Listing provided courtesy of Keller Williams ONEChicagoMREDas Distributed by MLSGrid- MLS# 12666976MLS Provider

1513 W ADDISON StreetChicago, IL 60613

Multi-Family · 8 Beds
$1,299,000 Active

1513 W ADDISON Street Overview

Time on Site:
21 days
Visits:
0

Exceptional opportunity to own a classic Chicago Greystone in one of Lakeview's most sought-after locations. Situated just steps from Wrigley Field, the Southport Corridor, CTA transit, shopping, dining, and entertainment. This well-maintained investment property offers the perfect blend of historic charm, stable income, and long-term upside. The building consists of two spacious 3-bed / 1-bath apartments plus a non-conforming 2-bed garden unit. All the units showcase features that tenants love, including hardwood floors, good room sizes, separate living & dining rooms, Washer & Dryer in each unit. Additional features include gas-forced heat and central A/C, rear porches, and 3 tandem parking spaces accommodating up to six vehicles. Investors will appreciate the opportunity to increase rents through strategic updates, while owner-occupants may explore future renovation, duplexing, or conversion possibilities. Whether you're seeking a turnkey investment, a value-add opportunity, or a chance to own a piece of classic Chicago architecture, this Lakeview Greystone delivers location, character, and exceptional potential in one of the city's most enduring neighborhoods.

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1513 W ADDISON Street Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Income/Expenses

  • Electric Expense: 426
  • Fuel Expense: 1435
  • Gross Income: 65728
  • Insurance Expense: 2175
  • Water Sewer Expense: 1177

Building Information

  • New Construction: No

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Lake View
  • Subdivision Name: Southport Corridor
  • Township: Lake View

Community/Development

  • Community Features: Curbs, Street Lights, Street Paved

Tax Information

  • Tax Annual Amount: $15,758.19
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 14203010050000
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 3
  • Bedrooms Total: 8
  • Bedrooms Possible: 8
  • Full Baths Building: 3

General Information

  • Basement: Finished, Exterior Entry, Full
  • Heating: Natural Gas, Forced Air
  • Rooms Total: 16

Exterior

Parking Information

  • Parking Features: Assigned, Yes, Owned
  • Parking Total: 6

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0
  • Lot Size Dimensions: 22 X 134
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Greystone
  • Construction Materials: Brick, Stone
  • Roof: Rubber

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 2400
  • Beds Total: 3
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 2900
  • Beds Total: 3
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 1600
  • Beds Total: 2
  • Baths Total: 1

1513 W ADDISON Street Neighborhood

Community

60613 (Chicago) Demographics

33
Median Age
19,733
Population Density (per sq. mile)
79%
College Educated
$84,463
Estimated Median Income
10,670
Estimated Total Home Owners
16,611
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1513 W ADDISON Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1513 W ADDISON Street Market Data

Based on the last 30 days in this zip code

$545,378
Average List Price
$486
Average Price per Square Foot
78
Properties Sold
37
Average Days on Market
170
Properties for Sale
Calculations provided by Reliance Network

1513 W ADDISON Street History

Date Event Value Agent
6/13/2026Source: MRED Status Change
Active
6/8/2026Source: MRED Added to Database
June 08, 2026