Seller's Agent in 2025
Marta Kazmierczak
Compass
(312) 319-1168
1 in this area
28 Total Sales
1116 W Addison St Chicago, IL 60613
Wrigleyville Neighborhood
7
Beds
7
Baths
1,500
Sq Ft
1996
Built
Highlights
- Gated Community
- 4-minute walk to Addison Station (Red Line)
- Forced Air Heating System
- Blaine Elementary School Rated A-
- Property is near park
- 2-minute walk to Gallagher Way
About This Home
As of October 2025Prime Lakeview location just steps from iconic Wrigley Field! This beautifully renovated 3-flat offers a rare opportunity to own a turnkey, income-generating property in one of Chicago's most sought-after neighborhoods. Extensively rebuilt in 2020, the building features three spacious units with modern finishes and thoughtful design throughout. Each unit offers open layouts filled with natural light, tall ceilings, and new hardwood flooring (with carpet in the lower level of Unit 1). Kitchens have been fully updated with new appliances, abundant cabinetry, and built-in storage, while the bathrooms showcase stylish new tile, vanities, and fixtures. Custom touches like shiplap ceilings, updated lighting, and built-ins add charm and character. All units include in-unit laundry, large bedrooms, generous closets, and additional storage. The lower level features private storage rooms for each unit along with shared bike storage. Brand-new rear decks provide ample space for outdoor dining and entertaining, and the property offers three rows of tandem parking (six spaces total), giving each unit its own designated parking row. The building's exterior boasts classic brick and stonework with a fenced front yard for added appeal. This property has been impeccably maintained by the same owner since 1996 and has never experienced a vacancy outside of the renovation period. Located in the highly rated Blaine School District and within walking distance to Wrigley, the Southport Corridor, restaurants, nightlife, public transit, and countless neighborhood amenities, this is a rare and valuable investment in the heart of Lakeview.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,947
Year Built
- Built in 1996 | Remodeled in 2020
Lot Details
- Lot Dimensions are 25 x 125
- Paved or Partially Paved Lot
Home Design
- Brick Exterior Construction
- Limestone
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 7 Bathrooms
- Dual Sinks
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Block Basement Construction
- Recreation or Family Area in Basement
- Basement Storage
- Natural lighting in basement
Parking
- 6 Parking Spaces
- Parking Available
- Alley Access
- Off Alley Parking
Location
- Property is near park
Schools
- Blaine Elementary School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Building Details
- Insurance Expense $4,473
- Maintenance Expense $1,800
- Professional Management Expense $600
- Water Sewer Expense $1,080
- Gross Income $147,948
- Net Operating Income $116,048
Additional Features
- 3 Units
- Gated Community
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | Sold | $2,145,000 | -2.3% | $1,430 / Sq Ft |
| 08/08/2025 08/08/25 | Pending | -- | -- | -- |
| 07/08/2025 07/08/25 | For Sale | $2,195,000 | 0.0% | $1,463 / Sq Ft |
| 06/01/2016 06/01/16 | Rented | $2,250 | 0.0% | -- |
| 04/20/2016 04/20/16 | For Rent | $2,250 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $23,947 | $128,294 | $58,125 | $70,169 |
| 2024 | $23,947 | $132,114 | $58,125 | $73,989 |
| 2023 | $26,463 | $113,500 | $46,875 | $66,625 |
| 2022 | $26,463 | $128,658 | $46,875 | $81,783 |
| 2021 | $27,477 | $136,641 | $46,875 | $89,766 |
| 2020 | $20,571 | $92,340 | $20,000 | $72,340 |
| 2019 | $20,614 | $102,600 | $20,000 | $82,600 |
| 2018 | $26,248 | $132,879 | $20,000 | $112,879 |
| 2017 | $18,113 | $84,139 | $17,500 | $66,639 |
| 2016 | $16,352 | $84,139 | $17,500 | $66,639 |
| 2015 | $15,508 | $87,254 | $17,500 | $69,754 |
| 2014 | $13,299 | $74,247 | $14,375 | $59,872 |
| 2013 | $14,318 | $81,355 | $14,375 | $66,980 |
Source: Public Records
Agents Affiliated with this Home
-
Marta Kazmierczak
-
Luke Sandler
Buyer's Agent in 2025
Luke Sandler
@ Properties
(312) 480-8787
1 in this area
68 Total Sales
-
W
Buyer's Agent in 2016
William Meister
Fulton Grace Realty
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12408879
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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