569 N Valerie Ln - Apartments FOR SALE


Addison, IL 60101
$6,600,000 USD
847-530-1550
569 N Valerie Ln, Addison, IL for Sale
$6,600,000 USD
Apartments - FOR SALE
1/5
null | 7.23% Cap Rate

569 N Valerie Ln
Addison, IL 60101


HIGHLIGHTS

  • Close to Addison Downtown
  • Close Access to I-355
  • Close to Shoppings

OVERVIEW

All brick property apartments in desirable and accessible location. Close to schools, shopping, restaurants and expressways. Building is close to downtown area of Addison. 35 2-BR units and 7 1-BR units. All rents are current. Performa numbers based on current market rent rates in the area in Additional Information whereas the property tax is for 2023. The properties include 4 Buildings in the neighborhood: 68-86-126 Elizabeth and 569 Valeried in Addison, a Total of 42 units.

FOR SALE DETAILS

PRICE

$6,600,000 USD

PRICE/SF

$750 USD /SF

# OF UNITS

42

PRICE/UNIT

$157,143

CAP RATE

7.23%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1968

PARKING SPACES

87

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,288 SF

ZONING

R3D, Addison

APN/PARCEL ID

03-21-311-030,03-21-311-032,03-21-311-033,03-21-315-001

ASK ABOUT THIS PROPERTY

Madan KhatriPropertyZoom Inc.More Info
847-530-1550

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Madan KhatriPropertyZoom Inc.More Info
847-530-1550

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.