2302 W Addison St, Chicago, IL, 60618
About This Home
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.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1916
Materials
- Foundation: Brick/Mortar,Concrete Perimeter
- Roof: Asphalt,Flat
- Construction materials: Brick
Other
- Builder model: 2 Flat
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Unfinished,Full
Heating
- Heating features: None
Property
Details
- Parcel number: 14191250410000
- Zoning: MULTI
- Special condition: List Broker Must Accompany
Lot
- Lot size: 3,484 sqft
- Lot size dimensions: 27X125
Parking
- Total spaces: 2
- Parking features: Garage Door Opener,Yes,Garage Owned,Detached,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Inland Flooding
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,447 | $77,364 |
| Home Insurance * | $285 | $3,420 |
| Property Taxes | $1,838 | $22,056 |
| Electricity | $130 | $1,569 |
| Total | $8,700 | $104,400 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-10 | Listing removed | $1,275,000 |
| 2026-07-01 | Listed for sale | $1,275,000 |
| 2025-12-04 | Sold | $810,000 |
| 2025-10-10 | Contingent | $845,000 |
| 2025-09-24 | Price change | $845,000 |
| 2025-09-05 | Price change | $879,000 |
| 2025-08-11 | Listed for sale | $899,000 |
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