163 W Division Street, Chicago, IL 60610

  • $3,200,000
  • $3,200,000
163 W Division Street, Chicago, IL 60610
For Sale
163 W Division Street, Chicago, IL 60610
  • $3,200,000
  • $3,200,000

Overview

Property ID: 18045956
  • Commercial Sale
  • Property Type
  • 1973
  • Year Built

Description

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.

  • Address 163 W Division Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60610
  • Country United States

Details

Updated on August 21, 2024 at 12:46 am
  • Property ID: 18045956
  • Price: $3,200,000
  • Year Built: 1973
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • MLS#: MRD12004047
  • Office Name: COMPASS
  • Agent Name: Jeffrey Lowe
  • MLS Status: Active

Additional details

  • List Office MLSID: MRD87291
  • List Agent MLSID: MRD128393
  • List Date: 2024-03-18T16:28:43.000Z
  • Cooling: Central Air,Wall Sleeve
  • Tax Annual: 51537.2
  • Tax Year: 2022
  • County: Cook
  • Property SubType: Mixed Use

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