Active · For Sale · Multi Family 5+

2835 W Division Street, Chicago, IL 60622

MLS #12770010

2835 W Division Street, Chicago, IL 60622
2835 W Division Street, Chicago, IL 60622CRER
2835 W Division Street, Chicago, IL 60622

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2835 W Division Street, Chicago, IL 60622

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The property

Executive summary

Exceptional boutique multifamily investment prominently positioned in Chicago's highly desirable East Humboldt Park neighborhood. Completed in 2016, this newer-construction property comprises eight luxury apartments, including six two-bedroom units and two expansive four-bedroom duplexes. All the units feature thoughtfully designed floor plans with spacious, open-concept living areas, abundant natural light, and private balconies overlooking Humboldt Park. The property also features eight on-site parking spaces, including five indoor and three exterior spaces. Each apartment features high-end interior finishes, including custom kitchens with quartz countertops, oversized islands, stainless steel appliances, custom cabinetry, spacious primary suites, designer bathrooms with oversized glass-enclosed showers, in-unit laundry, gas fireplaces, and individually controlled HVAC systems. Surrounded by a growing collection of restaurants, cafes, breweries, entertainment venues, and boutique retail throughout East Humboldt Park, Wicker Park, and Ukrainian Village.

Investor Resource

Property Intelligence

Financial Snapshot

Reported Annual Income
$332,400
Reported Annual Expenses
$65,004
Estimated NOI
$267,396
Estimated Cap Rate
6.52%
Estimated GRM
12.33
Annual Taxes
$23,388 (2025)

Property Details

Units
8
Lot Acreage
0.16
Lot Dimensions
52x139
Stories
4
Year Built
2016
Building Age
7-15 Years
Construction
Brick, Block, Wood, Glass, Stone
Roof
Flat, Membrane
Zoning
MULTI
Parcel Number
16013030070000

Operations & Utilities

Heating
Forced Air, Gas, Separate Per Unit, Individual Furnaces
Cooling
Central Individual
Tenant Pays
Air Conditioning, Electricity, Heat, Hot Water
Electric
Circuit Breakers, Separate Meters
Water Source
Municipal Water
Utilities
Cable Available, Fiber
Possession
Closing

Location & Use

County
Cook
Market Area
Chicago - West Town
Township
West Chicago
Present Use
Multi-Family
Potential Use
Multi-Family
Location
Park Adjacent, Public Transport Avail, Free Standing/Urban, In City Limits
Frontage
City Street, Alley Access

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.