2302 W Addison Street
Chicago, IL, 60618 $ 1,275,000
Baths0.0 Monthly Estimate*
$ 8,050
Studio for $1,275,000. The lot size is 0.08.
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.
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FeaturesGeneralUtilities Electric to Site Natural Gas Available Water Available
Possession Closing
Zoning MULTI
Township Lake View
Tax Year 2024
Current Use Multi-Family
Ownership Fee Simple
County Cook
Property Type Land Land
Subdivision Name St Bens
Possible Use Condominium Multi-Family Single Family
Status New
Directions Western Ave(2400W) to Addison St (3600N) E to property (2302W)
High School Lake View High School
City Chicago
High School District 299
MLS Area CHI - North Center
Elementary School Bell Elementary School
Tax Annual Amount 12470.38
Middle/Junior High School Bell Elementary School
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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ExteriorTotal Parking 0
Lot Dimensions 27X125
Lot Size Acres 0.08
Road Surface Type Asphalt Concrete
Frontage Length 27
Frontage Type City Street
Waterfront Y/N N
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* Excluded FeaturesList Byrick.batista@c21circle.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,050
- Monthly Property Taxes
- $1,039
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyLots and land listings in Chicago, IL
Average List Price $263,334
Percent of Sale Price 79%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
567520 Elementary School
567520 Middle School
Lake View High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/1/2026 | $1,275,000 | | Listed Price |