1508 West Addison Street

1508 W Addison St Chicago, IL 60613

$2,225,000
Price
11
Beds
8
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...

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

Property Details for 1508 West Addison Street

StatusActive
MLS #10773732
Days on Market148
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built-
Lot Size-
CountyCook County

Building

Listing Agent

Contact Agent(s)

Location

Listing Agent

  1. Jamie Connor

    Listing Agent

    Compass

Building Information for 1508 West Addison Street

Stories3Residences-Year Built-Building Size0' x 0'Building Sq. Ft0 SFLot Size-

Payment Calculator

$7,457 per month

30 year fixed, 2.95% Interest

Principal and Interest

$7,457

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: 0
    Utilities / Equipment
  • Sewer: Sewer-Storm
  • Water: Lake Michigan
    Basement Information
  • Basement Type: English
  • Basement Description: Finished
Property/Lot Information
    Virtual Tour/Additional Media
  • Virtual Tour YN: true
    General Information
  • Property Type: Two to Four Units
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Waterfront: No
  • North Coordinate: 3600
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1508
  • Street Number Numeric: 1508
  • Street Direction Prefix: West
  • Street Name: Addison
    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
  • 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 1 - 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 2 - 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 3 - 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 4 - 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 W Addison St

DateEvent & SourcePriceAppreciation
Jul 8, 2020

Cancelled

MRED #10560388

Jul 8, 2020

Listed (Active)

MRED #10773732

$2,225,000
Jun 26, 2020

Temporarily No Showings

MRED #10560388

DateEvent & SourcePrice
07/08/2020

Cancelled

MRED #10560388

07/08/2020

Listed (Active)

MRED #10773732

$2,225,000
06/26/2020

Temporarily No Showings

MRED #10560388

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$24,000Additions$50,000Total$74,000
Tax Record2018$14,617 ($1,218 / month)
Home Facts
Baths4Total Finished SqFt5,684 SqFtAbove Grade Finished SqFt5,684 SqFtStories3Lot Size3,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1911CountyCOOKAPN14201200270000

Schools near 1508 West Addison Street


SchoolTypeGradesDistanceRating
St Andrew SchoolPrivatePK-80.3 mi
NR
Blaine Elementary SchoolPublicPK-80.3 mi
6
St Luke AcademyPrivatePK-80.5 mi
NR
Lake View High SchoolPublic9-120.6 mi
3

St Andrew School

PK-8, 0.3 mi, Private

NR

Blaine Elementary School

PK-8, 0.3 mi, Public

6

St Luke Academy

PK-8, 0.5 mi, Private

NR

Lake View High School

9-12, 0.6 mi, Public

3

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.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1508 West Addison Street is a multi-family home for sale in Chicago, IL 60613. This property was listed for sale on July 8, 2020 by Compass at $2,225,000. It has been on the market for a total of 148 days and was last sold on January 16, 2019. This listing's school district is City Of Chicago School District 299. 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. This address can also be written as 1508 W Addison St.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

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