3245 W Division Street
Chicago, IL, 60651
$1,050,000
8 Beds
4 Baths
0 SqFt
0.09 Acres
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$1,050,000
3245 W Division Street
Chicago, IL, 60651
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Ideally located just steps from Humboldt Park, this rare income property features an oversized all-brick building on an extra-wide and extra-deep 30 x 130 lot in one of Chicago’s most dynamic neighborhoods, where rents are surging and investment momentum continues to accelerate. This fully leased investment property generates $107K in annual rent delivering strong, reliable cash flow from day one. All units have been extensively renovated within the last 2-7 years, featuring modern kitchens and baths, drywall, copper plumbing, and conduit electrical. Two front units boast fantastic private balconies, while two rear units feature enclosed porches that are ideal for additional storage or flexible living space. All four conforming, have separated utilities, gas forced-air heat, and central AC, & are fully leased. The garden unit is a value-add opportunity. Three-car parking pad on-site, with one space currently unrented allowing for easy additional income. Strong Cash Flow, Quality Bones, & Highly Renovated. This is a rare opportunity to own a high-performing asset in a corridor with genuine momentum, before the market catches up.

Property Details

Price:
$1,050,000
MLS #:
MRD12735942
Status:
Active Under Contract
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chihumboldtpark
Listed Date:
Aug 18, 2026
Year Built:
1915
Chi – Humboldt ParkChihumboldtpark

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Construction Materials
Brick
Exterior Features
Balcony
Parking Features
Off Alley, Yes, Owned
Parking Spots
3
Parking Total
3
Roof
Flat

Financial

Net Operating Income
$100,000
Tax Year
2025
Taxes
$10,136
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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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Current real estate data for Multi Family in Chicago as of Sep 09, 2026
1,396
Multi Family Listed
82
Avg DOM
$528,016
Avg List Price

Community

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Property Summary

    3245 W Division Street Chicago IL is a Multi Family for sale in Chicago, IL, 60651. It is listed for $1,050,000 To schedule a showing of MLS#mrd12735942 at 3245 W Division Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
3245 W Division Street
Chicago, IL