163 West Division Street, Chicago, IL

$3,200,000

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About 163 West Division Street

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.

Features of 163 West Division Street

MLS® # 12004047
Price $3,200,000
Bathrooms 0.00
Acres 0.00
Year Built 1973
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 163 West Division Street
Area CHI - Near North Side
City Chicago
County Cook
State IL
Zip Code 60610

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Wall Sleeve
Fireplace No
Has Basement No

Additional Information

Days on Market 42
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass

Listing Map

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