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255 E Oak Street Addison, IL $ 1,150,000
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$ 1,150,000 Get more info
255 E Oak Street
$ 1,150,000
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255 E Oak Street

Addison, IL, 60101
$ 1,150,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 7,261

255 E Oak Street, Addison, IL 60101 - Image 1

Multi-Family Home for sale in Addison, IL

for $1,150,000 with 3 bedrooms. This home was built in 1972 on a lot size of 1.12.

All-brick, 12-unit apartment property in a desirable and accessible location. 7 of the 12 units are available for sale. Conveniently located near schools, shopping, restaurants, and major expressways, and close to downtown Addison. The available units consist of 6 (2-bedroom units) and 1 (1-bedroom unit). All rents are current. Pro forma financials are based on current market rental rates in the area. Buyers have the option to purchase a single unit or all seven available units.

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Multi-Family Active

Price

$ 1,150,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 11,751

Style

Condominium,Multi-Family

Lot Size

1.12

Year Built

1972

Town/City

Addison

County/Region

DuPage

MLS | Web ID

12735783
Features
General
Possession Closing
Zoning MULTI
Association Fee Includes Heat Water Gas Parking Insurance Exterior Maintenance Lawn Care Snow Removal
Construction Materials Brick
Year Built 1972
Tenant Pays Electricity
Stories Count 3
Township Addison
Tax Year 2025
Current Use Condominium Multi-Family
Gross Income 127200
Additional Parcels Description 9999999900
County DuPage
Net Operating Income 89222
Operating Expense 37978
Insurance Expense 9240
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 9240
Possible Use Multi-Family
Status New
Directions ADDISON RD. 1 BLOCK NORTH OF LAKE ST. EAST ON OAK ST. TO PROPERTY (ACROSS FROM ADDISON PARK DISTRICT).
City Addison
Number Of Units Total 7
MLS Area Addison
Tax Annual Amount 11751
Electric Expense 0
Fuel Expense 3360
Trash Expense 9240
Water Sewer Expense 9240
Additional Parcels Y/N Y
Standard Status Active
Cap Rate 7.7
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Exterior
Lot Dimensions 197X302
Lot Size Acres 1.12
Frontage Type City Street
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* Excluded Features
List By
Suburban Life Realty, Ltd.

Broker

sapanpatel360@gmail.com;sapan.patel@suburbanliferealty.com

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Affordability Calculator

$8,240
Per Month
88%
12%
0%
Monthly Principal & Interest
$7,261
Monthly Property Taxes
$979
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
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Pricing History
DatePricePrice ChangeDescription
8/18/2026$1,150,000 Listed Price

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255 E Oak Street, Addison, IL, 60101 is a Multi-Family Home for sale at $1,150,000 with a lot size of 1.12. 255 E Oak Street has 3 bedrooms, 0.0 baths, and was built in 1972. The property's zip code is 60101 which is in Addison, IL

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