163 W Division Street
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.
- Quiznos 50 ft
- Hashbrowns 50 ft
- Sarpino's Pizzeria 100 ft
- Nepal House 100 ft
- Can't Believe It's Not Meat 150 ft
- Happy Camper Old Town 150 ft
- Sherry's Food Mart 50 ft
- Aldi 250 ft
- Jewel-Osco 600 ft
- Jewel-Osco 0.3 mi
- Green Apple Mini Mart 0.4 mi
- Millenial Mart 0.4 mi
- Seward Park 0.3 mi
- Mariano Park 0.3 mi
- Washington Square 0.4 mi
- Goudy Square Park 0.4 mi
- City Farm Park 0.4 mi
- Jesse White Park 0.5 mi
- Dialtone Coffee & Wine Bar 400 ft
- Starbucks 400 ft
- Dunkin' 750 ft
- Starbucks 0.2 mi
- The School House 0.2 mi
- Chicago tea house 0.3 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12623413