$3,275,000
Active
1973
Built
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.
MORTGAGE CALCULATOR
$16,560
Estimate only — not a loan offer. Consult a lender for actual terms.
LISTING SNAPSHOT
Price$3,275,000
BedroomsN/A
Full BathsN/A
Half BathsN/A
Inside Area (SqFt)N/A
Lot SizeN/A
Year Built1973
MLS® NumberN/A
StatusActive
Property TaxN/A
HOA/Condo/Coop FeesN/A
Listing courtesy of Baird & Warner
Comps
An estimate is not available for this listing.
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