555 N Valerie LN

Addison,IL 60101

$ 1950000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12189947

Year Built 1970

Annual Tax Amount $26,606

Tax Year 2023

Lot Dimensions APPROX HALF ACRE

Property Description

THIS WELL-MAINTAINED, FREE-STANDING CONCRETE BUILDING FEATURES 12 UNITS, INCLUDING 10 TWO-BEDROOM APARTMENTS AND 2 ONE-BEDROOM UNITS. SEVEN UNITS (1, 2, 3, 4, 9, 10, AND 11) WERE FULLY GUTTED AND REMODELED IN 2021, FEATURING NEW CABINETS, GRANITE COUNTERTOPS, UPDATED FLOORING, STAINLESS STEEL APPLIANCES, UPDATED BATHROOMS, AND WINDOWS. UNIT 7 HAS RECEIVED A PARTIAL RENOVATION- NEW BATHROOM, UPDATED FLOORING, AND NEW APPLIANCES (ONLY KITCHEN CABINETS WERE NOT REPLACED). RECENT UPGRADES INCLUDE A NEW RADIANT HEAT BOILER INSTALLED IN 2023, ALONG WITH A NEWER WATER HEATER. ROOF 2010, SOME WINDOWS 2007. THE EXTERIOR HAS BEEN ENHANCED WITH NEWER SOFFIT, FASCIA, GUTTERS, DOWNSPOUTS, AND A CHAIN LINK FENCE, AS WELL AS FRESH TILE FLOORING IN COMMON AREAS. FULLY OCCUPIED AND LOCATED IN A HIGH-DEMAND RENTAL AREA. THIS PROPERTY IS CONVENIENTLY CLOSE TO SHOPPING, SCHOOLS, JOBS, AND ACCESSIBLE TRANSPORTATION. THIS BUILDING OFFERS AN EXCELLENT INVESTMENT OPPORTUNITY.

Location

State IL

County Dupage

Area Addison

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Roof Type Composition

Building

Dwelling Type Multi Family 5+

Level or Stories 2

Structure Type Brick,Stone,Wood Frame

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