June 2, 2025 – Mark Heidecke of Horvath & Tremblay has successfully completed the sale of a vacant building in Chicago, Illinois. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $952,000.
The vacant building is located at 3661 W Division Street in Chicago, Illinois. The Property consists of a 2,604 square foot commercial building with two units and a drive thru that will be delivered vacant, offering significant upside through the repositioning of the asset. The Property is zoned C2-1 Motor Vehicle-Related Commercial District, a versatile zoning designation allowing for a broad range of commercial uses along major streets. 3661 W Division Street offers the opportunity to reposition the Property utilizing the existing building, either as an owner-occupant, or leasing out to two tenants. 3661 W Division Street is situated in a prime location at the 6-way intersection of W Division Street, W Grand Avenue, and N Monticello Avenue in the desirable Humboldt Park neighborhood on Chicago’s West side. The Property boasts excellent visibility with frontage and access on both W Division Street and W Grand Avenue. The location is close to area schools and businesses and is surrounded by residential neighborhoods providing a robust consumer base.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.