163 West Division Street
$2,950,000
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Description
This incredible investment portfolio opportunity consists of five residential condominiums and two commercial units located at 163 Division--an A+ location at a busy Gold Coast intersection. In one of the last undeveloped properties in the vicinity, this portfolio offers: 2 recently gut-renovated, street-level commercial spaces totaling 1560 sf combined that are currently rented out as a restaurant; plus five residential 1&2 bedroom furnished condominium units currently set up as AirBnB's - 100%...This incredible investment portfolio opportunity consists of five residential condominiums and two commercial units located at 163 Division--an A+ location at a busy Gold Coast intersection. In one of the last undeveloped properties in the vicinity, this portfolio offers: 2 recently gut-renovated, street-level commercial spaces totaling 1560 sf combined that are currently rented out as a restaurant; plus five residential 1&2 bedroom furnished condominium units currently set up as AirBnB's - 100% Owner Occupied. This bulk offering represents 19% interest in the entire condominium association which affords the owner of this portfolio unique building control. Low property taxes and low monthly association dues enable a high-margin cash flowing investment in this A+ Chicago neighborhood. Sold As Is.
- Listed by Diana Peterson • AW Properties Global/Auction Works
Property Details for 163 West Division Street
Area
CHI - Near North Side
LISTING UPDATED: 11/12/2024 12:07 AM
Property Details for 163 West Division Street
Status | Active |
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MLS # | 12204611 |
Days on Market | 8 |
Taxes | $51,537 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1982 |
Lot Size | 0.04 AC / 1,650 SF |
County | Cook County |
Building
Building Information for 163 West Division Street
Stories3Residences34Year Built1982Lot Size0.04 AC / 1,650 SF
Property Information for 163 West Division Street
Property History for 163 West Division Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 163 West Division Street
Taxable ValueLand-Additions-Total-
Home Facts
Lot Size4,068 SqFtStyleGovernmental / Public UseCountyCOOKAPN17-04-404-009
Schools near 163 West Division Street
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
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Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 |
Rating | School | Distance |
---|---|---|
Ogden Elementary School PublicPK to 8 | ||
Lincoln Park High School Public9 to 12 | ||
Payton College Preparatory High School Public9 to 12 | ||
Salazar Elementary Bilingual Center PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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