There are multiple listings for this address:
4854 W Addison Street
Chicago, IL, 60641
$625,000
4 Beds
4 Baths
0 SqFt
0 Acres
Add
Add
$625,000
4854 W Addison Street
Chicago, IL, 60641
MLS #MRD12431830 img 0MLS #MRD12431830 img 1MLS #MRD12431830 img 2MLS #MRD12431830 img 3MLS #MRD12431830 img 4MLS #MRD12431830 img 5MLS #MRD12431830 img 6MLS #MRD12431830 img 7MLS #MRD12431830 img 8MLS #MRD12431830 img 9MLS #MRD12431830 img 10MLS #MRD12431830 img 11MLS #MRD12431830 img 12MLS #MRD12431830 img 13MLS #MRD12431830 img 14MLS #MRD12431830 img 15MLS #MRD12431830 img 16MLS #MRD12431830 img 17MLS #MRD12431830 img 18MLS #MRD12431830 img 19MLS #MRD12431830 img 20MLS #MRD12431830 img 21MLS #MRD12431830 img 22MLS #MRD12431830 img 23MLS #MRD12431830 img 24MLS #MRD12431830 img 25MLS #MRD12431830 img 26MLS #MRD12431830 img 27MLS #MRD12431830 img 28MLS #MRD12431830 img 29MLS #MRD12431830 img 30MLS #MRD12431830 img 31MLS #MRD12431830 img 32MLS #MRD12431830 img 33MLS #MRD12431830 img 34MLS #MRD12431830 img 35MLS #MRD12431830 img 36MLS #MRD12431830 img 37MLS #MRD12431830 img 38MLS #MRD12431830 img 39MLS #MRD12431830 img 40MLS #MRD12431830 img 41MLS #MRD12431830 img 42MLS #MRD12431830 img 43MLS #MRD12431830 img 44MLS #MRD12431830 img 45MLS #MRD12431830 img 46MLS #MRD12431830 img 47MLS #MRD12431830 img 48MLS #MRD12431830 img 49MLS #MRD12431830 img 50
Charming Multi-Use Property with Income Potential! Welcome to this one-of-a-kind, income-generating gem in a prime location! Offering just over 4,000 square feet of versatile space, this beautifully maintained property includes one commercial unit and two residential units, making it a rare find for savvy investors or business owners looking for flexibility and strong returns. The third floor features a bright and inviting 2-bedroom, 1- bath residential unit, ideal for tenants or a comfortable owner’s retreat. Enjoy deck access and in-unit laundry. (Currently leased through August.) On the second floor, you’ll find a stylish 2-bedroom, 1-bath unit, fully remodeled in 2023 and now vacant-ready for your next tenant or personal use. This unit also enjoys private deck access, with laundry conveniently located just downstairs. The first floor commercial space is a standout, offering prime visibility and thoughtful design for any business. It includes three private offices, a spacious conference room, an open front office area, and a fullyequipped kitchen with a stove, fridge, and sink. The bathroom is smartly split into separate rooms for the toilet, sink, and shower-perfect for clientfacing businesses. Recent updates include: Second floor remodel (2023), Brand new front deck (2024), Commercial space flooring (2020), Two-car garage (approx. 10 years old), currently used for storage, New roof (rolled tar, 2017), Completed tuck-pointing in recent years. This property blends classic charm with thoughtful updates, offering a unique opportunity for owner-occupants, investors, or business owners seeking multi-use flexibility. With existing rental income and commercial potential, this is a rare chance to secure a strong return in a highly desirable location!

Property Details

Price:
$625,000
MLS #:
MRD12431830
Status:
Active Under Contract
Beds:
4
Baths:
4
Address:
4854 W Addison Street
Type:
Multi Family
Neighborhood:
CHI – Portage Park
City:
Chicago
Listed Date:
Jul 28, 2025
State:
IL
Total Sq Ft:
4,072
ZIP:
60641
Year Built:
1938
Units:
3

Schools

School District:
299

Interior

Heating
Indv Controls

Exterior

Architectural Style
Other
Construction Materials
Brick
Parking Features
On Site, Garage Owned, Detached, Owned, Garage
Parking Spots
4

