WICKER PARK — A huge warehouse on Division Street that was formerly a renown sculptor's studio is back on the market after having sat empty for almost two years.
Plans were initially under way to turn the industrial warehouse at 1714-1722 W. Division St. into a four-story development offering 24 loft-style apartments anchored by retail storefronts.
A New York City-based company, Jenel Management, which owns many other Wicker Park buildings, bought the 28,300-square-foot timber loft warehouse for $5.8 million in May 2015, over two transactions in May and one in February, county records show.
The building went up for sale earlier this month, according to a brochure from Cushman & Wakefield.
Michael Marks, director of capital markets for Cushman & Wakefield, said that the asking price is "negotiable" and that his client is accepting offers.
Check out the sales brochure, below:
