Chicago, IL 60610 163 W Division Street
$3,275,000



24 more
























Presented By: Baird & Warner
Home Details
Portfolio investment comprised of 5 apartment units and 2 Commercial Condos. Perfect for long term investor or 1031 Exchange. Positioned at the intersection of the Gold Coast and Old Town - two of Chicago's most coveted submarkets, this offering at 163 Division Street represents a rare opportunity to acquire a scaled, mixed-use asset in the heart of these neighborhoods. The portfolio consists of five fully furnished residential condominium units and two street-level commercial spaces, collectively comprising significant ownership percentage of the condominium association-providing meaningful influence over governance and long-term asset strategy. With limited remaining development parcels in the immediate vicinity, the property offers both durable in-place income and compelling embedded land value. The commercial component, totaling approximately 1,560 square feet, is a busy Asian Wok sit-in and take out restaurant. The residential units-comprising a mix of one- and two-bedroom layouts. This dual-income stream provides diversification across tenant profiles and revenue sources.
Presented By: Baird & Warner
General for 163 W Division Street
Additional Parcels Description17044040261003, 17044040261013, 17044040261016, 17044040261017, 17044040261025, 17044040261032
Additional Parcels Y/NYes
CityChicago
CoolingWall Sleeve
CountyCook
DirectionsSE Corner of Division and Wells
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income372328
Insurance Expense
Lot Size Square Feet14900
MLS AreaCHI - Near North Side
Net Operating Income247503
Number Of Units Total33
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount81302.22
Tax Year2024
Tenant PaysElectricity
Trash Expense0
Water Sewer Expense0
Year Built1973
Exterior for 163 W Division Street
Lot Dimensions100X149
Additional Details
Price History
