Mixed-Use Investment Opportunity in
163 W Division Street, Chicago, IL 60610
COMMERCIAL - Chicago, IL
Property size:
1,560 SFLot size:
0.34 AcresPrice / SF:
$2,099/SF- Added:
- Apr 23, 2026
- Days on Market:
- 23
- Last Refresh:
- May 15 at 6:06 pm
Property Features for 163 W Division Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 17044040261002
- Size
- 1,560 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 81302
Building Details
- Year built
- 1973
- Floors in Building
- 3
- Number of units
- 33
Listing agent Yehuda Cohen License #471005902 (312) 265-8000
Listing office Baird & Warner 4553 N Lincoln Ave, Chicago, IL (773) 326-6500
Listing date Apr 23, 2026
MLS# 12623413
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Portfolio of 5 Super Host Airbnb units and 2 commercial condos in prime Gold Coast/Old Town location.
- Significant ownership percentage in the condominium association, providing influence over governance.
- Dual‑income stream from residential and commercial units provides diversification.
- High‑performing Airbnb units with strong occupancy and premium nightly rates.
- Commercial component is a busy, established restaurant.
- Limited remaining development parcels offer durable income and embedded land value.
Overview
This portfolio investment, situated at 163 Division Street in Chicago, is comprised of five Super Host Airbnb units and two commercial condos. It is positioned at the intersection of the Gold Coast and Old Town, offering 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 a significant ownership percentage of the condominium association, providing meaningful influence over governance and long-term asset strategy. The property benefits from both durable in-place income and compelling embedded land value. The commercial component, totaling approximately 1,560 square feet, is a busy Asian wok-dish sit-in and take-out restaurant. The residential units, comprising a mix of one- and two-bedroom layouts, are currently operated as high-performing Super Host Airbnb short-term rentals (of month plus tenancy), benefiting from strong occupancy and premium nightly rates driven by the property's premiere location and turnkey positioning. This dual-income stream provides diversification across tenant profiles and revenue sources. The lot size is 0.3421 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Chicago Apartment Seekers
Real Estate Agency
Winning Edge Properties
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6337907
- Latitude
- 41.9036704
Nearby Similar for Sale
FAQs
What type of property is this?
Short term rental property - Portfolio of Airbnb units and commercial condos in prime location.
Where is this short term rental property located?
The property is located at 163 W Division Street Chicago, IL.
What is the asking price?
The asking price for this property is $3,275,000.
What are key features of this property?
This property features: Portfolio of 5 Super Host Airbnb units and 2 commercial condos in prime Gold Coast/Old Town location.; Significant ownership percentage in the condominium association, providing influence over governance.; Dual‑income stream from residential and commercial units provides diversification.
