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$650,000
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Property Description
Fantastic investment opportunity to own a turnkey, income-producing property. This solid brick building features a legal two-flat plus a fully finished garden-level in-law apartment (non-conforming, but meets CHA requirements for tenant), offering excellent cash flow and flexibility for both investors and owner-occupants looking to decrease their mortgage expense by living in one unit and renting out the others. Located on vibrant Addison Street, the property is well-maintained and recently updated. The second-floor and garden units have been fully remodeled and feature spacious living and dining areas, updated bathrooms, new windows, and modern kitchens with plenty of cabinet space and updated appliances. The first-floor unit includes three bedrooms and one bathroom. The second-floor unit offers four bedrooms and one bathroom. Both main units feature classic hardwood floors, ceiling fans, with a separate living and dining room, along with an eat-in kitchen and a bright, open layout. The current rental income includes $1,239/month from the garden-level apartment, $2,200/month from the first-floor unit, and $2,565/month from the second-floor unit-bringing the total to $6,004/month or $72,048/annually. Additional features include a fenced backyard, shared patio, common laundry area, and a two-car garage generating additional income. Conveniently located near public transit, major expressways, parks, and everyday essentials like Walmart, ALDI, and Home Depot. Just six miles from Wrigley Field, this property benefits from high rental demand and long-term value in a desirable neighborhood. **FHA buyers are welcome.
Full Property Details
Full Property Details for 6024 W Addison St
General
- Sold For: $650,000
- Taxes: $7,596 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12391425
- Added to Site: 217 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Additional Information
- Equipment: Water Heater-Gas
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - Dunning
- County: Cook
- Driving Directions: From I-90 - head west on Addison approx 3 miles to 6024 Addison St From 294 & Irving Park Rd - head east on IL-19 (Irving Pk Rd) 4.5 miles to N Oak Park Ave turn right - .5 mile to Addison St, 1 mile and location on left side.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Steam
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Year Built: 1924
- Built Before 1978: Yes
- Remodeled/Updated: 2024
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.09
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 33 x 125
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1924
- Tax Amount: $7,596
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13201280260000
Listed by Real 1 Realty
Sold by Right Realty Group
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Schools
Schools serving 6024 W Addison St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Smyser Elementary School 4310 North Melvina Avenue, Chicago, IL 60634 | K-8 | 0.9 mi |
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6024 W Addison St
Date
Details
Price
Change
Source
12/12/2025
Sold
$650,000
-2.84%
MLS
7/03/2025
Price Reduced
$669,000
-2.9%
MLS
6/12/2025
Listed
$689,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6024 W Addison Street, Chicago, IL 60634 (MLS# 12391425) is a Multi-Family property that was sold at $650,000 on December 12, 2025. Want to learn more about 6024 W Addison Street? Do you have questions about finding other Multi-Family real estate for sale in Dunning? You can browse all Dunning real estate or contact a Coldwell Banker agent to request more information.

