Addison, IL 60101,555 N Valerie Lane
Addison, IL 60101,555 N Valerie Lane
Addison, IL 60101,555 N Valerie Lane
Addison, IL 60101,555 N Valerie Lane
Addison, IL 60101,555 N Valerie Lane
Addison, IL 60101,555 N Valerie Lane
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$1,800,000

$1,950,000

7.7%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 12/23/2024

Key Details

Sold Price $1,800,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12189947

Sold Date 12/23/24

Year Built 1970

Annual Tax Amount $26,606

Tax Year 2023

Lot Dimensions APPROX HALF ACRE

Property Sub-Type Multi Family 5+

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

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

View Y/N true

Roof Type Composition

Building

Foundation Concrete Perimeter

Structure Type Brick,Stone,Wood Frame

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Listed by Stilian Dinev • Vanguard Realty, Inc.
Bought with Rutul Parekh • ARNI Realty Incorporated
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(815) 210-5141

melissaoverman@gmail.com

50 S Main St, Naperville, IL, 60540, USA

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