1513 W ADDISON Street, Chicago, IL 60613
Southport Corridor · Cook County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
Greystone
Lot Dimensions
22 X 134
Parking Spaces
6
Ownership
Fee Simple
Zoning
MULTI
Days on Market
11
MLS® Listing#
12666976
Property Features
Heating
Basement
Parking
Construction
Roof
Community
Sewer
Water Source
Financial Details
Annual Taxes
$15,758
Tax year 2024
Parcel Number
14203010050000
Directions
Ashland to Addison, East to Property
Affordability Calculator
$259,800
Estimated monthly payment
$6,914/mo
Principal $1,039,200 · Est. interest $1,449,776 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $388,575
- Median Listing Price
- 36
- Median Days on Market
- 1,400
- Median Sq Ft
- $275
- Median Price / Sq Ft
- 4,277
- Active Listings
- This home’s price is 234% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
Chicago Public Schools
Elementary · 0.2 mi away
Saint Andrew School
School · 0.2 mi away
Blaine Elementary School
Elementary · 0.3 mi away
Lakeview Preschool Academy
School · 0.3 mi away
Saint Luke Academy
School · 0.5 mi away
Lake View High School
Secondary · 0.6 mi away
Burley Elementary School
Elementary · 0.6 mi away
Jahn Elementary School
Elementary · 0.7 mi away
Concordia Place
School · 0.7 mi away
Audubon Elementary School
Elementary · 0.7 mi away
ABC Bartending Schools
Secondary · 0.7 mi away
Inter-American Magnet School
Elementary · 0.8 mi away
Chicago Montessori
Elementary · 0.9 mi away
St. Benedict High School
Secondary · 1.0 mi away
Chicago Public Schools
Elementary · 1.0 mi away
St Benedict Elementary School
Elementary · 1.0 mi away
Lake View Academy
School · 1.0 mi away
Bernard Zell Anshe Emet Day School
School · 1.0 mi away
Ravenswood Elementary School
Elementary · 1.0 mi away
Chicago Public Schools
Elementary · 1.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2939 N Hamlin Avenue, Chicago, IL | $925,000 | 8 | 4 | — |
| 4408 S Michigan Avenue, Chicago, IL | $925,000 | 9 | 6 | — |
| 6508 S Ingleside Avenue, Chicago, IL | $930,000 | 9 | 6 | — |
| 3806 W Armitage Avenue, Chicago, IL | $930,000 | 7 | 5 | — |
| 5642 S Prairie Avenue, Chicago, IL | $949,000 | 12 | 8 | — |
| 2711 W Polk Street, Chicago, IL | $949,900 | 9 | 6 | — |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: Keller Williams ONEChicago - 3122162422
Last Updated: 2026-06-08