Dunning Commercial Property For
For Sale
$799,900
7545 W Addison Street, Chicago, IL 60634
Three storefronts in Dunning neighborhood with redevelopment potential.
Property SizeContact for details
Lot Size0.26 Acres
Days on Market160
Property Features for 7545 W Addison Street
General Information
Standard status
Active
Lot size
0.26 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$32,972
Amenities
Central air
Central Air Cooling
Building Details
Year Built
1930
Listing Agency:
@PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
(847) 832-0002
Listed By:
PETER DEFILIPPIS
Source:
Corcoran
Added: Mar 2
Changed: Aug 8
Last Checked: Aug 8 at 5:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
Investment Insights
Based on property information with market context.
This commercial property, located at 7545 W Addison Street in the Dunning neighborhood, presents an investment opportunity with redevelopment potential. The property features three storefronts and a total lot size of 90 x 125, equaling 11,250 square feet. It is currently operating as a fully leased retail investment property, generating rental income from the three storefronts. The property has been rezoned to B2-3, allowing for the development of 17 or more residential units, with the potential for rear parking. This zoning makes it suitable for luxury condominiums or a high-end apartment building. The property offers a strong redevelopment upside and is located in a sought-after area.
Key Highlights
- Redevelopment potential for 17+ residential units due to B2‑3 zoning.
- Located in the
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,260
Businesses Nearby
87k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Shops & Services 34%
Electronics 4%
McDonald's
Dining
30,205 visits/mo
0.4 miles
BP
Shops & Services
17,718 visits/mo
0.5 miles
Starbucks
Dining
13,460 visits/mo
0.4 miles
Taco Bell
Dining
7,993 visits/mo
0.5 miles
Dollar General
Shops & Services
7,037 visits/mo
0.5 miles
Demographics for 60634, IL
75,694
Population
29,344
Households
2.6
Avg Household Size
41
Median Age
27%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
10,661
Density / Sq Mi
$84,997
Median Household Income
$46,694
Median Earnings
$1,271
Median Rent
$333,900
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Three storefronts in Dunning neighborhood with redevelopment potential.
Where is this storefront property located?
The property is located at 7545 W Addison Street Chicago, IL.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Redevelopment potential for 17+ residential units due to B2‑3 zoning.; Located in the