Financial

Tax Year
2023
Taxes
$9,916
Need more info?
Ask a Question
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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4854 W Addison Street
Chicago, IL
4854 W Addison Street
Chicago, IL, 60641
$625,000
Beds
0 Baths
0 SqFt
0 Acres
Add
Add
$625,000
4854 W Addison Street
Chicago, IL, 60641
MLS #MRD12431847 img 0MLS #MRD12431847 img 1MLS #MRD12431847 img 2MLS #MRD12431847 img 3MLS #MRD12431847 img 4MLS #MRD12431847 img 5MLS #MRD12431847 img 6MLS #MRD12431847 img 7MLS #MRD12431847 img 8MLS #MRD12431847 img 9MLS #MRD12431847 img 10MLS #MRD12431847 img 11MLS #MRD12431847 img 12MLS #MRD12431847 img 13MLS #MRD12431847 img 14MLS #MRD12431847 img 15MLS #MRD12431847 img 16MLS #MRD12431847 img 17MLS #MRD12431847 img 18MLS #MRD12431847 img 19MLS #MRD12431847 img 20MLS #MRD12431847 img 21MLS #MRD12431847 img 22MLS #MRD12431847 img 23MLS #MRD12431847 img 24MLS #MRD12431847 img 25MLS #MRD12431847 img 26MLS #MRD12431847 img 27MLS #MRD12431847 img 28MLS #MRD12431847 img 29MLS #MRD12431847 img 30MLS #MRD12431847 img 31MLS #MRD12431847 img 32MLS #MRD12431847 img 33MLS #MRD12431847 img 34MLS #MRD12431847 img 35MLS #MRD12431847 img 36MLS #MRD12431847 img 37MLS #MRD12431847 img 38MLS #MRD12431847 img 39MLS #MRD12431847 img 40MLS #MRD12431847 img 41MLS #MRD12431847 img 42MLS #MRD12431847 img 43MLS #MRD12431847 img 44MLS #MRD12431847 img 45MLS #MRD12431847 img 46MLS #MRD12431847 img 47MLS #MRD12431847 img 48MLS #MRD12431847 img 49MLS #MRD12431847 img 50
Charming Multi-Use Property with Income Potential! Welcome to this one-of-a-kind, income-generating gem in a prime location! Offering just over 4,000 square feet of versatile space, this beautifully maintained property includes one commercial unit and two residential units, making it a rare find for savvy investors or business owners looking for flexibility and strong returns. The third floor features a bright and inviting 2-bedroom, 1- bath residential unit, ideal for tenants or a comfortable owner’s retreat. Enjoy deck access and in-unit laundry. (Currently leased through August.) On the second floor, you’ll find a stylish 2-bedroom, 1-bath unit, fully remodeled in 2023 and now vacant-ready for your next tenant or personal use. This unit also enjoys private deck access, with laundry conveniently located just downstairs. The first floor commercial space is a standout, offering prime visibility and thoughtful design for any business. It includes three private offices, a spacious conference room, an open front office area, and a fullyequipped kitchen with a stove, fridge, and sink. The bathroom is smartly split into separate rooms for the toilet, sink, and shower-perfect for clientfacing businesses. Recent updates include: Second floor remodel (2023), Brand new front deck (2024), Commercial space flooring (2020), Two-car garage (approx. 10 years old), currently used for storage, New roof (rolled tar, 2017), Completed tuck-pointing in recent years. This property blends classic charm with thoughtful updates, offering a unique opportunity for owner-occupants, investors, or business owners seeking multi-use flexibility. With existing rental income and commercial potential, this is a rare chance to secure a strong return in a highly desirable location!

Property Details

Price:
$625,000
MLS #:
MRD12431847
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
4854 W Addison Street
Type:
Commercial
Neighborhood:
CHI – Portage Park
City:
Chicago
Listed Date:
Jul 28, 2025
State:
IL
Total Sq Ft:
4,072
ZIP:
60641
Year Built:
1938

Schools

School District:
299

Interior

Heating
Indv Controls

Exterior

Architectural Style
Other
Construction Materials
Brick
Parking Features
On Site, Garage Owned, Detached, Owned, Garage
Parking Spots
4

Financial

Tax Year
2023
Taxes
$9,916
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Similar Listings Nearby