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About the Listing 87123 - 124487,897047
Welcome to 8110 W Addison! A value-add 2-flat with income producing residential units and first floor opportunity! This property offers investors the opportunity to acquire a 2-flat with two residential units already in place on the second floor. The front unit features 3 bedrooms and 2 bathrooms, while the rear unit offers 1 bedroom and 1 bathroom-providing multiple rental-income opportunities. The first floor has been used commercially for approximately 30 years and, per the City of Chicago, will need to be converted to residential use by the next owner. This creates a significant value-add opportunity for an investor to finish the first floor according to their vision and investment strategy while continuing to generate rental income from the existing second-floor units. Ideal for an investor seeking current rental-income potential plus future upside, or an owner-occupant looking to for rental income. Bring your plans, complete the first-floor conversion, and unlock the property's full potential. Buyer to independently verify zoning, permitted uses, conversion requirements, permits, building requirements, and all other applicable City of Chicago requirements. Square footage is approximate. Agent is related to seller.
Listing Highlights for 8110 W Addison St
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances: Ceiling Fan(s),Water Heater-Gas
- Air Cond:
- Heating: Radiant
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: 1 car
- Parking Spaces: 3
- Lot Dimensions: 4687
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Garage Owned,Attached,Owned,Garage
Financial Details
- Tax Amount: $9,905
- Taxes w/Assessments: N/A
- Tax/Property ID: 12232290310000
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
8110 W Addison St Chicago, IL 60634
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