$3,699,000
 $19,857 est/mo Sourced by Back At You

33 E Division Street , Chicago, IL 60610

Chicago, IL 60610

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Description

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...

Details

MLS#12271730
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1881
Days On Site26
Listing Provided ByEXIT Strategy Realty | Nick Libert

Features

Bed(s)6
Bath(s)6
Garage4
BasementY
ZoningMULTI
Acreage0.04

Market Activity 60610

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60610
AreaCHI Near North Side
School District299
Elementary SchoolOgden Elementary
Middle SchoolLincoln Park High School
High School299
Listing VS Median (in 60610)
Price:
$3,699,000
low | high
Med:
$422,500
100% of Average
On Site:
26
low | high
Med:
82.500000
31.515151515152% of Average
Sourced by Back At You
Listing Updated: February 8, 2025 at 6:27:28 PM PST