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Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 12623413MLS Provider

163 W Division StreetChicago, IL 60610

Commercial
$3,275,000 Active

163 W Division Street Overview

Time on Site:
67 days
Visits:
0

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.

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163 W Division Street Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 372328
  • Gross Scheduled Income: 372328
  • Insurance Expense: 0
  • Net Operating Income: 247503
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1973

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Near North Side

Rent/Lease Information

  • Tenant Pays: Electricity

Tax Information

  • Tax Annual Amount: $81,302.22
  • Tax Year: 2024

General Information

  • Parcel Number: 17044040261002
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale

Interior

General Information

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 100X149
  • Lot Size Square Feet: 14900

General Information

  • Number Of Units Total: 33

163 W Division Street Neighborhood

Community

60610 (CHICAGO) Demographics

33
Median Age
25,407
Population Density (per sq. mile)
80%
College Educated
$95,994
Estimated Median Income
9,370
Estimated Total Home Owners
14,907
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

163 W Division Street Monthly Cost

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$ %
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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

163 W Division Street Market Data

Based on the last 30 days in this zip code

$1,061,067
Average List Price
$632
Average Price per Square Foot
71
Properties Sold
76
Average Days on Market
221
Properties for Sale
Calculations provided by Reliance Network

163 W Division Street History

Date Event Value Agent
4/28/2026Source: MRED Status Change
Active
4/23/2026Source: MRED Added to Database
April 23, 2026