Downers Grove, IL 60515,5152 Fairview Avenue
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$ 1,600,000
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5152 Fairview Avenue Downers Grove, IL 60515

0.45 Acres Lot


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Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12386496

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

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

View Y/N true

Building

Structure Type Brick


Listed by Charles McCann • Keller Williams Premiere Properties
agent

Stephani Nydam Brooks

Broker | RB19001139 | 475.199767

+1(708) 601-2874

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5152 Fairview Avenue