7723 W Addison Street Chicago, IL $ 559,500
7723 W Addison Street
$ 559,500
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7723 W Addison Street

Chicago, IL, 60634
$ 559,500
Baths0.0 Sq 2,800

Monthly Estimate*

$ 3,351

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Studio

Commercial Property for sale in Chicago, IL

for $559,500. This 2,800 square foot building was built in 1955 on a lot size of 0.100436.

OWNER/USER ALERT!!! Far Northwest side of Chicago location!! Single story brick commercial storefronts at the front and 1.5 story 3 bedroom, 2 bathroom Single Family Home at the rear. Commercial building measures 35' wide by 55' deep and is approximately 1,925 sf. The corner is a coffee shop, approximately 1,100 sf and space next door is a former insurance agency, 825 sf. Each space has its own GFA/CA, hot water tank, and circuit breaker electric, front and rear exits, and is slab on grade. Roof is flat and recently resealed. Coach house is aluminum sided, has two wide exterior porches with front and rear entrances, and exit to side or alley. Single Family Home measures approximately 30' wide by 50' deep at grade level, plus an upper floor. Home has a newer gas hot water heating system and basement storage space, unfinished. Small yard and walkway between both buildings leaves some outdoor rec area. Corner gives businesses and residents ample unrestricted parking on both Ozark and Addison! Great opportunity for a business operator to economize!! Also, CTA steps away, minutes to Cumberland or Harlem Blue Line trains, I-90 interchange to Loop or short ride to O'Hare, Rosemont restaurant/entertainment district, Rivers Casino, Belmont/Thatcher shopping center and Harlem Irving Plaza. SELLER READY TO DEAL, AND WILL CONSIDER OWNER FINANCING!!!

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Commercial Active

Price

$ 559,500

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,944

Style

Commercial

Lot Size

0.100436

Year Built

1955

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12064239

Features
General
Cooling Central Air Central Individual Window Unit(s)
Zoning COMMR
Construction Materials Brick
Year Built 1955
Electric Circuit Breakers Separate Meters
Tenant Pays Air Conditioning Electricity Heat
Stories 1
Township Jefferson
Property SubType Neighborhood Storefront
Tax Year 2022
Current Use Commercial
Gross Income 4133
County Cook
Net Operating Income 32212
Operating Expense 17384
Insurance Expense 2500
Property Type Commercial Sale Retail/Stores
Status Active
Directions Southeast corner of Addison and Ozark just east of Forest Preserve Drive and six blocks west of Harlem Avenue
City Chicago
NumberOfUnitsTotal 3
MLS Area CHI - Dunning
Lot Size Square Feet 4375
Tax Annual Amount 10944
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 1000
Additional Parcels Y/N N
Leasable Area 2800
Days on Market 117
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 2800
Lot Dimensions 35X125
Frontage Type City Street
Exterior Aluminum Siding Brick
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* Excluded Features
List By
Pontarelli Associates

Broker

jjp@pontarelliassociates.com

Email

Affordability Calculator

$4,263
Per Month
79%
21%
0%
Monthly Principal & Interest
$3,351
Monthly Property Taxes
$912
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/23/2024$559,500 Listed Price

Map


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7723 W Addison Street, Chicago, IL, 60634 is a Commercial Property for sale at $559,500 with 2,800 sqft and a lot size of 0.100436. 7723 W Addison Street is a studio with 0.0 baths and was built in 1955. The property's zip code is 60634 which is in Chicago, IL