Active
7545 Addison Street
Chicago, IL 60634
$799,900
0beds
0baths
—sqft
Ask Dwello about this home
Anything from "is it priced right?" to "what's the catch?"
About this home
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.
MLS Description — as provided by the listing brokerage.
The facts
Property typeCommercial Sale
Year built1930
Lot size—
Annual tax$32,972
CountyCook
MLS #MRD12580993
Days on market57
Features
Cooling
Central Air
Construction
Brick
Listed by
@properties Christie's International Real Estate
Peter DeFilippis
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/27/2026, 11:27:21 AM. All data should be independently verified.
You + your agent
What do you think?
React below so your dwello agent knows how you feel. Leave a note to start a conversation about this home.
Loading…
More homes you might like