ON MARKET – MULTI-FAMILY
521 Green Oaks Court Addison, IL 60101
PRICE
$995,000
NUMBER OF UNITS
12
CAP RATE
6.89%
PROPERTY LISTED

Essex Realty Group, Inc. has been exclusively engaged to market for sale 521 Green Oaks Court, a 12 unit apartment building in the Chicago suburb of Addison. The unit mix consists of two (2) 1Bd/1Ba and ten (10) 2Bd/1Ba units. Recent updates to the property include a new, 80 gallon hot water tank (2018) and a newer Peerless boiler (2012). As the enclosed rent comparables indicate, an investor can increase rents approximately 10% by updating the kitchens and baths in each unit.

LOCATION DETAILS

Located in the heart of Addison, the Property's location affords tenants easy access to many of Addison's amenities such as the Addison Green Meadows Shopping Center, the Addison Public Library, and the Village's Community Park. The Property is also a short distance to I-290, making it an ideal location for those commuting to both Chicago and nearby suburbs.

HIGHLIGHTS
  • Great Unit Mix, (2) 1Bd/1Ba & (10) 2Bd/1Ba
  • 100% Occupied
  • High Demand Rental Area
  • Short Distance to I-290 Providing Easy Access to Nearby Suburbs
LISTING BROKERS
Brian Kochendorfer
Managing Director
773.305.4870
Brian Karmowski
Director
773.305.4892
Troy Beebe
Director
773.305.4872