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521 Green Oaks Ct S
Addison, IL 60101
Multifamily Property For Sale
·
12 Units
PROPERTY FACTS
| No. Units | 12 | Building Size | 7,353 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1973 |
| Building Class | C | Parking Ratio | 2.18/1,000 SF |
| Lot Size | 0.45 AC | ||
| Zoning | R-2, Addison | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 7,353 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 2.18/1,000 SF |
| Zoning | R-2, Addison |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
ABOUT 521 GREEN OAKS CT S , ADDISON, IL 60101
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. 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.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 700 |
| 2+1 | 10 | - | 800 |
PROPERTY TAXES
| Parcel Number | 03-20-418-007 | Improvements Assessment | $236,140 |
| Land Assessment | $157,416 | Total Assessment | $393,556 |
PROPERTY TAXES
