THIS WELL-MAINTAINED, FREE-STANDING CONCRETE BUILDING FEATURES 12 UNITS, INCLUDING 10 TWO-BEDROOM APARTMENTS AND 2 ONE-BEDROOM UNITS. MANY UNITS UPDATED. BUILDING HAS BEEN MAINTAINED GREAT. 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.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.78 Acres
Year renovated
—
Sq. Ft.
7,017
Year built
1965
Style
Multi-Family (5+ Unit)
County
DuPage County
APN
0329201002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
May 11, 2009 • Final
Alteration
Perform plumbing alterations on a multi-family residential building.
Plumbing
Sep 4, 2007 • Final
Accessory
Construct a parking lot for a multi-family residential building.
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.
Property details
Interior
Equipment
# Of Ranges: 12
# Of Washers: 2
# Of Dryers: 2
Unit Type 1 Information
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 10
Monthly Income: $1,000
Monthly Income Max: $1,400
Unit Type 2 Information
# of Rooms: 3
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 2
Monthly Income: $1,000
Monthly Income Max: $1,000
Exterior
Building Information
# of Units: 12
Built Before 1978 (Y/N): Yes
Roof: Composition
Roof Structure: Pitched
Foundation Details: Concrete Perimeter
Construction Materials: Brick, Stone
Property Information
Property Type: Multi Family 5+
Parcel Number: 0329201002
Lot Information
Dimensions: APPROX HALF ACRE
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $26,632
Tax Year: 2023
Financial Information
Finance Code: Conventional
Gross Rent Multiplier: 10.6
Total Monthly Income: $13,360
Gross Income: $160,320
Utilities
Utility Information
Electric: Circuit Breakers
Heating & Cooling
Heat/Ventilation: Central Bldg Heat,Gas,Hot Water,Radiators
Cooling: Window Unit(s)
Location
Location Information
Directions: Lake St to Addison Rd North to Michael Lane West to Valerie Lane, 2nd building South on Valerie.
Public facts
Beds: —
Baths: —
Sq. Ft.: 7,017
Stories: —
Lot Size: 0.78 acres
Style: Multi-Family (5+ Unit)
Year Built: 1965
Year Renovated: —
County: DuPage County
APN: 0329201002
Home facts updated by county records on Aug 26, 2026
Other
Expense Information
Water Sewer Expense: $13,610
Water Expense Source: Actual
Electric Expense: $971
Insurance Expense: $7,346
Listing Information
Some Photos Virtually Staged?: Yes
Around this home
Schools
Army Trail Elementary School
Public K-5 • Assigned • 0.3mi
3/10
Indian Trail Junior High School
Public 6-8 • Assigned • 0.4mi
5/10
Addison Trail High School
Public 9-12 • Assigned • 1.0mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
69
82
64
79
59
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 10.2 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.