Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in 1928 W. Division Street (the “Property”), ±5,440 square foot mixed-use property situated upon ±3,720 square feet of land. The Property is comprised of one ground floor restaurant tenant and four renovated residential units on the upper two floors.
The retail space is occupied by Via Carducci La Sorella, a beloved Italian restaurant and neighborhood staple since 2007, operating under a net lease with over 10 years of remaining term. The second and third floors comprise of four (4) residential units; two (2) one-bedroom/one-bathroom and two (2) two-bedroom/one-bathroom, all of which underwent a complete gut rehab in 2025 and feature in-unit laundry, hardwood floors, and stainless-steel
appliances.
Located in Chicago’s bustling neighborhood of Wicker Park, the Property benefits from a desirable location to live, work and play. Just two miles northwest of the Loop, Chicago’s Wicker Park neighborhood has flourished into a prominent shopping and dining district. Thousands of daily retail customers visit Wicker Park while The Robey, a newly renovated boutique hotel consisting of 69 guest rooms, welcomes the growing tourism population. Surrounding the Property are numerous developments that have delivered 450+ new condominium or apartment units. Daily trip generators include Target, Jewel-Osco, and a brand new Whole Foods opening at the corner of Division & Ashland.
The Property is located just three blocks west of the CTA Division Blue Line ‘L’ Station that experiences 1.3 million passengers and connects Wicker Park to O’Hare International Airport and downtown Chicago’s Loop. The CTA #50, #56, #70 bus routes run along Milwaukee, Ashland and Division. Access to Interstate 90 / 94 is just 1/2 mile to the east.
Within 1-mile, demographics include an average household income of $151,486, and a total population of 65,699.
⦿ SIGNIFICANT CAPITAL IMPROVEMENTS – CONDO-QUALITY APARTMENTS
⦿ VIA CARDUCCI 18+ YEARS OF TENANCY
⦿ IRREPLACABLE LOCATION
⦿ DINING BOULEVARD – ENVIABLE FRONTAGE + DEEP SIDEWALKS
⦿ “24 HOUR” WICKER PARK SCENE + DIVISION STREET RESTAURANT ROW
⦿ MULTIPLE MASS TRANSIT OPTIONS