Under contract

Contingent

555 N Valerie Lane

Addison IL, 60101

$1,950,000


Under contract

Contingent

Multi-family

Built in 1970

Courtesy of Vanguard Realty, Inc.

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.

12189947

MLS ID

October 16, 2024

Listed

October 25, 2024

Updated

Map

555 N Valerie Lane
Addison IL, 60101

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

No

Exterior/Building Features

Roof

Composition

Other Property Details

Area Name

Addison


Taxes

$26,606


Tax Frequency

Annually


Days on Market

10


Garage

No


View

No


County

DuPage


Pool

No


Zoning

MULTI

Listing History

Date

Event

Price

10/25/2024

Under contract

Courtesy of Vanguard Realty, Inc., Stilian Dinev,
Listing Contact: 312-451-1561 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than LW Reedy Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 10/25/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 8:28 AM UTC, 10/25/2024

 

 

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