- The 0.5-mile stretch from Ashland to Damen features multiple new developments.
- 1819 W. Division was purchased by Randolph Street Realty Capital LLC and represented by KIG for $14.295 million.
- The four-story building features 36 units, 9,000 square feet of ground floor retail and 36 parking spaces.
The Division Street corridor is a haven for Chicagoans during the summer months. Wide-open sidewalks lined with outdoor patios, Renegade Craft Fair, Do Division Fest and an extensive bike path that leads downtown make the half-mile stretch of Division from Damen Avenue to Ashland Avenue one of the city’s most vibrant.
In recent years, vacant lots and old buildings have slowly been converted into sleek, modern apartment and condo buildings with street-level retail. One of the street’s most recently finished buildings at 1819 W. Division was recently purchased by Randolph Street Realty Capital LLC and represented by KIG for $14.295 million.
“We were impressed by the quality of the asset and attracted by its location at the heart of the pedestrian-friendly Division Street corridor in Wicker Park,” Robert Tanaka, principal of Randolph Street Realty Capital, said in a statement. “We look forward to seeing how the residential and commercial leasing effort shapes up.”
The four-story building features 36 units, 9,000 square feet of ground floor retail and 36 parking spaces.
Located at the intersection of Division and Honore, the building is right in the center of the Division Street action and neighbors the Lasalle II Magnet School. Right across the street is the new location for Parlor Pizza, which currently has a shop set up on Green Street in West Loop.
Currently under construction, the restaurant is expected to be open before the end of the month. What was previously the parking lot for Moonshine, the building’s previous owners, looks to be turning into a massive outdoor patio just in time for the summer.
Division Street’s development projects
This building at 1650 W. Division is under construction, but details on what’s to be expected as are minimal. Construction crews have been active on the site.
Just west at 1732 W. Division is this building being fully gutted and remodeled by Global Builders, Inc.
The building is expected to be mixed-use with detached parking.
Farther west is a building from LG Development. Located just west of Wolcott on the north side of the street, the development is another gut rehab with a vertical addition.
