848 N Mill Rd - Schools FOR SALE


Addison, IL 60101
$1,825,000 USD
630-550-1515
848 N Mill Rd, Addison, IL for Sale
$1,825,000 USD
Schools - FOR SALE
1/5
null | Request Cap Rate

848 N Mill Rd
Addison, IL 60101


HIGHLIGHTS

  • Utilities On-Site
  • Vacant property – Ready for immediate redevelopment
  • 3 Lots
  • DuPage County

OVERVIEW

SVN presents 848 Old Mill Site, a rare 4.51-acre development opportunity in Addison, one of DuPage County’s top markets. The property sits between a residential neighborhood and includes a school building in good condition, ready for repurposing or redevelopment. Developers can work with current zoning or rezone to R-2, matching surrounding properties and allowing for a new community of potentially 20 homes. The site includes modern infrastructure, an on-site transformer, 480 AMP electrical service, a large newer boiler, gas lines, and full fire protection. This is your chance to acquire a large, ready-to-develop site in a prime DuPage County location—ideal for builders looking to deliver new housing in a high-demand market.

FOR SALE DETAILS

PRICE

$1,825,000 USD

PRICE/SF

$161 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.51 AC

LAND SF

196,456 SF

ZONING

R-1

APN/PARCEL ID

03-20-213-009,03-20-214-004,03-20-214-005

ASK ABOUT THIS PROPERTY

Joe ConnellySVN | Chicago CommercialMore Info
630-550-1515

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Joe ConnellySVN | Chicago CommercialMore Info
630-550-1515

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