Is The Location of This Rundown Illinois Home Worth $1.1 Million?

If you've spent any time with a realtor then at some point you've likely heard them say "location, location, location."

When it comes to location, this completely rundown home in Illinois has a great one, but is it worth over $1 million?

Is This Home Really on the Market for $1,100,000

Before we reveal where it is, let's see what a cool million dollars will get you when this home's only valuable asset is the address.

You can almost smell how musty this living room is just from the picture.

Does it look like the dropped ceiling is about to collapse?

There's so much happening in this kitchen I don't even know where to begin.

This unfinished basement has so much potential, to have lot of rats.

You would be surprised by what you see if you look out that window.

So many patterns in the kitchen it's like being on a 70s acid trip.

READ MORE: Cubs Fan Dream Home on Market for First Time in Century

What does this $1.1 Million house look like from the outside?

This home doesn't exactly have curb appeal, but it doesn't really need to.

And from the front, it's a little better, but you can see the new development right new door.

So where is this home located that could possibly make it worth anything close to $1.1 million?

1110 W. Addison Street, Chicago, Illinois. 

You do know the other "home" that has a famous address on W. Addison in Chicago?

If you don't have any idea what's located at 1060 W. Addison, then we can't be friends. Unless of course, you buy this place at 1110 W. Addison, fix it up as an Airbnb, and let me stay in it for free.

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CLICK HERE to see the home listing for 1110 W. Addison which has 6 bedrooms, 4 bathrooms, and is "the corner 3,000 SQFT lot on the alleyway, providing extra parking space (5 exterior spots!)," right behind the Zachary Hotel that faces Wrigley Field on Clark Street.