12-Unit Brick Multifamily
New
For Sale
$1,150,000
255 E Oak Street, Addison, IL 60101
MULTI_FAMILY - Addison, IL
Property SizeContact for details
Lot Size1.12 Acres
Days on Market1
Property Features for 255 E Oak Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
13
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 4, Bathroom 7, Bedroom 13, Bathroom 4, Bedroom 2, Bedroom 10, Bedroom 12, Bedroom 7, Bathroom 5, Bedroom 8, Bedroom 11, Bedroom 3, Bathroom 6, Bedroom 1, Bedroom 9, Bedroom 5, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 6
Directions
ADDISON RD. 1 BLOCK NORTH OF LAKE ST. EAST ON OAK ST. TO PROPERTY (ACROSS FROM ADDISON PARK DISTRICT).
Subdivision
Addison
Standard status
Active
APN
9999999000
Lot size
1.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11751
Building Details
Year built
1972
Floors in Building
3
Number of units
7
Building materials
Brick
Listing Agency:
Suburban Life Realty, Ltd.
(847) 363-0990
Listed By:
Sapan Patel
(847) 309-6939
Added: Aug 18
Last Checked: Aug 18 at 9:06PM
MLS# 12735783
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 12-unit multifamily property is constructed with brick and was built in 1972 on 1.12 acres. The offering includes seven residences: six two-bedroom units and one one-bedroom unit. Current rents are reported for the property, and buyers may acquire one available unit or the full group of seven.
The property is in Addison, Illinois, with access to schools, shopping, restaurants, major expressways, and downtown Addison. MULTI zoning supports its multifamily classification. The available residences provide a mix of two-bedroom and one-bedroom layouts within the larger apartment property.
The property is in Addison, Illinois, with access to schools, shopping, restaurants, major expressways, and downtown Addison. MULTI zoning supports its multifamily classification. The available residences provide a mix of two-bedroom and one-bedroom layouts within the larger apartment property.
Key Highlights
- 12‑unit apartment property built in 1972
- Seven units available: six 2‑bedroom units and one 1‑bedroom unit
- All‑brick construction on 1.12 acres
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
788
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 - Seven available residences include six two-bedroom units and one one-bedroom unit.
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: 12‑unit apartment property built in 1972; Seven units available: six 2‑bedroom units and one 1‑bedroom unit; All‑brick construction on 1.12 acres
