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606 S Iowa Ave, Addison, IL 60101
About this home
First time on the market in over 20 yrs! Great investment and very easy to rent. Newer roof windows and some minor inprovements in every unit. Great cul-de-sac location with lots of side yard! Huge concrete parking for 12+ cars. Building has many long-term tenants; for that the owner kept rents low however the rents in the area are between $980 to $1050.
Redfin Estimate
Market trends in 60101, IL
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
+0.0% MoM
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Provided by Redfin
Sale history for 606 S Iowa Ave
$156/sq ft
$163/sq ft
$75/sq ft
$74/sq ft
$52/sq ft
Tax history for 606 S Iowa Ave
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- # of Parking Spaces: 12
- Detached Parking
- 6-12 Outdoor Parking Spaces
Interior
- Additional Rooms Information
- Finished Basement
- Equipment
- # of Refrigerators: 6
- # of Ranges: 6
- # of Washers: 1
- # of Dryers: 1
- Heating & Cooling
- Gas Heating, Hot Water Heating, Baseboard Heating
- Wall Sleeve Air Conditioning
- Multi-Family Information
- # of Units: 6
- Last Lease Expiration Date: Thursday, September 30, 2021 5:00 AM
- Tenant Pays Electric
- Unit 1 Information
- # of Units of Type: 5
- # of Rooms: 4
- # of Beds: 2
- # of Baths: 1
- Monthly Income: $660
- Maximum Monthly Income: $950
- Unit 2 Information
- # of Units of Type: 1
- # of Rooms: 3
- # of Beds: 1
- # of Baths: 1
- Monthly Income: $525
- Maximum Monthly Income: $525
Exterior
- Building Information
- Built Before 1978
- Age: 36-50 Years
- Brick Exterior
- Brick Construction
- Concrete Foundation
- Shingle Composition Roof
- Pitched Roof
- Property Features
- Security Entrance, Sidewalks, Other Land Features (See Remarks), Cable Ready
- Other Interior Features (See Remarks), Laundry Room
- Storm Doors & Screens (As Exist), Other Exterior Features (See Remarks)
- Lot Information
- Sq. Ft.: 11761
- Dimensions: INTEGRAL
- Public Road, Other Access (See Remarks)
- Cul-de-Sac
- Zoning: MULTI
- Property Information
- Conversion (Y/N): N
- Deconversion (Y/N): N
- Ownership Type: Individual
- Current Use: Residential (Multi-Family)
- Potential Use: Residential (Multi-Family)
- Parcel Identification Number: 0333205017
Financial
- Financial Information
- Tax: $9,203
- Tax Year: 2019
- Total Monthly Income: $4,785
- Total Annual Income: $57,780
- Gross Rental Income: $57,420
- Gross Rent Multiplier: 10
- Net Operating Income: $40,210
- Net Operating Income Year: 2019
- Finance Code: Conventional
Utilities
- Utility Information
- Circuit Breakers
Location
- Location Information
- Township: Addison
- Directions: Addison to Blecke East to Iowa North to 606
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 3,808
- Stories: —
- Lot Size: 0.27 acres
- Style: Multi-Family (5+ Unit)
- Year Built: 1963
- Year Renovated: —
- County: DuPage County
- APN: 0333205017
Other
- Expense Information
- Total Annual: $8,007
- Total Annual Year: 2019
- Electricity: $371
- Listing Information
- Possession: Closing, Immediate, Tenant's Rights
- Known Encumbrances: First Mortgage
- Sale Terms: Conventional
- Seller Concessions: Yes
- Seller Concessions Amount/Points: 5000
Around this home
Schools
Public K-5 • Assigned • 0.4mi
Public 6-8 • Assigned • 1.2mi
Public 9-12 • Assigned • 2.0mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 102° expected this year, 14 days in 30 years
Minor risk of severe winds over next 30 years
4 unhealthy days expected this year, 5 days in 30 years
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.
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Home values near 606 S Iowa Ave
| Address | Redfin Estimate |
|---|---|
- Beds | 1.5 Baths | 2052 Sq. Ft. | $254,921 |
- Beds | 1.5 Baths | 1368 Sq. Ft. | $261,300 |
| Address | Redfin Estimate |
|---|---|
- Beds | 1.5 Baths | 2052 Sq. Ft. | $268,629 |
3 Beds | 1.5 Baths | 1368 Sq. Ft. | $274,305 |
| Address | Redfin Estimate |
|---|---|
10 Beds | 6 Baths | - Sq. Ft. | — |
- Beds | - Baths | 3816 Sq. Ft. | — |
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