Active

163 W Division Street

Chicago IL, 60610

$3,200,000


Active

Commercial

Built in 1973

Courtesy of Compass

Welcome to this exclusive listing of five residential condominiums and two commercial units at 163 Division, in this A+ location in the busy Gold Coast Intersection. This is an incredible investment portfolio opportunity, as this is one of the last undeveloped properties in the vicinity. The two, recently gut-renovated, street-level commercial spaces are 1560 sq.ft. combined and are currently rented out as a restaurant. The five residential 1&2 bedrooms furnished condominiums are currently set up as AirBnB's - 100% Owner Occupied. This bulk offering represents 19% interest in the entire condominium association which affords the investor unique control. Low property taxes and low monthly association dues enable a high-margin cash flowing investment in an A+ Chicago neighborhood.

12004047

MLS ID

March 18, 2024

Listed

April 17, 2024

Updated

Map

163 W Division Street
Chicago IL, 60610

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Wall Sleeve


Heating

No

Exterior/Building Features

Lot Size

0.34 Acres

Other Property Details

Area Name

CHI - Near North Side


Taxes

$51,537


Tax Frequency

Annually


Days on Market

8


Garage

No


View

No


County

Cook


Pool

No

Courtesy of Compass, Jeffrey Lowe,
Listing Contact: 312-319-1168 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Hancock Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 4/17/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 11:08 PM UTC, 4/17/2024

 

 

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