163 Division Chicago, IL 60610, Chicago , 60610
Listing ID: MRD12004047
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$3,200,000
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Built: 1973
Listed: 6 months ago
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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.

Other located at 163 Division Chicago, IL 60610. The property was built in 1973. 163 Division Chicago, IL 60610 is in the CHI - Near North Side neighborhood. CHI - Forest Glen , CHI - Avondale , and CHI - West Englewood are nearby neighbourhoods.
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Listed by: Compass Real Estate AW Properties Global/Auction Works
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JL
Jeffrey Lowe
(312) 264-1122

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JL
Jeffrey Lowe
(312) 264-1122
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
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