163 W Division Street, Chicago, IL 60610

Building Details

Year built

1973

Floors in Building

3

Number of units

33

Listing agent Yehuda Cohen License #471005902 Show Phone

Listing office Baird & Warner i***@dreamtown.com 4553 N Lincoln Ave, Chicago, IL Show Phone

Listing date Apr 23, 2026

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MLS# 12623413

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Overview

This portfolio investment, situated at 163 Division Street in Chicago, IL 60610, is comprised of 5 apartment units and 2 commercial condos. It is positioned at the intersection of the Gold Coast and Old Town, two of Chicago's most coveted submarkets. The offering 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 a significant ownership percentage of the condominium association, providing meaningful influence over governance and long-term asset strategy. The property offers both durable in-place income and compelling embedded land value. The commercial component, totaling approximately 1,560 square feet, is currently occupied by a busy Asian Wok sit-in and take-out restaurant. The residential units comprise a mix of one- and two-bedroom layouts. This dual-income stream provides diversification across tenant profiles and revenue sources. The lot size is 0.3421 acres.

Suggested Use

(Bike/Boat/Book/etc) Store Daycare Center Nursing Home Restaurant Food Market Auto Parts Store Butcher Nursing Home Mobile Phone Store Tattoo & Piercing Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.6337907

Latitude

41.9036704

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FAQs

What type of property is this?

Mixed-use property - Portfolio investment in prime Chicago location with mixed-use asset.

Where is this mixed-use 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 investment opportunity with 5 apartment units and 2 commercial condos.; Located at the intersection of the Gold Coast and Old Town, two highly desirable Chicago submarkets.; Significant ownership percentage in the condominium association, allowing influence over governance.