$3,699,000
33 E Division Street
Chicago, IL, 60610
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
Tax Year
2023
Taxes
$17,338
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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Courtesy of EXIT Strategy Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Chicago, IL. All rights reserved.
33 E Division Street
Chicago, IL
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