1508 West Addison Street

Chicago, IL 60613

$2,258,500
Price
11
Beds
8
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Property Details for 1508 West Addison Street

StatusActive
MLS #10560388
Year Built-
DOM88
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Lot Size-
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyCook County

Listing Agent

Contact Agent(s)

Property Details for 1508 West Addison Street

Area
CHI - Lake View
Ownership
Fee Simple
Num Of Garage Spaces
3
Heat/Fuel
Gas, Forced Air
City
Chicago

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.

Location

Listing Agents

  1. Jamie Connor

    Listing Agent

    Compass

  2. Megan Honda

    Alternative Listing Agent

    Compass

Building Information for 1508 West Addison Street

Stories-Residences4Year Built-Building Size-Lot Size-

Payment Calculator

$8,123 per month

30 year fixed, 3.51% Interest

Principal and Interest

$8,123

Property Taxes

HOA Dues

$0

Similar Homes

Property Information for 1508 West Addison Street

Interior Features
    Interior Features
  • Num Of Rooms: 22
  • Bedrooms All Levels: 11
  • Bedrooms Above Grade: 11
  • Bedrooms Below Grade: 0
  • Total Full Half Baths: 8
    Utilities / Equipment
  • Sewer: Sewer-Storm
  • Water: Lake Michigan
    Basement Information
  • Basement Type: English
  • Basement Description: Finished
Property/Lot Information
    General Information
  • Property Type: Two to Four Units
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Waterfront: No
    Parking Information
  • Num Of Cars: 3
  • Garage On Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking Type: Garage
    Structure Information
  • New Construction YN: No
  • Total # Units in Building: 4
  • Age: Unknown
  • Exterior Building Type: Brick
  • Rebuilt: Yes
  • Rebuilt Year: 2019
  • Rehabilitated: Yes
  • Rehab Year: 2019
  • Approx Year Built: U
  • Built Before 1978: Yes
    Location Information
  • Corporate Limits: Chicago
  • Directions: Addison between Southport and Ashland
  • Township: Lake View
    Lot Information
  • Lot Dimensions: COMMON
  • Lot Size: Standard Chicago Lot
    School Information
  • Elementary School District: 299
  • Elementary School: Blaine Elementary School
  • Jr High Middle District: 299
  • High School District: 299
Multi-Unit 2-4 Information
    Building Information
  • Type Multi: 4 Flat
  • Num of Full Baths in Building: 8
  • Num of Half Baths in Building: 0
  • 3 Bedroom Unit In Bldg: Yes
    Unit 1 Information
  • Appliances/Features: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Range Hood, Hardwood Floors, Walk-In Closet
  • Num Of Full Baths: 2
  • Num Of Half Baths: 0
  • Floor # - Unit 1: 1
  • Rent: 3700
  • Sec Deposit: 0
  • Tenant Pays: Electric, Gas, Heat, Other
  • Num Of Bdrms: 3
  • Num Of Rooms: 6
    Unit 2 Information
  • Appliances/Features: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Range Hood, Hardwood Floors, Walk-In Closet
  • Num Of Full Baths: 2
  • Num Of Half Baths: 0
  • Floor # - Unit 2: 2
  • Rent: 3850
  • Sec Deposit: 0
  • Tenant Pays: Electric, Gas, Heat, Other
  • Num Of Bdrms: 3
  • Num Of Rooms: 6
    Unit 3 Information
  • Appliances/Features: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Range Hood, Hardwood Floors, Walk-In Closet
  • Num Of Full Baths: 2
  • Num Of Half Baths: 0
  • Floor # - Unit 3: 3
  • Rent $: 4050
  • Sec Deposit: 0
  • Tenant Pays: Electric, Gas, Heat, Other
  • Num Of Bdrms: 3
  • Num Of Rooms: 6
    Unit 4 Information
  • Appliances/Features: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Laundry Hook-Up, Range Hood, Walk-In Closet
  • Num Of Full Baths: 2
  • Num Of Half Baths: 0
  • Floor # - Unit 4: L
  • Rent: 2700
  • Sec Deposit: 0
  • Tenant Pays: Electric, Gas, Heat, Other
  • Num Of Bdrms: 2
  • Num Of Rooms: 4
    Income / Expense Information
  • Total Rental Income: 14350

Property History for 1508 West Addison Street

DateEvent & SourcePriceAppreciation
Oct 29, 2019Listed (Active)

MRED #10560388

$2,258,500
Jan 16, 2019Sold (Public Records)

Public Record #637753810

$1,000,000
May 23, 2018Sold

MRED #09915433

$740,000
DateEvent & SourcePrice
10/29/2019
Listed (Active)

MRED #10560388

$2,258,500
01/16/2019
Sold (Public Records)

Public Record #637753810

$1,000,000
05/23/2018
Sold

MRED #09915433

$740,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1508 West Addison Street

Taxable ValueLand$21,000Additions$91,221Total$112,221
Tax Record2017$24,157
Home Facts
Baths4Finished Sq.Ft.5,684 SqFtStories3Lot Size3,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1911CountyCOOKAPN14201200270000

Schools near 1508 West Addison Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
St Andrew SchoolPrivatePK-80.3 mi
NR
Blaine Elementary SchoolPublicPK-80.3 mi
7
St Luke AcademyPrivatePK-80.5 mi
NR
Lake View High SchoolPublic9-120.6 mi
4

St Andrew School

PK-8, 0.3 mi, Private

NR

Blaine Elementary School

PK-8, 0.3 mi, Public

7

St Luke Academy

PK-8, 0.5 mi, Private

NR

Lake View High School

9-12, 0.6 mi, Public

4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

1508 West Addison Street is a multi-family home for sale in Chicago, IL 60613. This property was listed for sale on October 29, 2019 by Compass at $2,258,500. It has been on the market for a total of 87 days and was last sold on January 16, 2019. Nearby schools include Alphonsus Academy & Center For The Arts, Jackson A Elementary Language Academy and Vaughn Occupational High School. 1508 West Addison Street is a 11-bed, 8-bath, multi-family home.

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