Under Contract

3245 W Division Street

Chicago, IL 60651
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Bed 8

Bed

Bath 4

Bath

Acres0.09

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,050,000

AD Id : 89675191

MLS Id : MRD12735942

Beds : 8

Lot Size : 0.09 Acre

Year Built : 1915

County : Cook

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Feature Features

  • Bedroom Information

    Total Bedroom: 8 Room Types: Enclosed Porch

    Bathroom Information

    Total Baths: 4

    Room Information

    Rooms Total: 20

    Interior Features

    Roof: Flat

    Roofing Information

    Flat
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Natural Gas, Forced Air WaterSource: Public

  • Building Information

    Year Built: 1915
  • Exterior Features

    Balcony Construction Materials: Brick Foundation Details: Concrete Perimeter

  • Lot Information

    Lot Dimensions: 3900 Lot Acres: 0.09 Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Residential Income Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$1050000

  • Tax Information

    Annual Tax: $10136 Tax Year: 2025 Parcel Number: 16024110020000

  • Utility Information

    Sewer: Public Sewer Water Source: Public
  • Location Information

    City: Chicago Direction: Division street, one block west of Kedzie and Humboldt Park
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1244 N Kedzie Avenue #1, Chicago, IL, 60651 $424,900 3 2 1,000 1,000 SqFt
1332 N Harding Avenue, Chicago, IL, 60651 $345,000 4 2 1,475 1,475 SqFt
3534 W Le Moyne Street, Chicago, IL, 60651 $675,000 4 3 2,100 2,100 SqFt
1237 N Harding Avenue, Chicago, IL, 60651 $489,900 8 3 --
3341 W Iowa Street, Chicago, IL, 60651 $424,000 3 3 2,000 2,000 SqFt
1506 N Mayfield Avenue, Chicago, IL, 60651 $469,000 9 3 --
1515 N Lawndale Avenue, Chicago, IL, 60651 $345,000 3 2 1,380 1,380 SqFt
3226 W Thomas Street, Chicago, IL, 60651 $640,000 8 3 --
4821 W Hirsch Street, Chicago, IL, 60651 $565,000 3 3 828 828 SqFt
1101 N Lawndale Avenue, Chicago, IL, 60651 $649,900 6 3 --
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ByOwner last updated this listing 08/28/2026 @ 06:20

MLS: MRED #12735942 LISTED BY: Greg Nagel, Ask Nagel 773-819-9210 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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