$1,950,000
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555 N Valerie Lane Addison, IL 60101
General Commercial
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THIS WELL-MAINTAINED, FREE-STANDING CONCRETE BUILDING FEATURES 12 UNITS, INCLUDING 10 TWO-BEDROOM APARTMENTS AND 2 ONE-BEDROOM UNITS. SEVEN UNITS (1, 2, 3, 4, 9, 10, AND 11) WERE FULLY GUTTED AND REMODELED IN 2021, FEATURING NEW CABINETS, GRANITE COUNTERTOPS, UPDATED FLOORING, STAINLESS STEEL APPLI...ANCES, UPDATED BATHROOMS, AND WINDOWS. UNIT 7 HAS RECEIVED A PARTIAL RENOVATION- NEW BATHROOM, UPDATED FLOORING, AND NEW APPLIANCES (ONLY KITCHEN CABINETS WERE NOT REPLACED). RECENT UPGRADES INCLUDE A NEW RADIANT HEAT BOILER INSTALLED IN 2023, ALONG WITH A NEWER WATER HEATER. ROOF 2010, SOME WINDOWS 2007. THE EXTERIOR HAS BEEN ENHANCED WITH NEWER SOFFIT, FASCIA, GUTTERS, DOWNSPOUTS, AND A CHAIN LINK FENCE, AS WELL AS FRESH TILE FLOORING IN COMMON AREAS. FULLY OCCUPIED AND LOCATED IN A HIGH-DEMAND RENTAL AREA. THIS PROPERTY IS CONVENIENTLY CLOSE TO SHOPPING, SCHOOLS, JOBS, AND ACCESSIBLE TRANSPORTATION. THIS BUILDING OFFERS AN EXCELLENT INVESTMENT OPPORTUNITY.
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MLS#
12189947
Property Type
General Commercial
Year Built
1970
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