Exceptional opportunity to acquire a mixed-use commercial property in the heart of the highly trafficked Division Central Business District. This long-established location has been home to a successful used furniture business for more than 25 years, benefiting from strong visibility and consistent pedestrian activity. The property features two storefront spaces: the main retail store located at 5511 W. Division Street and an adjoining 55111/2 W. Division Street unit, formerly operated as a restaurant, offering flexible potential for retail, food service, office, or other commercial uses. Adding further value, the rear portion of the main building includes a private 2-bedroom apartment with separate entrance, providing an excellent opportunity for owner occupancy, or additional rental income. The property also offers rear parking for two vehicles, a valuable amenity in this densely populated commercial corridor. Surrounded by established businesses and benefiting from substantial foot traffic. This property presents an outstanding investment or owner-user opportunity in a sought-after commercial location.
Property Details
Price:
$319,000
MLS #:
MRD12775550
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chiaustin
Listed Date:
Oct 2, 2026
Year Built:
1920
See this Listing
Schools
Interior
Cooling
None
Flooring
Varies
Exterior
Construction Materials
Brick
Stories
1
Financial
Tax Year
2025
Taxes
$3,385
Map
Community
- Address5511 W Division Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60651
Market Summary
Current real estate data for Commercial in Chicago as of Oct 09, 2026
893
Commercial Listed
182
Avg DOM
$1,024,717
Avg List Price
Property Summary
- 5511 W Division Street Chicago IL is a Commercial for sale in Chicago, IL, 60651. It is listed for $319,000
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Copyright 2026. All rights reserved.
5511 W Division Street
Chicago, IL


