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Updated Four-Unit Apartment Building
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601 N Highview Ave, Addison, IL 60101

Remodeled multifamily asset with refreshed interiors and a varied residential unit mix.

Property SizeContact for details
Days on Market146

Property Features for 601 N Highview Ave

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 3 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units 4

Building Details

Buildings 1
Listing Agency: McCann Properties
Listed By: Charles McCann · License #IL 60148
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 7:45PM

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 McCann Properties

Investment Insights

Based on property information with market context.

This four-unit apartment property has undergone comprehensive interior and building-system updates. Improvements include new kitchens with cabinets and quartz countertops, renovated bathrooms, a new boiler, and updated electrical and plumbing systems.

The unit mix includes three one-bedroom, one-bath residences and one three-bedroom, one-bath residence, providing a combination of smaller and larger apartment layouts within the same building.

Key Highlights

  • Four‑unit apartment building with three 1 bed/1 bath units and one 3 bed/1 bath unit
  • All units recently completely updated and remodeled
  • New kitchens with cabinets and quartz countertops

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Skin Care Clinic Acupuncture Veterinary Clinic Storage Facility Daycare Center

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

839
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

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?
Quadplex - Remodeled multifamily asset with refreshed interiors and a varied residential unit mix.
Where is this quadplex located?
The property is located at 601 N Highview Ave Addison, IL.
What are key features of this property?
This property features: Four‑unit apartment building with three 1 bed/1 bath units and one 3 bed/1 bath unit; All units recently completely updated and remodeled; New kitchens with cabinets and quartz countertops
More about this property
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