33 E Division ST Open House Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60610
OPEN HOUSE
Sat Jan 25, 12:00pm - 1:00pm
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12271730
Style Greystone
Bedrooms 6
Year Built 1881
Annual Tax Amount $17,337
Tax Year 2023
Lot Size 1,742 Sqft
Lot Dimensions 24X90
Property 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...
Location
State IL
County Cook
Area Chi - Near North Side
Zoning MULTI
Rooms
Basement Full,English
Interior
Heating Natural Gas,Forced Air,Zoned
Fireplace N
Exterior
Exterior Feature Balcony,Deck,Outdoor Grill
Parking Features Attached
Garage Spaces 4.0
Community Features Gated
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Ogden Elementary
Middle Schools Lincoln Park High School
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None