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    215 E Oak St Addison, IL 60101

    Sponsored
    For Sale
    Under Contract
    $2,700,000

    MULTI_FAMILY - Addison, IL

    Lot size:
    1.12 Acres
    Days on Market:
    12
    Last Refresh:
    Jan 8 at 3:06 am

    Property Features for 215 E Oak St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    Rooms
    Bedroom 9, Bathroom 7, Bedroom 13, Bedroom 27, Bedroom 21, Bathroom 3, Bedroom 6, Bedroom 26, Bedroom 10, Bathroom 13, Bedroom 19, Bathroom 2, Bedroom 1, Bathroom 16, Bedroom 25, Bathroom 5, Bedroom 18, Bathroom 8, Bathroom 17, Bathroom 12, Bedroom 11, Bedroom 16, Bedroom 20, Bathroom 6, Bathroom 15, Bedroom 3, Bathroom 1, Bathroom 18, Bedroom 8, Bedroom 22, Bedroom 2, Bathroom 9, Bathroom 11, Bedroom 14, Bedroom 15, Bedroom 17, Bedroom 24, Bedroom 23, Bedroom 7, Bedroom 12, Bathroom 14, Bedroom 4, Bedroom 5, Bathroom 4, Bathroom 10
    Bedrooms
    27
    APN
    0328211028
    Lot size
    1.12 Acres

    Building Details

    Year built
    1972
    Floors in Building
    3
    Number of units
    18
    Building materials
    Brick

    Berkshire Hathaway HomeServices American Heritage Real Estate (847) 806-8336 [email protected]

    Listing agent Madan Khatri (847) 530-1550

    Listing date Dec 28, 2025

    MLS# 12456797 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Addison Multifamily Investment Opportunity

    This is an all-brick 18-unit apartment property situated in a desirable and accessible location in Addison, Illinois. The building is located close to schools, shopping, restaurants, and expressways, and is near the downtown area. The unit mix comprises nine 2-bedroom units and nine 1-bedroom units. All rents are current. The property is located in DuPage County on a 1.12-acre lot. The property tax information provided is for 2024. Another property for sale is located at 120 S Lincoln. The zoning is MULTI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Addison
    County
    DuPage
    State
    Illinois
    Longitude
    -87.98364
    Latitude
    41.932978

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    FAQs

    What type of property is this?
    Apartment building - All-brick 18-unit apartment building in a desirable Addison location.
    Where is this apartment building located?
    The property is located at 215 E Oak St Addison, IL.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: - 18-Unit all brick apartment building.; - Desirable and accessible location near schools, shopping, restaurants, and expressways.; - Mix of nine 2-BR and nine 1-BR units.
    (847) 806-8336
    Request Owner's contact information
    215 E Oak St Addison, IL 60101
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    Addison, IL 60101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    215 E Oak St Addison, IL 60101
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