503 S Westgate Street Addison, IL $ 894,900
503 S Westgate Street
$ 894,900
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503 S Westgate Street

Addison, IL, 60101
$ 894,900
Bedrooms-- Baths-- Sq 7,300

Monthly Estimate*

$ 5,583

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Commercial Property for sale in Addison, IL

for $894,900. This 7,300 square foot building was built in 1965 on a lot size of 0.360009.

Very well maintained 7300 SF building on 15682 SF parcel. Newer roof, Remodeled office,5 separate leased spaces from 1000sf-2200sf all modified GL ranging from 1-5years term. Annual gross income 99400. Minutes to I355 and motivated seller . 5 years transferable warranty for roof work will be offered to new owner.

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Commercial Active

Price

$ 894,900

Property Type

Commercial

Taxes

$ 15,351

Style

Lot Size

0.360009

Year Built

1965

Town/City

Addison

County/Region

DuPage

MLS | Web ID

12378585

Features
General
Cooling Central Air Central Individual
Possession Closing
Roof Rubber
Construction Materials Concrete Brick
Year Built 1965
Electric Service - 101 to 200 Amps
Tenant Pays Air Conditioning Electricity Heat
Stories Count 2
Township Addison
Property Subtype Other
Tax Year 2023
Gross Income 99398
County DuPage
Net Operating Income 77398
Operating Expense 16451
Property Type Commercial Sale Industrial
Possible Use Industrial
Status Active
Directions South on Addison rd. to west on Fullerton to south on westgate to property.
City Addison
Number Of Units Total 5
MLS Area Addison
Lot Size Square Feet 15682
Tax Annual Amount 15351
Additional Parcels Y/N N
Leasable Area 7300
Lease Type Gross
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 7300
Lot Dimensions 15682
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* Excluded Features
List By
Coldwell Banker Realty

Broker

chawah8593@gmail.com;chabane.bounab@cbrealty.com

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Affordability Calculator

$6,862
Per Month
81%
19%
0%
Monthly Principal & Interest
$5,583
Monthly Property Taxes
$1,279
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2025$894,900 -3.25% Price Down
5/30/2025$925,000 Listed Price

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503 S Westgate Street, Addison, IL, 60101 is a Commercial Property for sale at $894,900 with 7,300 sqft and a lot size of 0.360009. 503 S Westgate Street was built in 1965. The property's zip code is 60101 which is in Addison, IL