Mack Zantout - Chicagoland Brokers Inc Logo
$799,900
( $166.65Per Sq Foot )
 $4,294 est/mo Sourced by Back At You

7545 W Addison Street,Chicago, IL 60634

Chicago, IL 60634

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Description

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.

Details

MLS #12580993
Listing TypeFor Sale
StyleRetail/stores
Sub-TypeResale
StatusActive
Year1930
Days On Site193
Listing Provided By@properties Christie's International Real Estate | Peter DeFilippis

Features

SQ Feet4,800
Story(s)3
ZoningRTAIL
Acreage0.26

Interior

CoolingCentral Air

Exterior

Construction MaterialsBrick

Utilities

ElectricCircuit Breakers

Taxes

Tax Year2024
Tax Annual Amount32972

Area Information

StateIL
CountyCook
CityChicago
Zip Code60634
AreaCHI Dunning
Listing VS Median (in 60634)
Price:
$799,900
low | high
Med:
$427,000
96.618327290911% of Average
sqft:
4,800
low | high
Med:
1,911
100% of Average
$ / sqft:
$167
low | high
Med:
$224
15.808784418869% of Average
On site:
193
low | high
Med:
24
100% of Average
Sourced by Back At You

Market Activity 60634

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Contact

Learn More About This Property

Mack Zantout

Mack Zantout

Chicagoland Brokers Inc

 (773) 592-0648zantout53@gmail.com
StateIL
CountyCook
CityChicago
Zip Code60634
AreaCHI Dunning
Listing VS Median (in 60634)
Price:
$799,900
low | high
Med:
$427,000
96.618327290911% of Average
sqft:
4,800
low | high
Med:
1,911
100% of Average
$ / sqft:
$167
low | high
Med:
$224
15.808784418869% of Average
On site:
193
low | high
Med:
24
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $599K - $999K
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
7534 W Addison Street Property Photo 1
$89,000
7534 W Addison Street
Chicago, IL 60634
Listing Updated: July 9, 2026 at 12:09:55 PM PDT

Mack Zantout - Chicagoland Brokers Inc