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$970,000

7125 W Addison Street
Chicago, Illinois 60634

Closed / MLS #12151750 / Multiple Family / Dunning
Listing information updated 2/8/2025 at 6:03am
Original owners decided it's time to sell. All units are above grade. No garden units! This beautiful yellow brick building is being offered for sale for the first time in 50 years! This high visibility prime corner location offers more parking for tenants as well as more sunlight and an overall open and more comfortable feel! There are 6 parking spaces in the rear off the alley that are sizable and easy to access. The unit mix is comprised of 6 units in total with 5 being 2 bedrooms and 1 bath and 1 unit having 1 bedroom and 1 bath. As you can imagine these rents are very low due to the long time owners and long time tenants. Do your own math and you will be impressed at how much the NOI will change with only a modest rent increase. All tenants are on a month to month lease. Building was newly tuckpointed 3 years ago! Market rents for the 2 bedroom units $1500-$1800 and for the 1 bedroom unit $1150-$1400. See pro forma under additional information using the low end of market rents. This quality 6 unit building is a huge win for your portfolio!
Exterior Type:
Brick
Basement:
None
Water Front:
No
Square Feet:
N/A
Built:
1974
Cooling System:
Wall Sleeve
Stories:
3
Zoning:
MULTI
Current Net Income:
$55,818
Unit 1:
4 room(s) / 2 bed(s) / 1 bath(s)
Unit 2:
3 room(s) / 1 bed(s) / 1 bath(s)
Tax Amount:
$13,753
Tax Year:
2023
Zip Code:
60634
City:
Chicago
County:
Cook

Listing Office: @PROPERTIES

Listing Office Phone: 847.692.5522

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 2/8/2025 at 6:03am. 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 7125 W Addison Street, Chicago, IL 60634
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7125 W Addison Street, Chicago, IL 60634 is a multiple family which sold for $970,000. This multiple family has been listed on @properties Christie's International Real Estate since August 30th, 2024 and was built in 1974.

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