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$1,950,000

  • For Sale
  • Active
  • Business
  • 7,000 Sq. Ft.
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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.

Full Property Details for 6845 W Addison St

General

  • Price: $1,950,000
  • Taxes: $13,000 (2023)
  • Status: Active
  • Type: Business
  • Source: MRED
  • MLS ID: 12516751
  • Updated: 2/11/2026
  • Added to Site: 142 day(s) ago

Business

  • Business Type: Bar/Tavern/Lounge, Food & Beverage, Restaurant, Other
  • Years in Business: 1 to 3 Yea
  • Seating Capacity: 100 or More

Interior

  • Interior Features: Accessible Entrance, Private Restroom(s), Storage Inside, Laundry Room

Location

  • Area: CHI - Dunning
  • County: Cook
  • Driving Directions: 6845 West Addison Avenue, Chicago, IL 60634
  • Location Details: Mixed-Use Area, Freestanding/Urban, In City Limits

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Utilities

  • Onsite: Electricity to Site, Natural Gas Available, Water Available

Structural Information

  • Construction: Brick, Concrete
  • Exterior Const.: Brick, Concrete
  • Roof: Tar/Gravel
  • Stories/Levels: 2
  • Square Feet: 7,000
  • Current Bldg. Use: Commercial

Lot Features

  • Lot Size (Sq. Ft.): 12,470
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 99.76 x 125
  • Frontage: City Street, Alley Access, Paved
  • Potential Use: Commercial, Condominium, Residential, Multi-Family, Single Family, Zoning Change Required
  • Zoning: RTAIL

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Tax Amount: $13,000
  • Tax Year: 2023
  • Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Scavenger, Sewer, Other, All Utilities, Trash Collection

Disclosures and Reports

  • Property ID: 13193070060000

Listed by Baird & Warner

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Listing agent

— 6845 W Addison St —

  • Baird & Warner

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 6845 W Addison St

School District:Chicago Public School District 299
NameGradesDistance
Bridge Elementary School
3800 North New England Avenue, Chicago, IL 60634
PK-80.3 mi
Steinmetz Academic Centre High School
3030 North Mobile Avenue, Chicago, IL 60634
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 6845 W Addison St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/05/2026
Price Reduced
$1,950,000
-13.33%
MLS
11/18/2025
Listed
$2,250,000
260%
MLS
4/11/2022
Sold
$625,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 6845 W Addison St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,762
8%
$17,828
—
2022
$3,491
2%
$17,828
—
2021
$3,418
18%
$17,828
29%
2020
$2,901
-7%
$13,798
-11%
2019
$3,128
2%
$15,569
—
2018
$3,075
-16%
$15,569
-16%
2017
$3,665
2%
$18,546
—
2016
$3,590
10%
$18,546
—
2015
$3,278
19%
$18,546
20%
2014
$2,749
2%
$15,461
—
2013
$2,692
1%
$15,461
—
2012
$2,662
—
$15,461
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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6845 W Addison Street, Chicago, IL 60634 (MLS# 12516751) is a Business property. 6845 W Addison Street is currently listed for $1,950,000 and was received on November 18, 2025. Want to learn more about 6845 W Addison Street? Do you have questions about finding other Business real estate for sale in Dunning? You can browse all Dunning real estate or contact a Coldwell Banker agent to request more information.

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