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$2,195,000
3 Days On Site

1116 W Addison Street
Chicago, IL 60613

For Sale|Multi Family|Active
7
Beds
7
Total Baths
1996
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Compass
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1116 W Addison Street1116 W Addison Street1116 W Addison Street1116 W Addison Street
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Monthly Payment (Est.)

$10,014
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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.

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Listing Snapshot
Price 
$2,195,000
Days On Site 
3 Days
Bedrooms 
7
Inside Area (SqFt) 
N/A
Total Baths 
7
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1996
MLS® Number 
12408879
Status 
Active
Property Tax 
$23,947.38
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Parking 
Alley AccessOn Site
Parking Spaces 
6
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Interior Features
Basement 
FinishedExterior EntryConcreteStorage SpaceFullDaylight
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Brick
Community Features
Community Features 
ParkGatedSidewalksStreet Lights
MLS Area 
CHI - Lake View
School District 
299
Township 
Lake View
Schools
School District
299
Elementary School
Blaine Elementary School
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Compass



Based on information submitted to the MLS GRID as of 2025-07-12 06:10 AM UTC. 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.
Last checked: 2025-07-12 06:10 AM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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