$2,225,000
11 Beds
Bath
SqFt
Acre Lot
Sqft Lot
Status Active
Property Type Two To Four Units
Year Built
Neighborhood
Days on Website 109

Property Map

$2,225,000 – 1508 West Addison Street, Chicago, IL 60657

Street View

Courtesy of Compass.

Description

Here is an outstanding opportunity for an armchair investor. This completely gutted 4 unit building in the heart of Lakeview and Southport corridor offers 3 large 3 bed 2 bath homes and one 2 bed 2 bath unit. The building features all new electrical, windows, insulation, plumbing, hvac systems, etc… The interiors of each unit are finished with condo quality kitchens, including Fisher Paykel appliances, quarts counters and custom kitchen cabinetry. Each of the baths will include spa quality tile work with quartz counters and soft close cabinetry. Each unit will also offer in unit laundry and have large private outdoor space on a new steel decking system. This building is just steps from all of the best that Southport, Wrigley and Lakeview have to offer. Also just a few minutes from transportation. Building is complete and tenants are starting to move in.

Property Details and Features

Listing

  • Source: Midwest Real Estate Data, LLC
  • 2020-07-08
  • Exclusive Right To Sell

Bedrooms

  • 11 bedrooms
  • 3 bedrooms in unit 1
  • 3 bedrooms in unit 2
  • 3 bedrooms in unit 3
  • 2 bedrooms in unit 4

Bathrooms

  • Full/half bathrooms: 0
  • 8 full bathrooms in building
  • 2 full bathrooms in unit 1
  • 2 full bathrooms in unit 2
  • 2 full bathrooms in unit 3
  • 2 full bathrooms in unit 4

Location

  • 1508
  • CHI – Lake View
  • Cook

House

  • Built in U (approximate)
  • 4 units in building
  • 22 rooms
  • 6 rooms in unit 1
  • 6 rooms in unit 2
  • 6 rooms in unit 3
  • 4 rooms in unit 4
  • Unknown

Property

  • Two to Four Units

Lot

  • COMMON
  • Standard Chicago Lot

Appliances and Equipment

  • Stove
  • Refrigerator
  • Washer
  • Dryer
  • Dishwasher
  • Microwave
  • Disposal
  • Central Air Conditioner
  • Garage/Space
  • Laundry Hook-Up
  • Range Hood
  • Hardwood Floors
  • Walk-In Closet
  • Stove
  • Refrigerator
  • Washer
  • Dryer
  • Dishwasher
  • Microwave
  • Disposal
  • Central Air Conditioner
  • Garage/Space
  • Laundry Hook-Up
  • Range Hood
  • Hardwood Floors
  • Walk-In Closet
  • Stove
  • Refrigerator
  • Washer
  • Dryer
  • Dishwasher
  • Microwave
  • Disposal
  • Central Air Conditioner
  • Garage/Space
  • Laundry Hook-Up
  • Range Hood
  • Hardwood Floors
  • Walk-In Closet
  • Stove
  • Refrigerator
  • Washer
  • Dryer
  • Dishwasher
  • Microwave
  • Disposal
  • Central Air Conditioner
  • Laundry Hook-Up
  • Range Hood
  • Walk-In Closet

Garage

  • Detached
  • 3 garage spaces

Parking

  • 3 cars
  • Garage

Heating

  • Gas
  • Forced Air

Utilities

  • Sewer-Storm
  • Lake Michigan

Exterior Features

  • Brick

Basement

  • Finished
  • English

Schools

  • Elementary school: Blaine Elementary School
  • Elementary school district: 299
  • Middle school district: 299
  • High school district: 299

Taxes

  • NEW
  • Tax year: 2018

Miscellaneous

  • School Bus Service
  • Commuter Bus
  • Commuter Train
  • Interstate Access
  • Unit 1 rent: $3,700
  • Unit 2 rent: $3,850
  • Unit 3 rent: $4,050
  • Unit 4 rent: $2,700
  • Unit 1 security deposit: 0
  • Unit 2 security deposit: 0
  • Unit 3 security deposit: 0
  • Unit 4 security deposit: 0
  • Electric
  • Gas
  • Heat
  • Other
  • Electric
  • Gas
  • Heat
  • Other
  • Electric
  • Gas
  • Heat
  • Other
  • Electric
  • Gas
  • Heat
  • Other

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