NOT LISTED FOR SALE

1513 W Addison St Chicago, IL 60613

Southport Corridor Neighborhood
8 Beds
3 Baths
700 Sq Ft
-- Built

Last Sold May 09, 2023

Last sale price $865,000 $1,236 Per Sq Ft

12 Days on Market

Highlights

  • Greystone Architecture
  • Forced Air Heating System
  • 2-minute walk to Juniper Playlot Park
  • Hamilton Elementary School Rated A-
  • Paved or Partially Paved Lot

About This Home

As of May 2023

This beautiful, carefully-maintained and managed Greystone two flat with a 3rd, non-conforming garden unit, is fully rented with responsible tenants and is walking distance to Wrigley Field, Southport Corridor shopping/restaurants, CTA train, Greenview and Sheila Parks, etc. Perfect for a savvy investor! Air B'N'B's with off-street parking in the area near Wrigley Field command premium rates! The 1st and 2nd floor units each boast three bedrooms with one bath, recently refinished hardwood floors, separate living and dining areas plus bonus back porches. Coin laundry in the basement. Central heat and air. Monthly gross income of $5,750 with room for more rental growth with basic upgrades. (3) off-street tandem parking spots totaling (6) spots in the back can be rented with yearly-lease units or Air B'N'B/Cubs parking. This property is currently zoned as a legal two flat.

Last Agent to Sell the Property

Brett Murphy

High Fidelity Realty Listed on: 03/01/2023

Co-Listed By

Mike Maluta

High Fidelity Realty License #475182764

Last Buyer's Agent

Charlie Beneke

Fulton Grace Realty License #475192939

Fulton Grace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,288

Lot Details

  • Lot Dimensions are 24 x 130
  • Paved or Partially Paved Lot

Home Design

  • Greystone Architecture
  • Brick Foundation
  • Rubber Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units
  • Southport Corridor Subdivision, Greystone Floorplan

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,288

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Greystone
  • New Construction: No
  • Subdivision Name: Southport Corridor
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner

Exterior Features

  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • List Price: 880000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 6
  • Number of Cars: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 24 X 130
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 16288.38
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Sold $865,000 -1.7% $1,236 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $880,000 0.0% $1,257 / Sq Ft
05/23/2016 05/23/16 Rented $1,600 0.0% --
05/05/2016 05/05/16 Under Contract -- -- --
03/29/2016 03/29/16 For Rent $1,600 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brett Murphy

    Seller's Agent in 2023

    Brett Murphy

    High Fidelity Realty

    (312) 728-7199

    1 in this area

    16 Total Sales

    Brett Murphy
    Section Image
  • Mike Maluta

    Seller Co-Listing Agent in 2023

    Mike Maluta

    High Fidelity Realty

    (708) 703-6286

    1 in this area

    24 Total Sales

    Mike Maluta
    Section Image
  • Charlie Beneke

    Buyer's Agent in 2023

    Charlie Beneke

    Fulton Grace

    (224) 661-1362

    2 in this area

    14 Total Sales

    Charlie Beneke
    Section Image

  • J

    Seller's Agent in 2016

    John McGeown

    High Fidelity Realty

    (773) 314-6903

    9 Total Sales

    John McGeown
    Section Image

  • G

    Seller Co-Listing Agent in 2016

    Gerald Beno

    Gold Coast Realty Chicago

    Section Image

  • B

    Buyer's Agent in 2016

    Brooke Johnson

    Chicagoland Realty Services LLC

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11727856

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60613 Southport Corridor

1513 W Addison St, Chicago, IL

This home is located at 1513 W Addison St, Chicago, IL 60613 since 01 March 2023. 1513 W Addison St is a home located in Cook County with nearby schools including Hamilton Elementary School, Lake View High School, and Saint Andrew School.

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