841 W college Boulevard Addison, IL ^$ 950,000

841 W college Boulevard

^$ 950,000

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841 W college Boulevard

Addison, IL, 60101

^$ 950,000

Bedrooms9 Baths0.0

Monthly Estimate*

^$ 5,849

841 W college Boulevard, Addison, IL 60101 - Image 1

841 W college Boulevard, Addison, IL 60101 - Image 2

841 W college Boulevard, Addison, IL 60101 - Image 3

841 W college Boulevard, Addison, IL 60101 - Image 4

841 W college Boulevard, Addison, IL 60101 - Image 5

841 W college Boulevard, Addison, IL 60101 - Image 6

841 W college Boulevard, Addison, IL 60101 - Image 7

841 W college Boulevard, Addison, IL 60101 - Image 8

841 W college Boulevard, Addison, IL 60101 - Image 9

841 W college Boulevard, Addison, IL 60101 - Image 10

Multi-Family Home for sale in Addison, IL

for $950,000 with 9 bedrooms. This home was built in 1974 on a lot size of 0.082071.

Excellent opportunity to own a well-maintained 6-unit multifamily property offering strong and stable cash flow. The building features a unit mix of three 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, appealing to a wide range of tenants. The property currently generates $117,360 in annual rental income based on the existing rent roll, making it an attractive addition to any investor's portfolio. HOA covers landscaping, snow removal, and parking lot maintenance, helping reduce ownership responsibilities. Ideally located near major highways and shopping centers, this property offers convenience and accessibility, enhancing tenant demand and long-term value. A turnkey investment with steady income and upside potential-don't miss this opportunity!

Multi-Family Contingent

Price

^$ 950,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 21,395

Style

Multi-Family

Lot Size

0.082071

Year Built

1974

Town/City

Addison

County/Region

DuPage

MLS | Web ID

12616811

Features

General

Sewer Storm Sewer

Cooling Wall Sleeve Window Unit(s)

Possession Closing

Roof Rubber

Association Fee Includes Parking Insurance Exterior Maintenance Lawn Care Scavenger Snow Removal

Construction Materials Brick

Year Built 1974

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity

Stories Count 3

Township Bloomingdale

Tax Year 2024

Current Use Multi-Family

Gross Income 9780

County DuPage

Net Operating Income 71675

Operating Expense 45685

Insurance Expense 5235

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

MaintenanceExpense 3250

Possible Use Condominium Multi-Family

Status Contingent

Directions Lake Street W of Route 53 to Swift Road S to College W to property

City Addison

Number Of Units Total 6

MLS Area Addison

Lot Size Square Feet 3575

Tax Annual Amount 21395

Electric Expense 900

Fuel Expense 3750

Trash Expense 2400

Water Sewer Expense 4555

Additional Parcels Y/N N

Standard Status Active Under Contract

Cap Rate 7.54

Exterior

Water Source Municipal Water

Foundation Details Concrete Perimeter

Lot Dimensions 55 X 65

Frontage Type City Street Private Road

* Excluded Features

List By

Arni Realty Incorporated

Broker

parekhrealty@gmail.com

Affordability Calculator

$7,632

Per Month

Monthly Principal & Interest: $5,849
Monthly Property Taxes: $1,783
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Addison, IL

Average List Price ^$950,000

Percent of Sale Price 0%

About Addison, IL

36,427 Population

2% Since 2002

^$56,130 Median Income

36.77 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/13/2026	$950,000		Listed Price

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841 W college Boulevard, Addison, IL, 60101 is a Multi-Family Home for sale at $950,000 with a lot size of 0.082071. 841 W college Boulevard has 9 bedrooms, 0.0 baths, and was built in 1974. The property's zip code is 60101 which is in Addison, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/19/2026.

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841 W college Boulevard

Multi-Family Home for sale in Addison, IL

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