163 W Division Street Chicago, IL $ 3,275,000
163 W Division Street
$ 3,275,000
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163 W Division Street

Chicago, IL, 60610
$ 3,275,000
Bedrooms-- Baths--

Monthly Estimate*

$ 20,165

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Commercial Property for sale in Chicago, IL

for $3,275,000. This building was built in 1973 on a lot size of 0.342057.

Portfolio investment comprised of 5 Super Host Airbnb 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-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.

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Commercial Active

Price

$ 3,275,000

Property Type

Commercial

Taxes

$ 81,302

Style

Lot Size

0.342057

Year Built

1973

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12623413

Features
General
Cooling Wall Sleeve
Year Built 1973
Electric Circuit Breakers
Tenant Pays Electricity
Stories Count 3
Property Subtype Mixed Use
Tax Year 2024
Gross Income 372328
Additional Parcels Description 17044040261003 17044040261013 17044040261016 17044040261017 17044040261025 17044040261032
County Cook
Net Operating Income 247503
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status New
Directions SE Corner of Division and Wells
City Chicago
Number Of Units Total 33
MLS Area CHI - Near North Side
Lot Size Square Feet 14900
Tax Annual Amount 81302.22
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Lot Dimensions 100X149
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* Excluded Features
List By
Baird & Warner

Broker

yehuda.cohen@bairdwarner.com

Email

Affordability Calculator

$26,940
Per Month
75%
25%
0%
Monthly Principal & Interest
$20,165
Monthly Property Taxes
$6,775
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2026$3,275,000 Listed Price

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163 W Division Street, Chicago, IL, 60610 is a Commercial Property for sale at $3,275,000 with a lot size of 0.342057. 163 W Division Street was built in 1973. The property's zip code is 60610 which is in Chicago, IL