Downers Grove, IL 60515,5152 Fairview AVE
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Michael Bempah

Michael Bempah

The Bempah Group

+1(630) 206-9116
$ 1,600,000
Est. payment | /mo

0.45 Acres Lot


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$ 1,600,000
Est. payment | /mo
Save

0.45 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12386496

Maintenance Fees $10,630

Year Built 1960

Annual Tax Amount $17,088

Tax Year 2023

Lot Size 0.450 Acres

Lot Dimensions 66X296

Property Sub-Type Multi Family 5+

Property Description

Introducing a prime multifamily investment opportunity in Downers Grove, IL. This impressive property boasts a 6,895 SF building with 10 units, offering a lucrative investment potential. Built in 1960, the property features a desirable low-rise/garden layout and is strategically zoned R-6. Situated in the sought-after Downers Grove area, this property presents an attractive prospect for investors seeking a well-maintained, income-generating asset. With its solid construction, ample living space, and favorable zoning, this multifamily property is poised to deliver long-term value and attractive returns in the thriving Downers Grove market.

Location

State IL

County Dupage

Area Downers Grove

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 2

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
Listed by Charles McCann • Keller Williams Premiere Properties
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agent
Michael Bempah

Broker | License ID: 475.175881

+1(630) 206-9116

50 S Main St, Naperville, IL, 60540, USA

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5152 Fairview AVE