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!
Multi-familyProperty Type
1956Year Built
7,056 sq ftLot Size
4 spacesParking
Listed by Dorota Bartosiak• Chicagoland Brokers Inc.
***DEAL FELL APART DUE TO FINANCING****Great opportunity is waiting for investor or owner occupied for 2 flat building in the heart of Addison. Both units are currently rented to a long term tenants. One unit will be available in mid June. Home has 8 years new roof and windows, does need some TLC but in good condition. Full unfinished basement has great potential. No garage put plenty of room to build one and many parking space. Great location. close to expressways, schools,shopping.
Year
Property tax
Land + Additions
Assessment*
2024
$7,947 (+4.1%)
$45,100 + $67,650
$112,750
2023
$7,630 (+9.7%)
$41,460 + $62,190
$103,650
2022
$6,957 (+4.1%)
$37,780 + $56,680
$94,460
2021
$6,683 (+2.5%)
$36,190 + $54,290
$90,480
2020
$6,518 (+0.4%)
$34,660 + $52,000
$86,660
2019
$6,489 (+23.7%)
$33,330 + $50,000
$83,330
2018
$5,245 (+2.3%)
$25,850 + $38,760
$64,610
2017
$5,126 (+2.2%)
$24,710 + $37,040
$61,750
2016
$5,018 (+1.9%)
$22,810 + $34,200
$57,010
2015
$4,922 (+16.4%)
$21,070 + $31,590
$52,660
2013
$4,230 (+3.3%)
$11,730 + $35,180
$46,910
2012
$4,096 (+5.0%)
$12,520 + $37,570
$50,090
2011
$3,901 (+3.8%)
$13,930 + $41,800
$55,730
2010
$3,760 (+2.6%)
$11,890 + $47,560
$59,450
2009
$3,664 (+2.6%)
$13,070 + $52,300
$65,370
2008
$3,570 (+6.6%)
$13,070 + $52,300
$65,370
2007
$3,349
$12,150 + $48,610
$60,760
Public record
Public record
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
7,084 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,908
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,908
Year built
1956
Style
Multi-Family (5+ Unit)
County
DuPage County
APN
0328409006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
Jun 19, 2026 • Active
Accessory
ADU
Jul 25, 2018 • Final
Accessory
ADU
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 102° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Addison, IL • 60101
Average low and high temperatures (°F)
29
15
38
22
55
34
62
43
69
49
81
63
85
68
81
64
78
58
68
49
50
37
36
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 121 S Addison Rd
$435,275
$4,725 under list price of $440K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $339K to $460K.