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Wicker Park’s Division Street changing with new developments

The wide street is known for its sunny outdoor patios, and developers are taking advantage
  • 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.” ...