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Greystone Multifamily with Tandem Parking
For Sale
$1,299,000

1513 W ADDISON Street, Chicago, IL 60613

MULTI_FAMILY - Other - Chicago, IL

Days on Market56

Property Features for 1513 W ADDISON Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 8
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 5, Basement, Bedroom 1, Bedroom 8, Bedroom 7, Bedroom 2, Bedroom 4, Bathroom 2
Parking 6
Parking features Owned, Assigned
Basement Finished, Full, Exterior Entry
Subdivision Southport Corridor
Elementary school district 299
Middle school district 299
High school district 299
Directions Ashland to Addison, East to Property
Standard status Active
APN 14203010050000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 15758

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Building materials Brick, Stone
Roof type Rubber
Architectural style Other
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Ashley Carter · License #471002063
Added: Jun 8 Changed: Jul 30 Last Checked: Aug 2 at 7:06AM
MLS# 12666976

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.

Investment Insights

Based on property information with market context.

A well-maintained Chicago greystone configured for rental income, featuring two spacious 3-bedroom, 1-bath apartments plus a non-conforming 2-bedroom garden unit. Each unit includes hardwood floors, separate living and dining areas, and a washer and dryer. The building is served by gas-forced heat and central A/C, and offers rear porches for added outdoor space. Parking is supported by three tandem spaces with capacity for up to six vehicles.

Located near Wrigley Field and the Southport Corridor, the property is also described as close to CTA transit, shopping, dining, and entertainment. The surrounding Lakeview setting supports a tenant mix that values walkability and access to everyday and leisure destinations.

This layout can appeal to both investors and owner-occupants seeking flexible use of a small multifamily asset. The unit mix offers multiple bedroom configurations, while the in-unit laundry and central A/C are practical features for everyday tenant comfort. Additionally, the property’s size and composition may support planning for updates or alternative use strategies, subject to applicable approvals and requirements.

Key Highlights

  • Classic Chicago Greystone with brick and stone construction and rubber roof
  • Building layout: two 3‑bed/1‑bath apartments plus a non‑conforming 2‑bed garden unit
  • Hardwood floors throughout with separate living and dining rooms in each unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Auto Parts Store Nursing Home Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,763
Businesses Nearby

Demographics for 60613, IL

53,048
Population
31,263
Households
1.7
Avg Household Size
34
Median Age
75%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
23,064
Density / Sq Mi
$91,351
Median Household Income
$68,713
Median Earnings
$1,616
Median Rent
$397,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Well-maintained greystone with three rental units, in-unit laundry, central A/C, and tandem parking for up to six.
Where is this triplex located?
The property is located at 1513 W ADDISON Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Classic Chicago Greystone with brick and stone construction and rubber roof; Building layout: two 3‑bed/1‑bath apartments plus a non‑conforming 2‑bed garden unit; Hardwood floors throughout with separate living and dining rooms in each unit
More about this property
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