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$ 2,195,000
Est. payment /mo
New
1116 W Addison Street Chicago, IL 60613
7 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12408879
Bedrooms 7
Year Built 1996
Annual Tax Amount $23,947
Tax Year 2023
Lot Dimensions 25 X 125
Property Sub-Type Two to Four Units
Property Description
Prime Lakeview location just steps from iconic Wrigley Field! This beautifully renovated 3-flat offers a rare opportunity to own a turnkey, income-generating property in one of Chicago's most sought-after neighborhoods. Extensively rebuilt in 2020, the building features three spacious units with modern finishes and thoughtful design throughout. Each unit offers open layouts filled with natural light, tall ceilings, and new hardwood flooring (with carpet in the lower level of Unit 1). Kitchens have been fully updated with new appliances, abundant cabinetry, and built-in storage, while the bathrooms showcase stylish new tile, vanities, and fixtures. Custom touches like shiplap ceilings, updated lighting, and built-ins add charm and character. All units include in-unit laundry, large bedrooms, generous closets, and additional storage. The lower level features private storage rooms for each unit along with shared bike storage. Brand-new rear decks provide ample space for outdoor dining and entertaining, and the property offers three rows of tandem parking (six spaces total), giving each unit its own designated parking row. The building's exterior boasts classic brick and stonework with a fenced front yard for added appeal. This property has been impeccably maintained by the same owner since 1996 and has never experienced a vacancy outside of the renovation period. Located in the highly rated Blaine School District and within walking distance to Wrigley, the Southport Corridor, restaurants, nightlife, public transit, and countless neighborhood amenities, this is a rare and valuable investment in the heart of Lakeview.
Location
State IL
County Cook
Community Park, Gated, Sidewalks, Street Lights, Street Paved
Rooms
Basement Finished, Exterior Entry, Concrete, Rec/Family Area, Storage Space, Full, Daylight
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick,Limestone
New Construction false
Schools
Elementary Schools Blaine Elementary School
School District 299, 229, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Marta Landrosh • Compass