163 W Division Street
Chicago, IL, 60610
$3,275,000
Beds
0 Baths
0 SqFt
0 Acres
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$3,275,000
163 W Division Street
Chicago, IL, 60610
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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.

Property Details

Price:
$3,275,000
MLS #:
MRD12623413
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chinearnorthside
Listed Date:
Apr 23, 2026
Year Built:
1973
Chi – Near North SideChinearnorthside

Schools

Interior

Cooling
Wall Sleeve

Exterior

Stories
3

Financial

Net Operating Income
$247,503
Tax Year
2024
Taxes
$81,302
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Property Summary

    163 W Division Street Chicago IL is a Commercial for sale in Chicago, IL, 60610. It is listed for $3,275,000 To schedule a showing of MLS#mrd12623413 at 163 W Division Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
163 W Division Street
Chicago, IL