MLS#12623413
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
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.
Property Features
Property Type: Commercial - Business
Cooling: Wall Sleeve
Lot Size: 0.34 Acres
Stories: 3.0
Taxes: $81,302
Year Built: 1973
Feature Descriptions
Electric: Circuit Breakers
Fire Protection: Alarm On Site
HVAC: Forced Air, Gas
Lot Dimensions: 100X149
Parcel#: 17044040261002
Tenant Pays: Electricity
Units: 33
Listed By / Shown By
Listed By
Agency Name: Baird & Warner
Agency Phone: 773-326-6500
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
© 2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered marks of HomeServices of America, Inc. ®
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Based on information submitted to the MLS GRID. 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.
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163 W Division Street | MLS# 12623413
This commercial property located at 163 W Division Street, Chicago, IL 60610 is currently listed for sale with an asking price of $3,275,000. Search Chicago real estate on www.bhhscrosby.com today.