Multifamily Property in Naperville,
102 Olesen Dr Naperville, IL
102 Olesen Dr, Naperville, IL, 00000
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For Sale
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Six-unit multifamily property featuring updated units and on-site laundry.
Property Size8,000 SF
Lot Size0.64 Acres
Price / SF$137.50
Days on Market438
Property Features for 102 Olesen Dr
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Lot size
- 0.64 Acres
- Property subtype
- OFFICE
Listing Agency
Jameson Commercial
(773) 551-5165
Listed by
Art Collazo · License #475131028
Source
Moodyscre
Added: May 9, 2025 Updated: Jul 6 at 10:02 am Checked: Jul 19 at 5:12 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jameson Commercial
Investment Insights
Based on property information with market context.
The property at 106 Olesen Drive in Naperville, Illinois, is a 6-unit multifamily building. It comprises five 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. The units feature wood cabinets with laminate tops and stainless steel appliances. Each unit is equipped with A/C units and baseboard hot water heating. Common amenities include a coin laundry room. The property provides 11 parking spots. The building has a property size of 8000 square feet.
Key Highlights
- Multifamily property with six units in Naperville, Illinois.
- Consists of five 2 bed/1 bath units.
- Includes one 1 bed/1 bath unit.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $147.8k | $18.48 |
| − Vacancy | −$7.1k | −$0.89 |
| EGI | $140.7k | $17.59 |
| − OpEx | −$63.3k | −$7.92 |
| NOI | $77.4k | $9.68 |
8,000 SF · lease $18.48/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.11M
$967.6K – $1.29M
NOI $77,409 @ 7.0% cap · market cap 7.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M
NOI $126,405 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Six-unit multifamily property featuring updated units and on-site laundry.
Where is this apartment building located?
The property is located at 102 Olesen Dr Naperville, IL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Multifamily property with six units in Naperville, Illinois.; Consists of five 2 bed/1 bath units.; Includes one 1 bed/1 bath unit.
