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    2147 W Addison St Chicago, IL 60618

    Under Contract
    For Sale
    $875,000

    Residential Income - Chicago, IL

    Days on Market:
    42
    Last Refresh:
    Dec 9 at 7:06 am

    Property Features for 2147 W Addison St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    14193040040000
    Parking
    2
    Exterior features
    Fencing
    Fencing
    Fenced

    Utilities

    Heating system
    Radiant

    Building Details

    Year built
    1908
    Architectural style
    Other

    Real Broker LLC (630) 439-6385 [email protected]

    Listing agent Rafay Qamar (217) 960-8605 License #475158420

    Listing date Oct 29, 2025

    MLS# 12501027 Listing URL

    Copyright © 2025 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.

    Overview

    Roscoe Village Investment Opportunity

    This two-unit property is located in the Roscoe Village neighborhood of Chicago. Each unit features two bedrooms and one full bath. The units have large floor plans, original woodworking, and updated kitchens equipped with stainless steel appliances. The property includes a fenced-in backyard and a detached two-car garage. The location is between Western and Damen, near Audubon Elementary and within blocks of Lane Tech and DePaul College Prep. Trader Joe's is a 5-minute drive away, and the Addison Brown Line is less than a 10-minute walk. The Blue Line to O'Hare is 1.5 miles away. Roscoe Village offers dining, boutique shopping, parks, and neighborhood culture.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6828476
    Latitude
    41.9465333

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    FAQs

    What type of property is this?
    Duplex - Two-unit property in vibrant Roscoe Village, Chicago.
    Where is this duplex located?
    The property is located at 2147 W Addison St Chicago, IL.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Prime Roscoe Village location, steps from Audubon Elementary and close to Lane Tech and DePaul College Prep.; - Two updated units, each with 2 bedrooms, 1 bath, large floor plans, original woodworking, and stainless steel appliances.; - Excellent investment opportunity or owner-occupant potential.
    (217) 960-8605
    Request Owner's contact information
    2147 W Addison St Chicago, IL 60618
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    Chicago, IL 60618
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2147 W Addison St Chicago, IL 60618
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