2302 W Addison Street Chicago, IL 60618 • Land - Residential • Active $1,275,000

Description

In a time and neighborhood where inventory is tighter than a pair of skinny jeans on a hot summer day, here's your opportunity to buy in the heart of North Center, one of Chicago's sought after areas to thrive in. 2302 W Addison St, located in the Bell school district, is currently a classic Chicago 2-flat on the border of St Ben's, right across from Roscoe Village, and, having already been gutted, provides a blank canvas that's ready for your ideas! What possibilities lay ahead? You can purchase this property and make it your own. Working together with your architect or designer and general contractor, turn your vision into reality. (NOTE: Seller currently has architectural plans for a 6 BR / 4.5 BTH SFH.) Perhaps you could even think about teaming up with a builder or developer to create the forever home you've been dreaming of. Looking to expand this home to its fullest potential? Sitting on 27' x 125', with RT-3.5 zoning, you can ponder building up to create 3,570 sqft of above grade max floor area, which doesn't even include what awaits in the basement! For you investors out there, consider these alternatives: A) Looking for some rental income? Keep the existing multi-generational living set up, duplexing the first floor down, making for two desirable apartments. B) Build a custom Single Family Home or develop 2 new Condos. What's in the neighborhood? Surrounded by Addison, Western, Belmont, Damen & Lincoln Aves and Roscoe St, there's an abundance of cuisines to enjoy & small businesses to support. Shop for groceries at Whole Foods, Mariano's, Jewel, Wild Fork, Costco, or Fresh Thyme - all within minutes. Parks, pools, River trails, Lane Tech, DePaul College Prep, WGN studios, Wrigley just 1.5 mi away, access to CTA buses & trains, Metra, 90/94, LSD, and so, so much more. Prospective Buyers are more than welcome to check out the exterior [ONLY], from a public space (sidewalk or alley). Although gutted, interior tours can be arranged and allowed, with caution. PROPERTY IS BEING SOLD AS-IS, WHERE IT STANDS. Information on MLS is assumed to be accurate, but NOT guaranteed. Buyer/Buyer's Agent should verify all relevant MLS information. Looking to create a dream home vs just thinking about it? This is your chance to make it happen.

Property Highlights