33 E Division Street Chicago, IL 60610

Multi-Family (2-4 Units) MLS #: 12271730 Courtesy Of Exit Strategy Realty

$3,699,000

6 beds
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Est. Property Tax: $17,337
Estimated monthly payments: $17,614/mo.* (recalculate)

Property InformationDescription

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...

Features

  • Age: Over 50 Years Old
  • Amenities: Deck, Dock
  • Architecture Style: Other
  • Exterior Type: Brick, Stone
  • Heating System: Forced Air, Zoned
  • Lot Size: 0.04 Acres
  • Rooms: Den, Great Room, Loft

Open Houses

Saturday, January 25, 2025, 1:00 PM - 2:00 PM

MAP & DIRECTIONS

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33 E Division Street, Chicago, IL 60610
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School Information

33 E Division Street, Chicago, IL 60610

Elementary School
Grades KG-8 | Public School
OGDEN ELEMENTARY SCHOOL
Chicago, IL 60610
24 W Walton St
773.­534.8110
Distance: 0.3 mi
School Rating
C+
Total Students
972
Middle School
Grades KG-8 | Public School
OGDEN ELEMENTARY SCHOOL
Chicago, IL 60610
24 W Walton St
773.­534.8110
Distance: 0.3 mi
School Rating
C+
Total Students
972
High School
Grades 9-12 | Public School
LINCOLN PARK HIGH SCHOOL
Chicago, IL 60614
2001 N Orchard St
773.­534.8130
Distance: 1.4 mi
School Rating
A
Total Students
2149
Other Nearby Schools Distance Type Grades School Rating
Salazar Elementary Bilingual Center 0.4 mi Public PK-8 C+
Payton College Preparatory High School 0.4 mi Public 9-12 A+
Latin School Of Chicago Lower 0.5 mi Private KG-4
Franklin Elementary Fine Arts Center 0.5 mi Public KG-8 A
Frances Xavier Warde School 0.5 mi Private PK-8
Catherine Cook School 0.5 mi Private PK-8
The Latin School Of Chicago 0.5 mi Private PK-12
Latin School Of Chicago Upper 0.5 mi Private PK-4
Lincoln Park Preschool And Kindergarten 0.5 mi Private PK-KG
Gold Coast Preparatory (formerly Chicago Grammar School) 0.6 mi Private PK-8
Immaculate Conception School 0.6 mi Private PK-8
Manierre Elementary School 0.7 mi Public PK-8 F
Lasalle Elementary Language Academy 0.9 mi Public KG-8 B-
Skinner North Elementary School 0.9 mi Public KG-8 A+
Guidepost Montessori At Magnificent Mile 0.9 mi Private PK
Skinner Elementary School 1.0 mi Public PK-5 A
Cics - Quest North Campus 1.0 mi Public 9-12
Noble St Charter-the Noble Academy 1.0 mi Public 9-12 C-
Jenner Elementary Academy Of The Arts 1.0 mi Public PK-8
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Chicago, IL 60610

Median Age: 37.5
Married: 22%
Number of Households: 25,457
Households with Children: 8.6%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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