6845 W Addison Street Chicago, IL $ 2,250,000
6845 W Addison Street
$ 2,250,000
Recently Listed New Construction
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6845 W Addison Street

Chicago, IL, 60634
$ 2,250,000
Bedrooms-- Baths-- Sq 7,000

Monthly Estimate*

$ 14,037

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Commercial Property for sale in Chicago, IL

for $2,250,000. This 7,000 square foot building was built on a lot size of 0.286272.

The subject property is located at 6845 West Addison Street, Chicago, IL 60634 (the "Property"). This sole and exclusive Broker has been retained to present the sale of this owner-user/investment "Banquet Hall" opportunity. This urban mixed-use asset is situated in Chicago's densely populated and affluent "Schorsch Village" neighborhood. Featuring a 2-story building, 7,000 SF GLA, 3,600 SF-1st Floor (Banquet Hall), 12,470 SF (99.75 x 125) Site, and 25 plus car parking. The subject property is zoned B1-1 and comprises a basement (for storage use), three bedrooms & 2 bathrooms, and a large upscale apartment on the second floor. It is situated in a mixed retail/office and residential city setting. The property's strategic location offers convenient access to major thoroughfares, public transportation, and a wide range of amenities, including restaurants and recreational facilities. The latest neighborhood investments, including new construction condos/rentals, restaurants, and supermarkets, have steadily attracted new homeowners and tenants to this vibrant Schorsch Village in Chicago. The subject property presents a unique opportunity and is positioned as a "Turn-Key" solution for owner-user or investor.

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Commercial Active

Price

$ 2,250,000

Property Type

Commercial

Taxes

$ 13,000

Style

Bar/Tavern/Lounge,Food & Beverage,Restaurant

Lot Size

0.286272

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12516751

Features
General
Cooling Central Air
Utilities Electric to Site Natural Gas Available Water Available
Possession Closing
Roof Tar/Gravel
Zoning RTAIL
Construction Materials Brick Concrete
Tenant Pays Air Conditioning Electricity Heat Janitorial Service Taxes Insurance Repairs Scavenger Sewer Other
Stories Count 2
Tax Year 2023
Current Use Commercial
Business Type Bar/Tavern/Lounge Food & Beverage Restaurant Other
County Cook
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Possible Use Commercial Condominium Residential Multi-Family Single Family Zoning Change Required
Status Active
Directions 6845 West Addison Avenue Chicago IL 60634
City Chicago
MLS Area CHI - Dunning
Lot Size Square Feet 12470
Tax Annual Amount 13000
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Building Area Total 7000
Lot Dimensions 99.76 x 125
Frontage Type City Street Alley Access Paved
Waterfront Y/N N
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* Excluded Features
List By
Baird & Warner

Broker

wesley.jonberg@bairdwarner.com

Email

Affordability Calculator

$15,120
Per Month
93%
7%
0%
Monthly Principal & Interest
$14,037
Monthly Property Taxes
$1,083
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
11/18/2025$2,250,000 Listed Price

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6845 W Addison Street, Chicago, IL, 60634 is a Commercial Property for sale at $2,250,000 with 7,000 sqft and a lot size of 0.286272. The property's zip code is 60634 which is in Chicago, IL