3245 W Division Street, Chicago, IL

$1,050,000

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8

Beds

0.09

Acres

About 3245 W Division Street

Ideally located just steps from Humboldt Park, this rare income property features an oversized all-brick building on an extra-wide and extra-deep 30 x 130 lot in one of Chicago's most dynamic neighborhoods, where rents are surging and investment momentum continues to accelerate. This fully leased investment property generates $107K in annual rent delivering strong, reliable cash flow from day one. All units have been extensively renovated within the last 2-7 years, featuring modern kitchens and baths, drywall, copper plumbing, and conduit electrical. Two front units boast fantastic private balconies, while two rear units feature enclosed porches that are ideal for additional storage or flexible living space. All four conforming, have separated utilities, gas forced-air heat, and central AC, & are fully leased. The garden unit is a value-add opportunity. Three-car parking pad on-site, with one space currently unrented allowing for easy additional income. Strong Cash Flow, Quality Bones, & Highly Renovated. This is a rare opportunity to own a high-performing asset in a corridor with genuine momentum, before the market catches up.

Features of 3245 W Division Street

MLS® # 12735942
Price $1,050,000
Bedrooms 8
Bathrooms 0.00
Acres 0.09
Year Built 1915
Type Residential Income
Sub-Type Two to Four Units
Status Contingent

Community Information

Address 3245 W Division Street
Area CHI - Humboldt Park
City Chicago
County Cook
State IL
Zip Code 60651

Amenities

Parking Spaces 3
Parking Off Alley, Yes, Owned
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air
Fireplace No
Has Basement Yes
Basement Partially Finished, Unfinished, Full

Exterior

Exterior Brick
Exterior Features Balcony
Roof Flat
Foundation Concrete Perimeter

School Information

District 299

Additional Information

Days on Market 6
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeAsk Nagel

Listing Map

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