All-Brick 12-Unit Apartment
New
For Sale
$1,150,000
255 E Oak Street, Addison, IL 60101
Available residences include both two-bedroom and one-bedroom layouts.
Property SizeContact for details
Days on Market4
Property Features for 255 E Oak Street
General Information
Standard status
Active
Property subtype
Commercial
Zoning
MULTI
Additional Details
Highway Access
Yes
Unit Mix
6 x 2BR, 1 x 1BR
Taxes and HOA fees
Annual Taxes
$11,751
Building Details
Year Built
1972
Stories
3
Units
7
Construction
all-brick
Listing Agency:
Suburban Life Realty, Ltd.
(847) 363-0990
Listed By:
Sapan Patel
(847) 363-0990
Source:
Cavanaghrealty
Added: Aug 18
Changed: Aug 20
Last Checked: Aug 21 at 2:11PM
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 Suburban Life Realty, Ltd.
Investment Insights
Based on property information with market context.
This all-brick multifamily property contains 12 apartment units and was built in 1972. The offering includes 7 units: six two-bedroom residences and one one-bedroom residence. Buyers may acquire an individual unit or the full group of available units. Current rents are in place, and the property is zoned MULTI.
The property is positioned near schools, shopping, restaurants, and major expressways, with downtown Addison nearby. Its location provides access to a range of everyday services and regional transportation routes while maintaining proximity to the local downtown area.
The property is positioned near schools, shopping, restaurants, and major expressways, with downtown Addison nearby. Its location provides access to a range of everyday services and regional transportation routes while maintaining proximity to the local downtown area.
Key Highlights
- All‑brick 12‑unit apartment property built in 1972
- Seven units offered: six 2‑bedroom units and one 1‑bedroom unit
- Purchase options include one unit or all 7 available units
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Available residences include both two-bedroom and one-bedroom layouts.
Where is this multifamily property located?
The property is located at 255 E Oak Street Addison, IL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: All‑brick 12‑unit apartment property built in 1972; Seven units offered: six 2‑bedroom units and one 1‑bedroom unit; Purchase options include one unit or all 7 available units
