About This Home

This 4-bedroom, 4-bathroom residential multi family at 8110 W Addison Street in Chicago, IL is listed for $560,000. Built in 1963, on a N/A lot.

Key Features

  • Built in 1963
  • 3 parking spaces

Property Details

3 full, 1 half
1-car garage
1963
Listing Description

Welcome to 8110 W Addison! A value-add 2-flat with income producing residential units and first floor opportunity! This property offers investors the opportunity to acquire a 2-flat with two residential units already in place on the second floor. The front unit features 3 bedrooms and 2 bathrooms, while the rear unit offers 1 bedroom and 1 bathroom-providing multiple rental-income opportunities.

The first floor has been used commercially for approximately 30 years and, per the City of Chicago, will need to be converted to residential use by the next owner. This creates a significant value-add opportunity for an investor to finish the first floor according to their vision and investment strategy while continuing to generate rental income from the existing second-floor units.

Ideal for an investor seeking current rental-income potential plus future upside, or an owner-occupant looking to for rental income. Bring your plans, complete the first-floor conversion, and unlock the property's full potential. Buyer to independently verify zoning, permitted uses, conversion requirements, permits, building requirements, and all other applicable City of Chicago requirements. Square footage is approximate. Agent is related to seller.

Monthly Cost Estimate

$2,995/mo

20% down · 6.5% · 30 years

Principal$405
Interest$2,427
Insurance$163

Estimates only. Actual payments may vary.

Location

8110 W Addison Street

Chicago, IL 60634

Property Details

Construction

Brick

Parking

OwnedGarage

Heating

Radiant

Questions & Answers

This 4-bedroom, 4-bathroom residential multi family at 8110 W Addison Street is listed at $560,000. The estimated monthly payment is $2,995 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1963, 3 parking spaces.

This property is listed by Richard Kasper.

RK

Richard Kasper

Agent at Compass Real Estate

Listed by Compass Real Estate · Broker phone: 3127337201 · View on Broker Site · Broker website

MLS# 12770217· Source: Midwest Real Estate Data, LLC· 32 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8110 W Addison Street, Chicago, IL 60634

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