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6845 W Addison Street

Chicago, IL 60634
  • $1,950,000
  • STATUS: Active
  • MLS #: 12516751
UPDATED: 59 min ago
$1,950,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
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Type:
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School Ratings & Info

Description

The subject property is located at 6845 West Addison Street, Chicago, IL 60634 (the "Property"). This sole and exclusive Broker has been retained to present the sale of this owner-user/investment "Banquet Hall" opportunity. This urban mixed-use asset is situated in Chicago's densely populated and affluent "Schorsch Village" neighborhood. Featuring a 2-story building, 7,000 SF GLA, 3,600 SF-1st Floor (Banquet Hall), 12,470 SF (99.75 x 125) Site, and 25 plus car parking. The subject property is zoned B1-1 and comprises a basement (for storage use), three bedrooms & 2 bathrooms, and a large upscale apartment on the second floor. It is situated in a mixed retail/office and residential city setting. The property's strategic location offers convenient access to major thoroughfares, public transportation, and a wide range of amenities, including restaurants and recreational facilities. The latest neighborhood investments, including new construction condos/rentals, restaurants, and supermarkets, have steadily attracted new homeowners and tenants to this vibrant Schorsch Village in Chicago. The subject property presents a unique opportunity and is positioned as a "Turn-Key" solution for owner-user or investor.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate.

Based on information submitted to the MLS GRID as of 2026-03-17T01:01:43.257 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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6845 W Addison Street Chicago, IL 60634

  • Price: $1,950,000
  • Status: Active
  • On Site: Days
  • Updated: 59 min ago
  • MLS #: 12516751
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
The subject property is located at 6845 West Addison Street, Chicago, IL 60634 (the "Property"). This sole and exclusive Broker has been retained to present the sale of this owner-user/investment "Banquet Hall" opportunity. This urban mixed-use asset is situated in Chicago's densely populated and affluent "Schorsch Village" neighborhood. Featuring a 2-story building, 7,000 SF GLA, 3,600 SF-1st Floor (Banquet Hall), 12,470 SF (99.75 x 125) Site, and 25 plus car parking. The subject property is zoned B1-1 and comprises a basement (for storage use), three bedrooms & 2 bathrooms, and a large upscale apartment on the second floor. It is situated in a mixed retail/office and residential city setting. The property's strategic location offers convenient access to major thoroughfares, public transportation, and a wide range of amenities, including restaurants and recreational facilities. The latest neighborhood investments, including new construction condos/rentals, restaurants, and supermarkets, have steadily attracted new homeowners and tenants to this vibrant Schorsch Village in Chicago. The subject property presents a unique opportunity and is positioned as a "Turn-Key" solution for owner-user or investor.
Exterior Features

Frontage Type City StreetAlley AccessPaved Lot Size .25-.49 Acre Roof Tar/Gravel Waterfront YN No

Interior Features

Cooling Central Air Heat Ventilation Forced Air Miscellaneous Inside Accessible EntrancePrivate Restroom/sStorage InsideLaundry Room

Property Features

Additional Parcels YN Yes Adjusted Net Income 0 Adjusted Net Income Year 2025 Annual Rent For Real Estate 0 Building Area Total 7000 Business Age 1-3 Years Business Type Bar/Tavern/LoungeFood & BeverageRestaurantOther Corporate Limits Chicago Current Use Commercial Gross Profit Year 2025 Gross Sales Annual 0 Gross Sales Annual Year 2025 Location Mixed Use AreaFree Standing/UrbanIn City Limits Mls Actual Status Active Operating Expense 0 Ownership Types CorporationGeneral Partnership Possible Use CommercialCondominiumResidentialMulti-FamilySingle FamilyZoning Change Required Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessLicense/PermitEquipmentTrade FixturesCustomer ListOwner Will TrainPhone NumberBusiness NameKey Money/Good Will Tax Annual Amount 13000 Tax Year 2023 Tenant Pays Air ConditioningElectricityHeatJanitorial ServiceTaxesInsuranceRepairsScavengerSewerOtherAll UtilitiesTrash Collection Type Bus / Bus w/Real Est Type Of Lease None Utilities Electric to SiteNatural Gas AvailableWater Available Zoning RTAIL

Listing courtesy of © 2026 Midwest Real Estate Data LLC as distributed by MLS GRID.
Listing provided courtesy of Baird & Warner: 312-640-7010.



© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate.

Based on information submitted to the MLS GRID as of 2026-03-17T01:01:43.257 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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