Chicago Airbnb / Development Opportunity

163 W Division, Chicago, IL 60610

  • For Sale $3,200,000
  • Property Type Multi-Family
  • Property Size 5,660 SF
  • Units 7
  • Date Updated Jun 17, 2025
Discover the unparalleled vibrancy of Chicago's Near North Side from the strategic location of this property. Embrace the district's eclectic mix of upscale residences, boutique shops, and diverse dining options. Immerse yourself in the area's cultural scene with renowned landmarks like the Museum of Contemporary Art and the prestigious Newberry Library. This coveted location offers easy access to the bustling business district, making it an ideal choice for office building investment. From the iconic Magnificent Mile to the tranquil beauty of Lake Michigan, the area embodies the perfect fusion of commercial opportunities and urban sophistication.Explore an exceptional investment opportunity at this distinctive property, featuring 5 residential units, including 163 W Division Units 207, 210, 211, 305, and 312, as well as 2 commercial units located at 1143 N Wells and 1145 N Wells. This versatile property offers a unique blend of residential and commercial spaces in the heart of Chicago. Whether you're a specialized investor seeking to capitalize on the Airbnb market or looking to leverage prime commercial space, this property provides the flexibility and strategic positioning to fulfill your distinct investment objectives in the vibrant Chicago market.
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Highlights

  • Cashflow now
  • Development Opportunity
  • Gold Coast
  • Own more than 19% of the entire building - affording unique control
  • Own over 19% of the entire building
  • Zoned C1-5

Contacts

broker
Noah Ruggieri

SVN | North Star

Location

Getting Around

  • Walk Score ®

    99/100 Walker's Paradise

  • Transit Score ®

    90/100 Rider's Paradise

  • Bike Score ®

    87/100 Very Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Near North Side Chicago
  • Zip Code 60610
  • Market Chicago

Points of Interest

  • Chicago

    0.51 miles

  • Grand

    0.87 miles

  • Merchandise Mart

    1.04 miles

  • State/Lake

    1.27 miles

  • Clinton

    1.30 miles

  • Lake

    1.36 miles

  • Millennium Station

    1.41 miles

  • Morgan

    1.55 miles

  • Adams/Wabash

    1.71 miles

  • Quincy

    1.72 miles

  • BP

    0.50 miles

  • Shell

    0.51 miles

  • Exxon

    0.71 miles

  • Tesla Supercharger

    0.74 miles

  • City od Chicago Fuel Site 010

    1.10 miles

  • Volta

    1.76 miles

  • Blink

    1.76 miles

  • ChargePoint

    1.89 miles

  • Blink ParkChip Garage - 1035 Van Buren

    2.11 miles

  • Electrify America

    2.14 miles

  • Moody Church Parking Lot

    0.54 miles

  • John Hancock Parking

    0.69 miles

  • Chicago History Museum

    0.74 miles

  • Public Parking

    0.76 miles

  • Ohio Public Parking

    0.77 miles

  • North Avenue Beach

    0.78 miles

  • Grand Plaza parking

    0.83 miles

  • Huron-Superior Self Park

    0.83 miles

  • Rush-Ohio-Wabash Self Park

    0.85 miles

  • Anti-Cruelty Society Parking

    0.86 miles

  • Marshall Hotel

    0.08 miles

  • Hotel Indigo Chicago Downtown Gold Coast

    0.20 miles

  • Viceroy Chicago

    0.26 miles

  • Elms Hotel

    0.30 miles

  • Thompson Chicago

    0.36 miles

  • Waldorf Astoria Chicago

    0.42 miles

  • The Talbott Hotel

    0.44 miles

  • Sofitel Chicago Water Tower

    0.49 miles

  • The Walton Residence

    0.50 miles

  • The Whitehall Hotel

    0.53 miles

  • Sarpino's Pizzeria

    0.02 miles

  • Hashbrowns

    0.02 miles

  • Quiznos

    0.03 miles

  • Can't Believe It's Not Meat

    0.03 miles

  • Happy Camper Old Town

    0.05 miles

  • Glunz Tavern

    0.05 miles

  • Taqueria Express

    0.09 miles

  • Mr Gyros

    0.10 miles

  • Papa John's

    0.10 miles

  • China Doll

    0.12 miles

  • Salazar Bilingual Center

    0.14 miles

  • Walter Payton College Prep

    0.19 miles

  • Franklin Fine Arts Center

    0.21 miles

  • Ogden International School

    0.34 miles

  • Moody Bible Institute

    0.35 miles

  • Ogden International School: Jenner Campus

    0.36 miles

  • Manierre Elementary School

    0.43 miles

  • Le Cordon Bleu College of Culinary Arts

    0.46 miles

  • Latin School of Chicago

    0.51 miles

  • Loyola Law School

    0.57 miles

  • Cornerstone Children's Learning Center

    0.08 miles

  • Bright Horizons

    1.43 miles

  • The Goddard School

    1.86 miles

  • Sonnets Academy

    1.93 miles

  • Kids & Company

    1.96 miles

  • LadyBug and Friends Daycare & Preschool

    1.98 miles

  • John & Mary Madden Center

    2.02 miles

  • Everbrook Academy

    2.09 miles

  • Blocks Child Care Center

    2.12 miles

  • Kid City

    2.24 miles

Frequently Asked Questions

How much does Chicago Airbnb / Development Opportunity cost?

The space currently listed for sale at Chicago Airbnb / Development Opportunity asks for $3,200,000.

What is the total square footage of Chicago Airbnb / Development Opportunity?

Chicago Airbnb / Development Opportunity totals 5,660 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Noah Ruggieri

SVN | North Star

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