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2302 W Addison Street, Chicago, IL 60618

$1,275,000
  • 2302 W Addison Street, Chicago, IL 60618 Main Photo

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Active
BEDS0 BATHS MLS#12693237
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSt Bens SCHOOLDistrict 299

Property Description

In a time and neighborhood where inventory is tighter than a pair of skinny jeans on a hot summer day, here's your opportunity to buy in the heart of North Center, one of Chicago's sought after areas to thrive in. 2302 W Addison St, located in the Bell school district, is currently a classic Chicago 2-flat on the border of St Ben's, right across from Roscoe Village, and, having already been gutted, provides a blank canvas that's ready for your ideas! What possibilities lay ahead? You can purchase this property and make it your own. Working together with your architect or designer and general contractor, turn your vision into reality. (NOTE: Seller currently has architectural plans for a 6 BR / 4.5 BTH SFH.) Perhaps you could even think about teaming up with a builder or developer to create the forever home you've been dreaming of. Looking to expand this home to its fullest potential? Sitting on 27' x 125', with RT-3.5 zoning, you can ponder building up to create 3,570 sqft of above grade max floor area, which doesn't even include what awaits in the basement! For you investors out there, consider these alternatives: A) Looking for some rental income? Keep the existing multi-generational living set up, duplexing the first floor down, making for two desirable apartments. B) Build a custom Single Family Home or develop 2 new Condos. What's in the neighborhood? Surrounded by Addison, Western, Belmont, Damen & Lincoln Aves and Roscoe St, there's an abundance of cuisines to enjoy & small businesses to support. Shop for groceries at Whole Foods, Mariano's, Jewel, Wild Fork, Costco, or Fresh Thyme - all within minutes. Parks, pools, River trails, Lane Tech, DePaul College Prep, WGN studios, Wrigley just 1.5 mi away, access to CTA buses & trains, Metra, 90/94, LSD, and so, so much more. Prospective Buyers are more than welcome to check out the exterior [ONLY], from a public space (sidewalk or alley). Although gutted, interior tours can be arranged and allowed, with caution. PROPERTY IS BEING SOLD AS-IS, WHERE IT STANDS. Information on MLS is assumed to be accurate, but NOT guaranteed. Buyer/Buyer's Agent should verify all relevant MLS information. Looking to create a dream home vs just thinking about it? This is your chance to make it happen.

2302 W Addison Street | MLS# 12693237

This multi-family property located at 2302 W Addison Street, Chicago, IL 60618 is currently listed for sale with an asking price of $1,275,000. W Addison Street is located within the District 299 school district. Search Chicago real estate on www.mycrr.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Garage: 2
Heating: None
Lot Size: 0.08 Acres
Roof Type: Asphalt, Flat
Taxes: $12,470
Year Built: 1916

Feature Descriptions

Exterior: Brick
Lot Dimensions: 27X125
Parcel#: 14191250410000
Parking: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 0
Township: Lake View
Water: Lake Michigan, Public

Local Schools

High School: Lake View High School
Middle School: Bell Elementary School
Elementary School: Bell Elementary School
School District: District 299

Listed By / Shown By

Listed By

Agency Name: Century 21 Circle
Agency Phone: 773-888-4200

Shown By

Agency Title: Charles Rutenberg Realty
Agency Phone: 630-929-1100

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Estimated Payment

$ 7,858.14 per month $6,447.09 Principal & Interest $1,039.17 Property Tax $371.88 Homeowner's Insurance

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