308 West Lincoln Court $589,000

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    308 West Lincoln Court Addison, IL 60101

    Temporarily No Showings
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    • 0.27 Acres
    • Commercial
    • MLS# 10665918
    Favorite Share
    Views: 16 Days On Market: 120

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    Property Details

    Excellent Location and Investment Opportunity! 6 Unit All Brick Apartment building in sought after area in Addison. No Association. Turn-key property and well maintained. All units are fully leased. Value-add opportunity to increase rents to market value. Great existing tenants and neighborhood. Easy to rent. 7.3% cap rate! 5- Two-bedroom units & 1- One-Bedroom unit. Coin-laundry in building. 11 parking spaces. NEW ROOF(2019), New Water Pump(2019), Newer windows(2009). Washer and Dryer income -recently increased. Clean and Quiet building. High School and Elementary school few blocks away. Close to O'Hare Airport/ i355 & 290 Expressways/Bus stops. Minutes from Wood Dale Metra. Schedule to see soon!!!

    • General Features
      • MultiFamily Type Garden Complex
      • Age 36-50 Years
      • Information 24-Hr Notice Required,List Broker Must Accompany
      • Amenities Lighting/Exterior, Sidewalks
      • Zoning MULTI
      • Taxes 12347
      • Gross Rental Income 66300
      • County Du Page
    • Building Features
      • Construction Brick
      • Building Exterior Brick
      • 1 Hot Water
    • Room Features
      • 1 1
      • 1 1
      • 2 2
      • 2 1
      • 3 2
      • 3 1
      • 4 2
      • 4 1
      • 5 2
      • 5 1
      • 6 1
      • 6 2
      • 7 0
    • Property Features
      • Foundation Concrete

    Contact

    Julie Downey

    Julie Downey

    Broker

    Gagliardo Realty

    Cell: 708-203-0289

    Neighborhood

    60101 (Addison) Demographics

    35 Median Age
    3,439 Population Density (per sq. mile)
    27% College Educated
    $56,741 Estimated Median Income
    8,715 Estimated Total Home Owners
    4,393 Estimated Total Renters
    66% / 34% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    39,645 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $248,950 Median Sales Price
    40 Homes Sold
    61 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $589,000
        7/6/2020 8:37:45 PM Status Changed Source New Value: Temporarily No Showings
        6/24/2020 8:23:40 AM Status Changed Source New Value: Pending
        3/24/2020 1:07:00 PM Status Changed Source New Value: Temporarily No Showings
        3/18/2020 3:07:34 AM Status Changed Source New Value: Active
        3/12/2020 10:38:00 PM New in Database Source

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.