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2056 W Division St is a mixed-use property located in Chicago, IL. The property currently has 1 multi-family space and 1 retail space for lease and is marketed by .
The subject restaurant property is prominently located at the northeast corner of Division and Hoyne in Chicago’s Wicker Park neighborhood.
In recent years, Division Street has become a destination for bars, restaurants, and retailers alike. Roughly 5 miles northwest of downtown Chicago, Wicker Park is serviced by I-90, the CTA Blue Line Division stop, and #70 Division Bus, and #50 Damen Bus. With a population of roughly 75,000 individuals and an average household income of $95,000 within a 1-mile radius of the subject property, Wicker Park is recognized as a densely populated, affluent destination for young professionals and families.
Along the roughly 1-mile stretch of Division Street that delineates the southernmost boundary of Wicker Park, there are approximately 50 bars, restaurants, boutiques, bakeries, cafes, coffee shops, salons, and spas. On Division Street, notable co-tenants include Parlor Pizza, Fox Trot, Target, Smoke Daddy, 5411 Empanadas, Milk & Honey, Wicker Park Athletic Club, Collectivo, The Fifty/50, Janik's Cafe, Ora Dental, The Perch, and many more.
Each summer, Wicker Park hosts a variety of street festivals including Do Division, Wicker Park Fest, and Green Music Festival which set up shop on the main neighborhood thoroughfares of Division Street, Milwaukee Avenue, and Damen Avenue, respectively. In addition, Chicagoans flock to Wicker Park proper to feast on fresh produce at the Wicker Park Farmers Market.
| Suite |
Space Type |
Pricing |
Size |
| 2056 W Division |
 Retail Space |
For lease: $3.08/sqft |
4,000 sqft |
The subject property, originally marketed as a business sale, is now being offered as a straight lease. Outstanding opportunity to secure a long-term lease for a restaurant that features a four-season, fully retractable roof with sliding vertical windows similar to the systems found at Gibson's Italia, The Benchmark, Roots, and Athena Greek Restaurant. This property's corner location also provides sidewalk cafe seating along Hoyne and the extra-wide Division Street sidewalks. Great intimate front room dining and bar area complement the expansive four-season beer garden. For operators tired of unsightly temporary and expensive solutions to uncertain weather and government-imposed use restrictions, this second-generation restaurant offers it all. The front barroom/dining area seats together with the four-season beer garden were originally licensed for 301 persons. The previous tenant also had a wrap-around sidewalk cafe with 154 seats. Extensive existing restaurant infrastructure includes 400amp, three-phase electrical service, 25' hood, 9'x24' walk-in coolers, 2,600sf prep certified basement, code-compliant handicap washrooms, and basement employee washroom. « show lessThe subject property, originally marketed as a business sale, is now being offered as a straight lease. Outstanding opportunity to secure a long-term... show more » |
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 Multi-Family Space |
For lease: Negotiable |
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SVN Chicago Commercial is pleased to present a Mixed-Use building located in the desirable Wicker Park neighborhood. The property is well-positioned along the W Division entertainment area. The building consists of (1) Commercial 4,000 sqft restaurant, (2) 2 bedroom, 1 bath, and (2) 3 bedroom, 1.5 bath units. Each unit has individual HVAC units, in-unit washers/dryers, and updated kitchens and baths. The property, built in 1916, is zoned B3-2 and situated on a 55x120 parcel of land. The restaurant was recently leased to Jack’s Restaurant for an eight-year term. The 4,000 sqft foot corner restaurant includes a bar area, dining, and four-season beer garden with retractable glass ceiling. « show lessSVN Chicago Commercial is pleased to present a Mixed-Use building located in the desirable Wicker Park neighborhood. The property is well-positioned... show more » |
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