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Updated Two-Unit Duplex
For Sale
$440,000

121 S Addison Road, Addison, IL 60101

Residential Income, Addison, IL

Property SizeContact for details
Days on Market8

Property Features for 121 S Addison Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Basement, Bedroom 2, Bedroom 4
Parking 4
Parking features Driveway
Basement Full, Unfinished
Middle school Indian Trail Junior High School
High school Addison Trail High School
Elementary school district 4
Middle school district 4
High school district 88
Directions E Side of Addison Rd, North of Fullerton and South of Lake St
Subdivision Addison
Standard status Active
APN 0328409006

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7947

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Building Details

Year built 1956
Building materials Frame
Roof type Asphalt
Listing Agency: Chicagoland Brokers Inc.
Listed By: Dorota Bartosiak · License #475118360
Added: Sep 17 Changed: Sep 24 Last Checked: Sep 24 at 4:06PM
MLS# 12762396

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This two-unit duplex, built in 1956, features a frame exterior, asphalt roof, natural gas forced-air heating, and a driveway. The property includes four bedrooms and two bathrooms, with both units occupied by long-term tenants. Interior updates have been completed over time, and the full unfinished basement provides additional storage or workspace. Public sewer service supports the property, while the spacious backyard offers outdoor space for residents. The lot also provides room for a possible future garage. The Addison location is described as being near major expressways, schools, shopping, dining, and everyday conveniences.

Key Highlights

  • Two‑unit duplex with both units occupied by long‑term tenants
  • Built in 1956 with frame construction and an asphalt roof
  • Four bedrooms and two bathrooms

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Skin Care Clinic Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Parking Lot & Garage Catering Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

812
Businesses Nearby

Demographics for 60101, IL

37,644
Population
14,145
Households
2.7
Avg Household Size
38
Median Age
22%
College-Educated
77%
High-School Grad
11.4 sq mi
ZIP Area
3,302
Density / Sq Mi
$87,860
Median Household Income
$42,007
Median Earnings
$1,236
Median Rent
$315,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Occupied units, an unfinished basement, and a spacious backyard add practical flexibility.
Where is this duplex located?
The property is located at 121 S Addison Road Addison, IL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Two‑unit duplex with both units occupied by long‑term tenants; Built in 1956 with frame construction and an asphalt roof; Four bedrooms and two bathrooms
More about this property
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