7545 W Addison Street
, IL, 60634
Price$799,900
Beds0
Baths0
SqFtn/a
Baths0
SqFtn/a
Status:Active
Property Type:Commercial
School:
Property Type:Commercial
School:
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.
| Price | $799,900 | |
| Total Baths | 0 | |
| Lot Size Area | 11250 | |
| Property Type | Commercial | |
| MLS Sub type | Commercial/CIE | |
| Year Built | 1930 | |
| Directions | Addison Street between Oriole and Oleander Ave. | |
| Latitude | 41.944754 | |
| Longitude | -87.816054 | |
| Market Area | Jefferson | |
| Address | 7545 W Addison Street, IL 60634 | |
| Postal Code | 60634 | |
| State | IL | |
| Country | United States | |
| Listing Office | @properties Christie’s International Real Estate | |
| Listing Office Phone | 847-832-0002 | |
| Listing Agent | Peter DeFilippis | |
| Listing Agent Phone | 847-910-5551 | |
| Days on market | 0 | |
| MLS Status | Active | |
| Listing Date | Mar 2, 2026 | |
| Listing Last Modified | Mar 8, 2026 | |
| Tax Year | 2024 | |
| Tax Annual Amount | 32972 | |
| MLS Area | Jefferson | |
| MLS # | MRD12580993 | |
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