$3,275,000
( )
 $17,581 est/mo Sourced by Back At You

163 W Division Street,Chicago, IL 60610

Chicago, IL 60610

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Description

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.

Details

MLS #12623413
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1973
Days On Site153
Listing Provided ByBaird & Warner | Yehuda Cohen

Features

Story(s)3
Units33

Interior

CoolingWall Sleeve

Utilities

ElectricCircuit Breakers

Taxes

Tax Year2024
Tax Annual Amount84036.55

Area Information

StateIL
CountyCook
CityChicago
Zip Code60610
AreaCHI Near North Side
Listing VS Median (in 60610)
Price:
$3,275,000
low | high
Med:
$390,000
100% of Average
On site:
153
low | high
Med:
32
100% of Average
Sourced by Back At You

Market Activity 60610

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Additional Information

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Contact

Learn More About This Property

Danielle Luchtenburg

Danielle Luchtenburg

Daniel and Associates Real Estate

475127687 (630) 677-6312danielle@daare.com
StateIL
CountyCook
CityChicago
Zip Code60610
AreaCHI Near North Side
Listing VS Median (in 60610)
Price:
$3,275,000
low | high
Med:
$390,000
100% of Average
On site:
153
low | high
Med:
32
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.456M - $4.93M
sqft: 0 - 0
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Listing Updated: August 21, 2026 at 10:32:50 AM PDT