$399,000
( $30.84Per Sq Foot )
 $2,142 est/mo Sourced by Back At You

4950 W Division Street,Chicago, IL 60651

Chicago, IL 60651

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Description

PRIME COMMERCIAL OPPORTUNITY WITH HUGE POTENTIAL! Located at 4950-4958 W Division St, this C1-3 zoned commercial property offers an excellent opportunity for an investor, owner-user, or developer looking to bring their vision to life. The property requires work and is being sold in its current condition. Buyer will be responsible for removing and disposing of all remaining personal property and items left by the previous owner. Property is being sold AS-IS. Bring your ideas, creativity, and vision-this property offers significant potential for redevelopment, renovation, or a new commercial venture. Buyer is responsible for verifying zoning, permitted uses, building requirements, dimensions, and all other information with the City of Chicago. Great opportunity for the right buyer!

Details

MLS #12753742
Listing TypeFor Sale
StyleOffice/tech
Sub-TypeResale
StatusActive
Year1927
Days On Site28
Listing Provided ByRealty of America, LLC | Margarita Mata

Features

SQ Feet12,936
Story(s)2
ZoningCOMMR
Acreage0.29

Interior

CoolingNone

Exterior

RoofRubber
Foundation DetailsConcrete Perimeter
Construction MaterialsBrick

Utilities

UtilitiesElectric to Site
ElectricCircuit Breakers

Taxes

Tax Year2025
Tax Annual Amount11017.77

Area Information

StateIL
CountyCook
CityChicago
Zip Code60651
AreaCHI Austin
Listing VS Median (in 60651)
Price:
$399,000
low | high
Med:
$290,000
77.318295739348% of Average
sqft:
12,936
low | high
Med:
2,000
100% of Average
$ / sqft:
$31
low | high
Med:
$145
100% of Average
On site:
28
low | high
Med:
194
14.432989690722% of Average
Sourced by Back At You

Market Activity 60651

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60651
AreaCHI Austin
Listing VS Median (in 60651)
Price:
$399,000
low | high
Med:
$290,000
77.318295739348% of Average
sqft:
12,936
low | high
Med:
2,000
100% of Average
$ / sqft:
$31
low | high
Med:
$145
100% of Average
On site:
28
low | high
Med:
194
14.432989690722% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 5:37:03 PM PDT