1017 Division StChicago, IL 60642

For Lease
Call for price

Chicago Retail Land: 2.11 Acres

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 2.11-acre site, located at 1017 West Division Street in Chicago's Goose Island neighborhood (Cook County, IL, zip code 60642), presents a unique investment opportunity for developers and investors seeking fee simple ownership. The property, encompassing 91,911 square feet, is zoned PMD 3 (Goose Island Planned Manufacturing District) and features multiple parcels (APN: 17-05-402-002, 17-05-402-003, 17-05-402-014, 17-05-402-018, 17-05-402-023, 17-05-402-041, 17-05-402-042). Its strategic location offers easy access to major roadways, including Halsted Street and I-90, making it suitable for various uses. The area is experiencing significant growth, with nearby developments such as a new, large-scale industrial development featuring over 1.2 million square feet. This prime location makes the property ideal for a logistics/distribution center, data center, general retail, drive-thru restaurants, or self-storage facility. The property's current configuration includes one building with one suite, totaling one square foot, with one square foot currently vacant. This presents a blank canvas for development tailored to the buyer's vision. The thriving industrial corridor, home to companies like Amazon and FedEx, further underscores the property's potential for substantial returns.

Highlights

  • 2.11-acre site in Chicago's Goose Island neighborhood (Cook County, IL, 60642).
  • Zoned PMD-3 (Goose Island Planned Manufacturing District).
  • $258,000 annual gross property income.
  • High-visibility location on Division Street, two minutes from I-90 (217,300 vehicles daily).
  • Close proximity to the North Branch of the Chicago River.
  • 15-minute drive to the Loop and 64 million square feet of office space.

Unit(s) available at that property

Space
Available
Size
0 SF

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9028016
Longitude
-87.653106
1017 Division St, Chicago, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1017 Division St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message