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 | 177 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass |
|---|