33 E Division Street
Chicago, IL, 60610
$3,699,000
6 Beds
6 Baths
0 SqFt
0.04 Acres
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$3,699,000
33 E Division Street
Chicago, IL, 60610
MLS #MRD12271730 img 0MLS #MRD12271730 img 1MLS #MRD12271730 img 2MLS #MRD12271730 img 3MLS #MRD12271730 img 4MLS #MRD12271730 img 5MLS #MRD12271730 img 6MLS #MRD12271730 img 7MLS #MRD12271730 img 8MLS #MRD12271730 img 9MLS #MRD12271730 img 10MLS #MRD12271730 img 11MLS #MRD12271730 img 12MLS #MRD12271730 img 13MLS #MRD12271730 img 14MLS #MRD12271730 img 15MLS #MRD12271730 img 16MLS #MRD12271730 img 17MLS #MRD12271730 img 18MLS #MRD12271730 img 19MLS #MRD12271730 img 20MLS #MRD12271730 img 21MLS #MRD12271730 img 22MLS #MRD12271730 img 23MLS #MRD12271730 img 24MLS #MRD12271730 img 25MLS #MRD12271730 img 26
Own a landmark & consider your options with this incredible blue chip investment piece! Already a solid multi unit building generating income, you could convert portions of this gem to Airbnb or bed & breakfast and triple the income OR de-convert to Luxury Single Family and build on the rich history and incredible craftsmanship–they don’t built it like this anymore! This Gold Coast Historical Greystone lovingly built by Potter Palmer in 1888 boasts approximately 7000 square feet , on a 24 x 90 foot lot; 4 rental units, plus a 4 car garage. The units can be converted into a single family, or maybe its an 8 unit rental building. All options are on the table! This is a great opportunity as while all units are currently rented, some leases are month to month or flexible to be bought out. 7 bedrooms and 6 bathrooms, beautifully restored moldings, the millwork alone will make your heart sing–hardwood flooring and 9 marble wood burning fireplaces will delight your senses. This historic home is the epitome of gilded age opulence. Five levels are currently divided into three apartments, offering a myriad of living options. Convert back to a magnificent single family home or capitalize on the amazing rental income in the desirable Gold Coast neighborhood with this epic location. Each unit currently has its own kitchen and front facing spacious living room; the third and fourth floor kitchens could easily be removed for additional bedrooms or living spaces. Many rooms have their original, or restored, fireplaces, carved oak mantles, and crown moldings. This home also offers a a 20x 15 private rooftop deck, several private balconies, and a lower level can be used as an office space. Three large master suite complete this spectacular home. There are endless possibilities, and the “studio” unit has just been completely rehabbed. All offers will be considered and reviewed, seller is motivated for the right buyer to come and make this next chapter a part of Chicago’s compelling story. Must see to appreciate and understand the full potential…

Property Details

Price:
$3,699,000
MLS #:
MRD12271730
Status:
Active
Beds:
6
Baths:
6
Address:
33 E Division Street
Type:
Multi Family
Neighborhood:
CHI – Near North Side
City:
Chicago
Listed Date:
Jan 15, 2025
State:
IL
ZIP:
60610
Year Built:
1881

Schools

School District:
299
Elementary School:
Ogden Elementary
Middle School:
Lincoln Park High School

Interior

Heating
Natural Gas, Forced Air, Zoned

Exterior

Architectural Style
Greystone
Community Features
Gated
Exterior Features
Balcony, Deck, Outdoor Grill
Other Structures
Garage(s), Storage
Parking Spots
4

Financial

Net Operating Income
$140,480
Tax Year
2023
Taxes
$17,338
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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33 E Division Street
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