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848 N Mill Rd 22,350 SF Specialty Building Offered at $1,825,000 in Addison, IL 60101
INVESTMENT HIGHLIGHTS
- Utilities On-Site
- 3 Lots
- Vacant property – Ready for immediate redevelopment
- DuPage County
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
| Price | $1,825,000 | Building Class | C |
| Price Per SF | $81.66 | Lot Size | 4.51 AC |
| Sale Type | Investment or Owner User | Building Size | 22,350 SF |
| Sale Condition | Redevelopment Project | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1990 |
| Property Subtype | School | ||
| Zoning | R-1 | ||
| Price | $1,825,000 |
| Price Per SF | $81.66 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 4.51 AC |
| Building Size | 22,350 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Zoning | R-1 |
Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $41,641 | |
| Land Assessment | $38,715 | Total Assessment | $80,356 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$38,715
Improvements Assessment
$41,641
Total Assessment
$80,356
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848 N Mill Rd
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