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Sara Latta-Young

saralattayoung@gmail.com +1(815) 685-5090

$ 560,000

Est. payment | -/mo

4 Beds

4 Baths

Save

$ 560,000

Est. payment | -/mo

Save

4 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12770217

Bedrooms 4

Year Built 1963

Annual Tax Amount $9,905

Tax Year 2025

Lot Dimensions 4687

Property Sub-Type Two to Four Units

Property Description

Welcome to 8110 W Addison! A value-add 2-flat with income producing residential units and first floor opportunity! This property offers investors the opportunity to acquire a 2-flat with two residential units already in place on the second floor. The front unit features 3 bedrooms and 2 bathrooms, while the rear unit offers 1 bedroom and 1 bathroom-providing multiple rental-income opportunities. The first floor has been used commercially for approximately 30 years and, per the City of Chicago, will need to be converted to residential use by the next owner. This creates a significant value-add opportunity for an investor to finish the first floor according to their vision and investment strategy while continuing to generate rental income from the existing second-floor units. Ideal for an investor seeking current rental-income potential plus future upside, or an owner-occupant looking to for rental income. Bring your plans, complete the first-floor conversion, and unlock the property's full potential. Buyer to independently verify zoning, permitted uses, conversion requirements, permits, building requirements, and all other applicable City of Chicago requirements. Square footage is approximate. Agent is related to seller.

Location

State IL

County Cook

Area Chi - Dunning

Rooms

Basement None

Interior

Heating Radiant

Equipment Ceiling Fan(s), Water Heater-Gas

Fireplace N

Exterior

Garage Spaces 1.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Richard Kasper of Compass

NEARBY PROPERTIES

+1(815) 685-5090

saralattayoung@gmail.com

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8110 W Addison ST Chicago, IL 60634