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5152 Fairview AVE Downers Grove, IL 60515
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Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12386496
Sold Date 09/25/25
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
Structure Type Brick
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