33 East Division Street

Chicago, IL 60610

$3,699,000
Price
7
Beds
6,650 Sq. Ft.
$556 / Sq. Ft.
6,650
Sq. Ft.
$556
per Sq. Ft.

Description

Own a landmark & consider your options with this incredible blue chip investment piece! Already a solid multi unit building generating income, you could convert portions of this gem to Airbnb or bed & breakfast and triple the income OR de-convert to Luxury Single Family and build on the rich history and incredible craftsmanship--they don't built it like this anymore! This Gold Coast Historical Greystone lovingly built by Potter Palmer in 1888 boasts approximately 7000 square feet , on a 24 x 90 foot...Own a landmark & consider your options with this incredible blue chip investment piece! Already a solid multi unit building generating income, you could convert portions of this gem to Airbnb or bed & breakfast and triple the income OR de-convert to Luxury Single Family and build on the rich history and incredible craftsmanship--they don't built it like this anymore! This Gold Coast Historical Greystone lovingly built by Potter Palmer in 1888 boasts approximately 7000 square feet , on a 24 x 90 foot lot; 4 rental units, plus a 4 car garage. The units can be converted into a single family, or maybe its an 8 unit rental building. All options are on the table! This is a great opportunity as while all units are currently rented, some leases are month to month or flexible to be bought out. 7 bedrooms and 7 bathrooms, beautifully restored moldings, the millwork alone will make your heart sing--hardwood flooring and 10 marble wood burning fireplaces will delight your senses. This historic home is the epitome of gilded age opulence. Five levels are currently divided into three apartments, offering a myriad of living options. Convert back to a magnificent single family home or capitalize on the amazing rental income in the desirable Gold Coast neighborhood with this epic location. Each unit currently has its own kitchen and front facing spacious living room; the third and fourth floor kitchens could easily be removed for additional bedrooms or living spaces. Many rooms have their original, or restored, fireplaces, carved oak mantles, and crown moldings. This home also offers a a 20x 15 private rooftop deck, several private balconies, and a lower level can be used as an office space. Three large master suite complete this spectacular home. There are endless possibilities, and the "studio" unit has just been completely rehabbed. All offers will be considered and reviewed, seller is motivated for the right buyer to come and make this next chapter a part of Chicago's compelling story. Must see to appreciate and understand the full potential...
  1. Listed by Nick Libert • EXIT Strategy Realty
  2. Listed by Caroline Crawford • Exit Strategy Realty

Property Details for 33 East Division Street

Area
CHI - Near North Side
Township
North Chicago
Ownership
Fee Simple
Num Of Garage Spaces
4.0
Num Of Parking Spaces
4.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air, Zoned
Architectural Style
Greystone
LISTING UPDATED: 02/18/2025 02:21 AM

Property Details for 33 East Division Street

StatusActive
MLS #12271730
Days on Market35
Taxes$17,338 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1881
Lot Size0.04 AC / 1,742 SF
CountyCook County

Building Information for 33 East Division Street

Stories-Residences4Year Built1881Building Size-Lot Size0.04 AC / 1,742 SF

Property Information for 33 East Division Street

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Ogden Elementary
  • Jr High Middle School: Lincoln Park High School
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s), 7 Foot or more high garage door
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 14
  • Bedrooms (Below Grade): 0
  • Community Features: Gated
  • Bath Amenities: Separate Shower,Steam Shower,Soaking Tub
  • Basement Type: Full, English
  • Bedrooms Possible: 7
  • Basement Description: Exterior Access, Rec/Family Area, Storage Space
  • # Full Baths in Building: 7
  • # Half Baths in Building: 0
  • Room Type: Den, Gallery, Great Room, Loft, Utility Room-1st Floor
  • Num of Baths: 7.0
Exterior Features
  • Patio And Porch Features: Deck
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • Exterior Property Features: Balcony, Outdoor Grill
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 24X90
  • Total # Units in Building: 4.0
  • Other Structures: Garage(s), Storage
  • Waterfront: No
  • Exterior Building Type: Brick, Stone, Limestone
  • Foundation Details: Brick/Mortar, Concrete Perimeter, Stone
  • General Information: Commuter Bus,Historical District
  • North Coordinate: 1200
  • South Coordinate: 0
  • East Coordinate: 33
  • West Coordinate: 0
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 7
  • Document Date: 2025-01-15T21:52:09
  • Photos Count: 33
  • OpenHouse Count: 3
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $6,400.00
  • Fuel Expense: $1,900.00
  • Gross Income: $140,480.00
  • Insurance Expense: $6,000.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Water Expense Source: Actual
  • Net Operating Income: $140,480.00
  • Professional Management Expense: $.00
  • Water Sewer Expense: $1,700.00
Unit 1
  • Unit Type Actual Rent: $2,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Lease Expiration Date: VAC
Unit 2
  • Unit Type Actual Rent: $2,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 04/25
Unit 3
  • Unit Type Actual Rent: $4,500.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: MO/MO
Unit 4
  • Unit Type Actual Rent: $5,000.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 04/25

Property History for 33 East Division Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 33 East Division Street

Taxable ValueLand$50,725Additions$125,275Total$176,000
Tax Record2022$17,649 ($1,471 / month)
Home Facts
Baths4Total Finished SqFt3,585 SqFtAbove Grade Finished SqFt3,585 SqFtStories3Lot Size2,029 SqFtStyleMulti-Family Res (5+ Units)Year Built1883CountyCOOKAPN17-03-200-060Fireplace TypeHas Fireplace

Schools near 33 East Division Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Ogden Elementary School
PublicPK to 8

Lincoln Park High School
Public9 to 12

Salazar Elementary Bilingual Center
PublicPK to 8

Payton College Preparatory High School
Public9 to 12

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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33 East Division Street is a multi-family home for sale in Chicago, IL 60610. This property was listed for sale on January 15, 2025 by EXIT Strategy Realty, it's currently listed at $3,699,000. This listing's school district is Chicago Public Schools. Nearby schools include Ogden Elementary School, Lincoln Park High School and Salazar Elementary Bilingual Center. 33 East Division Street is a 7-bed, 7-bath, 6,650 sqft multi-family home built in 1881.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXIT Strategy Realty; Exit Strategy Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 02/18/2025 02:21 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.