Chicago, IL 60641,4854 W Addison ST
Chicago, IL 60641,4854 W Addison ST
Chicago, IL 60641,4854 W Addison ST
51
$609,000
$625,000
2.6%
Est.Price: ?

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4 BD
4 BA

4854 W Addison ST Chicago, IL 60641

Est. payment /mo
SOLD DATE : 09/19/2025

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Realty Executives Premier

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Key Details

Sold Price $609,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12431830

Sold Date 09/19/25

Style Other

Bedrooms 4

Year Built 1938

Annual Tax Amount $9,916

Tax Year 2023

Lot Dimensions 34' X 126'

Property Sub-Type Two to Four Units

Property Description

Charming Multi-Use Property with Income Potential! Welcome to this one-of-a-kind, income-generating gem in a prime location! Offering just over 4,000 square feet of versatile space, this beautifully maintained property includes one commercial unit and two residential units, making it a rare find for savvy investors or business owners looking for flexibility and strong returns. The third floor features a bright and inviting 2-bedroom, 1- bath residential unit, ideal for tenants or a comfortable owner's retreat. Enjoy deck access and in-unit laundry. (Currently leased through August.) On the second floor, you'll find a stylish 2-bedroom, 1-bath unit, fully remodeled in 2023 and now vacant-ready for your next tenant or personal use. This unit also enjoys private deck access, with laundry conveniently located just downstairs. The first floor commercial space is a standout, offering prime visibility and thoughtful design for any business. It includes three private offices, a spacious conference room, an open front office area, and a fullyequipped kitchen with a stove, fridge, and sink. The bathroom is smartly split into separate rooms for the toilet, sink, and shower-perfect for clientfacing businesses. Recent updates include: Second floor remodel (2023), Brand new front deck (2024), Commercial space flooring (2020), Two-car garage (approx. 10 years old), currently used for storage, New roof (rolled tar, 2017), Completed tuck-pointing in recent years. This property blends classic charm with thoughtful updates, offering a unique opportunity for owner-occupants, investors, or business owners seeking multi-use flexibility. With existing rental income and commercial potential, this is a rare chance to secure a strong return in a highly desirable location!

Location

State IL

County Cook

Area Chi - Portage Park

Zoning OTHER

Rooms

Basement None

Interior

Heating Indv Controls

Fireplace N

Exterior

Garage Spaces 2.0

Building

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Rafay Qamar of  Real Broker LLC 
Bought with Deandre Bailey of Coldwell Banker Realty

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Realty Executives Premier

Realty Executives Premier

Broker | License ID: RB14033486

+1(219) 405-3647

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