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$649,000

7100 W Addison Street
Chicago, Illinois 60634

Closed / MLS #11201021 / Commercial / Mixed Use / Dunning
Listing information updated 8/3/2023 at 1:32pm
Great investment property. Cash on cash return of 12%. Rents below market value due to favorable tenant discount. Separate electric and gas meters. Apartments: each are 5 room/2 bedroom and 1 bath. First apartment is 900 sq ft and the second apartment is 1,100 sq ft. There are 2 retail spaces on the main floor with long-term tenants. The space is 1368 sq ft and the general office area is 1000 sq ft with one large office of 10 x 10 and a conference room of 13 x 8. The space also encompasses the side office of 368 sq ft which has a separate reception area 9 x 16 and an office space of 13 x 16. Each unit has separate heat with central air and separate hot water. Tenants pay all utilities. Parking for 5-6 cars in back. It also has a 1-car garage. Owner was a plumber. All copper pipes. Roof 7 years. See income/expense spreadsheet in additional documents.
Built:
1933
Parking Spaces:
5
Cooling System:
Central Individual
Stories:
2
Zoning:
COMMR
# of Offices:
2
Current Net Income:
$52,740
Tax Amount:
$9,760
Tax Year:
2019
Zip Code:
60634
City:
Chicago
County:
Cook

Listing Office: Weichert Realtors Ambassador

Listing Office Phone: 847.763.6464

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/3/2023 at 1:32pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Dunning, IL

One of the 77 defined community areas in Chicago, Dunning is located on the Northwest Side of downtown Chicago. Offering close proximity to the city, it is an increasingly-popular community for residents of all ages.In the 1870s, Andrew Dunning, who the community is named for, purchased the land whi...
$390,788
Average Sale Price
41
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 7100 W Addison Street, Chicago, IL 60634
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7100 W Addison Street, Chicago, IL 60634 is a commercial / mixed use which sold for $649,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since August 26th, 2021 and was built in 1933.

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