rubber roof. All new windows, commercial grade double pane "low e" argon 1/8-inch glass each pane. Custom Four-Story Steel deck back porch. Entire West elevation grade excavated 6' below grade down, all new common brick installed, with a 5-mil modified bitumen touch down rubber membrane. All new Cooper drain lines. All new copper water supply lines hot and cold. New HVAC systems 3rd Loft & 2nd Loft. All apartments have newer Hot Water Tanks, approximately 4-5 years old. All new electrical breaker panels with updated wiring through steel conduit.ABOUT THE NEIGHBORHOOD West Town, located in Chicago, in the U.S. state of Illinois, northwest of the Loop, on Chicago's West Side is one of 77 officially designated Chicago community areas. Much of this area was historically part of the city's Polish Downtown, and its name may refer to Western Avenue, which was the city's western boundary at the time of West Town's settlement, but more likely was a convenient abstraction by the creators of Chicago's community areas. Then, as now, West Town was a collection of several distinct neighborhoods. It was the most populous of the community areas from their creation until it was surpassed by Near West Side in the 1960s. The boundaries of the community area are the Chicago River to the east, the Union Pacific railroad tracks to the south, the former railroad tracks on Bloomingdale Avenue to the North, and an irregular western border to the west that includes the city park called Humboldt Park. Humboldt Park is also the name of the community area to West Town's west, Logan Square is to the north, Near North Side to the east, and Near West Side to the south. Currently, as well as historically, the collection of neighborhoods in West Town along with the neighborhoods of Bucktown and the eastern portion of Logan Square have been referred to by media as the Near Northwest Side Noble Square is directly east of East Village. The generally accepted boundaries of Noble Square are the Kennedy Expressway on the east, Ashland (1600 W) on the west, Division (1200 N) on the north, and Chicago (800 N) or Grand (500 N) on the south. The name apparently refers to Eckhart Park, a one-block square park at the northeast corner of Chicago and Noble (1400 W). Its identity may be disappearing: real estate agents have been including its northern half as an eastern section of Wicker Park, while the southern end of this neighborhood has been identified as West Town since around 2000. This neighborhood was listed as "West Town" in 19th-century census records. Erie Neighborhood House, a social service agency tracing its roots to the settlement house movement of the 19th century, has operated in the neighborhood since 1870, providing services ranging from early childhood education and after-school programming to ESL and citizenship classes for adults. [31] Its historic location is near the intersection of Erie (632 N) and Noble (1400 W).
Location
State IL
County Cook
Interior
Cooling Central Air
Flooring Wood
Fireplaces Number 2
Fireplace Y
Exterior
Utilities Available Electric to Site, Water-Municipal
View Y/N true
Roof Type Rubber
Building
Foundation Stone
Structure Type Brick
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ryan Cherney • Circle One Realty