163 W Division Street, Chicago, IL 60610

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CommercialFor Sale

$2,950,000

163 W Division Street

Chicago, IL 60610

Courtesy of Aw Properties Global/Auction Works

Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID

Est. Mortgage

$15,327/mo

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.

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