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Listing 5 out of 3,008
$12,000,000 For Sale

610 North Lincoln Avenue
Addison, IL 60101

96 units | Multi Family Home
3.92 acres - MLS# 10295755
Property Photo
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Description

96 Units comprised of Four 24 unit buildings completely surrounded by 156 Parking spaces. This complex is in great shape. Roofs, windows, and mechanicals are newer. Located at Lake St and Lincoln Ave which is near shopping,schools and accessible transportation arteries. Great apartment mix of two and one bedroom apartments has tremendous occupancy history. Please do not bother employees or tenants. Call lister for more information or to arrange a showing.Extra storage lockers. Courtyard and playground. Don't miss virtual tour.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family 5+
  • Listing Status: Active
  • County/Area: Du Page County
  • Zip Code: 60101
  • Year Built: 1966
  • Units: 96 units
  • Basement: Sub-Basement
  • # of Parking Spaces: 156
  • Lot Size: 3.92 acres
  • # Of Bdrms - Unit 1: 2
  • # Of Bdrms - Unit 2: 1
  • # Of Dishwashers: 96
  • # Of Full Bthrms - Type 1: 1
  • # Of Full Bthrms - Type 2: 1
  • # Of Ranges: 96
  • # Of Refrigs: 96
  • # Of Rooms - Unit 1: 5 Rooms
  • # Of Rooms - Unit 2: 4 Rooms
  • # Of Stories: 2.5
  • # Of Units - Apt. Type 1: 72
  • # Of Units - Apt. Type 2: 24
  • # Of Window/Ac: 96
  • Air Conditioning: Wall Sleeve
  • Approximate Age: 36-50 Years
  • Built Before 1978 (Y/N): Yes
  • Construction: Brick
  • Electrical Service: Circuit Breakers
  • Fuel Expense: $31,343
  • Gross Rent Multiplier: 10
  • Heat/Ventilation: Central Bldg Heat, Gas, Hot Water
  • Insurance Expense: $33,202
  • Lot Dimensions: 559X334
  • Lot Sq Ft: 186706
  • Monthly Income - 1: $1,100
  • Monthly Income - 2: $900
  • Monthly Income Max - 1: $1,160
  • Monthly Income Max - 2: $1,000
  • Net Operating Income Year: $2,018
  • North: 610
  • Repairs-Decor Expense: $102,846
  • Tax Year: 2017
  • Taxes: $193,060
  • Tenant Pays: Air Conditioning, Electric
  • Total Annual Exp: 456545
  • Total Annual Income: $113,794
  • Total Monthly Income: $94,828
  • Township: Addison
  • Type Multi-Family: Corridor-Interior Entrance
  • Water Expense: $95,476
Courtesy of American Realty Services, Inc.
Daniel And Associates Real Estate
465 East Roosevelt Road
West Chicago, IL 60185

Office:  630-231-8090
Office:  630-393-1700

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