7545 W Addison Street
Prime Investment Opportunity in the Highly Sought-After Dunning Neighborhood Exceptional redevelopment or income-generating opportunity in the desirable Dunning area. This 3-storefront commercial property (7545-7551 Addison Street) offers multiple strategic options for investors and developers alike. Option 1 - Immediate Rental Income: Continue operating as a fully leased retail investment property with three storefronts generating steady rental income. Option 2 - Redevelopment Potential: The property has been rezoned to B2-3, allowing for the development of 17+ residential units, with the potential for rear parking. Ideal for luxury condominiums or a high-end apartment building. Property Highlights: Total lot size: 90 x 125 (11,250 sq ft) Three existing storefronts Rear parking potential Strong redevelopment upside Located in the highly sought-after Dunning neighborhood This is a rare opportunity to acquire a sizable lot with flexible zoning in a thriving area. Contact the listing agent for additional information.
- Old 41 Saloon 0.3 mi
- Franksville 0.4 mi
- McDonald's 0.4 mi
- BarTucci 0.5 mi
- Taco Bell 0.5 mi
- Domino's 0.5 mi
- BP Shop 0.5 mi
- Impact Fuel 0.6 mi
- La Tienda Michoacana 1.0 mi
- Rich's Fresh Market 1.1 mi
- Citgo 1.1 mi
- BP Shop 1.1 mi
- McDonald's PlayPlace 0.4 mi
- Hiawatha Park 0.6 mi
- Shabbona Park 0.8 mi
- Bambi Park 1.0 mi
- Mills Park 1.0 mi
- Triangle Park 1.0 mi
- La Capannina Coffee 150 ft
- Starbucks 0.5 mi
- Dunkin' 0.5 mi
- Starbucks 0.7 mi
- Dunkin' 0.7 mi
- Boon Cafe 1.0 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12580993