7545 W Addison Street Chicago, IL $ 799,900
7545 W Addison Street
$ 799,900
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7545 W Addison Street

Chicago, IL, 60634
$ 799,900
Bedrooms-- Baths-- Sq 4,800

Monthly Estimate*

$ 4,925

7545 W Addison Street, Chicago, IL 60634 - Image 1

Commercial Property for sale in Chicago, IL

for $799,900. This 4,800 square foot building was built in 1930 on a lot size of 0.258264.

Prime Investment Opportunity in the Highly Sought-After Dunning Neighborhood Exceptional redevelopment or income-generating opportunity in the desirable Dunning area. This 3-storefront commercial property (7545-7551 Addison Street) offers multiple strategic options for investors and developers alike. Option 1 - Immediate Rental Income: Continue operating as a fully leased retail investment property with three storefronts generating steady rental income. Option 2 - Redevelopment Potential: The property has been rezoned to B2-3, allowing for the development of 17+ residential units, with the potential for rear parking. Ideal for luxury condominiums or a high-end apartment building. Property Highlights: Total lot size: 90 x 125 (11,250 sq ft) Three existing storefronts Rear parking potential Strong redevelopment upside Located in the highly sought-after Dunning neighborhood This is a rare opportunity to acquire a sizable lot with flexible zoning in a thriving area. Contact the listing agent for additional information.

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Commercial Active

Price

$ 799,900

Property Type

Commercial

Taxes

$ 32,972

Style

Retail

Lot Size

0.258264

Year Built

1930

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12580993

Features
General
Cooling Central Air
Zoning RTAIL
Construction Materials Brick
Year Built 1930
Electric Circuit Breakers
Stories Count 3
Township Jefferson
Tax Year 2024
Current Use Medical/Dental
Business Type Retail
Assoc Fee Paid Per Not Applicable
County Cook
Net Operating Income 72000
Property Type Commercial Sale Retail/Stores
Status New
Directions Addison Street between Oriole and Oleander Ave.
City Chicago
MLS Area CHI - Dunning
Lot Size Square Feet 11250
Tax Annual Amount 32972
Additional Parcels Y/N Y
Leasable Area 1600
Standard Status Active
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Exterior
Building Area Total 4800
Lot Dimensions 90x125
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

peter@pd3properties.com

Email

Affordability Calculator

$7,673
Per Month
64%
36%
0%
Monthly Principal & Interest
$4,925
Monthly Property Taxes
$2,748
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/2/2026$799,900 Listed Price

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7545 W Addison Street, Chicago, IL, 60634 is a Commercial Property for sale at $799,900 with 4,800 sqft and a lot size of 0.258264. 7545 W Addison Street was built in 1930. The property's zip code is 60634 which is in Chicago, IL