Whether you're an investor seeking reliable rental income or an owner-occupant, this well-maintained two-flat offers excellent potential. Both units are currently occupied by long-term tenants, providing immediate income from day one. The property has been updated and cared for over the years, while the full unfinished basement presents valuable potential for additional storage, a workshop, or future improvements. The spacious backyard offers a comfortable outdoor area for tenants to enjoy, and the lot provides room for a possible future garage. Ideally located near major expressways, schools, shopping, dining, and everyday conveniences, this Addison property combines location, flexibility, and income potential. Don't miss this outstanding opportunity to own a versatile two-unit building in a highly sought-after area!
Charming Cul-de-Sac Gem in the Heart of Addison - Unbeatable Location & Income Potential Tucked away on a quiet cul-de-sac in one of Addison's most convenient pockets, this one-of-a-kind home puts everything within walking distance: shopping, schools, the public library, medical offices, the police station, parks, and village hall. Rarely does a location this central come with this much privacy and curb appeal. A Layout Built for Flexibility This home offers a rare dual-living configuration - ideal for multigenerational families, in-law arrangements, or an investor seeking built-in rental income potential: Second floor: Beautifully finished hardwood floors throughout, an open-concept kitchen with generous dining , and three spacious bedrooms served by a full bath. First floor: A complete second living unit with two bedrooms, a full bath, and its own open-concept kitchen - perfect for extended family, a home office/guest suite, or a rented unit generating cash flow from day one.
Check out this brick 4 flat seconds away from Lake St! Minutes away from all the popular spots in Addison! All 4 units are 1 bedroom and 1 bathroom units with long term tenants! Not only that, but the property also has a new roof installed in 2025! Property also has a shed on site for extra storage that is currently being rented for 50$/month! Unit 2 recently was rented for $1,225 and can be rented for more now!

Addison is located in Illinois. Addison, Illinois has a population of 35,999. Addison is less family-centric than the surrounding county with 30.63% of the households containing married families with children. The county average for households married with children is 36.11%.
The median household income in Addison, Illinois is $75,960. The median household income for the surrounding county is $100,292 compared to the national median of $69,021. The median age of people living in Addison is 37.9 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 15.3 degrees. The average rainfall is approximately 38.2 inches per year, with 32.9 inches of snow per year.