Active
New
33 E Division Street
Chicago IL, 60610
$3,699,000
Active
New
6 Beds
6 Baths
Multi-family
Built in 1881
Courtesy of EXIT Strategy Realty
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...
12271730
MLSⓇ ID
January 16, 2025
Listed
January 17, 2025
Updated
Map
33 E Division Street
Chicago IL, 60610
Interior Features
Bedrooms
6
Total Bathrooms
6
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas, Forced Air, Zoned
Exterior/Building Features
Lot Size
0.04 Acres
Exterior Features
Balcony, Deck, Outdoor Grill
Architectual Style
Greystone
Sewer
Public Sewer
School Information
School District
299
Elementary School
Ogden Elementary
Other Property Details
Area Name
CHI - Near North Side
Taxes
$17,338
Tax Frequency
Annually
Days on Market
3
Garage
Yes
Garage Spaces
4
Parking Total
4
View
No
County
Cook
Municipality
North Chicago
Water Source
Lake Michigan
Pool
No
Zoning
MULTI
Open House Schedule
Sat, Jan 18th
12:00 PM - 1:00 PM CST
Courtesy of EXIT Strategy Realty, Nick Libert,
Listing Contact: 312-554-5478
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Data last updated 5:37 PM UTC, 1/17/2025