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163 W Division Street, Chicago, IL 60610
$3,200,000
163 W Division Street, Chicago, IL 60610View this property at 163 W Division Street, Chicago, IL 60610
163 W Division StreetChicagoIL60610
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Property Description
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.
Full Property Details
Full Property Details for 163 W Division St
General
- Price: $3,200,000
- Taxes: $51,537 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 12004047
- Updated: 3/24/2024
- Added to Site: 40 day(s) ago
Additional Information
- Security/Safety: Alarm on Site, None
Location
- Area: CHI - Near North Side
- County: Cook
- Driving Directions: West on Division Street Right On To North Wells Street
- Location Details: Downtown Chicago
Heating & Cooling
- Cooling Type: Central Air Conditioning, Wall Sleeve
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 3
- # of Stores: 5
- Year Built: 1973
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 14,900
- Lot Dimensions: 100 x 149
Financial Considerations
- Security Deposit: Alarm On Site, None
- Assessment Year: 1973
- Tax Amount: $51,537.2
- Tax Year: 2022
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 17044040090000
Listed by Compass and AW Properties Global/Auction Works
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Schools
Schools serving 163 W Division St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
24 W Walton St, Chicago, IL 60610 | PK-8 | 0.3 mi | |
2001 N Orchard St, Chicago, IL 60614 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 163 W Division St
Date
Details
Price
Change
Source
3/18/2024
Listed
$3,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 163 W Division St
Year
Property Taxes
Change
Tax Assessment
Change
2022
100%
100%
2021
100%
100%
2020
100%
100%
2019
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 163 W Division St
163 W Division Street, Chicago, IL 60610 (MLS# 12004047) is a Commercial property. 163 W Division Street is currently listed for $3,200,000 and was received on March 18, 2024. Want to learn more about 163 W Division Street? Do you have questions about finding other Commercial real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.