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About This Home
This 0-bedroom, 0-bathroom commercial at 163 W Division Street in Chicago, IL is listed for $3,275,000. Built in 1973, on a 0.34 acres lot.
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.
Key Features
- Built in 1973
- 0.34 acre lot
- 3 stories
Property Details
Monthly Cost Estimate
$17,515/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
163 W Division Street
Chicago, IL 60610
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 163 W Division Street is listed at $3,275,000. The estimated monthly payment is $14,192 based on 20% down at 6.5% interest.
Key features include: Built in 1973, 0.34 acre lot, 3 stories.
This property is listed by Yehuda Cohen and can be reached at (312) 265-8000 or yehuda.cohen@bairdwarner.com.
