Downers Grove, IL 60515 5152 Fairview Avenue
$1,600,000
Presented By: Keller Williams Premiere Properties
Beds • 1
Home Details
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.
Presented By: Keller Williams Premiere Properties
General for 5152 Fairview Avenue
Additional Parcels Y/NNo
Cap Rate5.2
CityDowners Grove
Construction MaterialsBrick
CoolingWindow Unit(s)
CountyDuPage
Current UseMulti-Family
DirectionsHeading E on Ogden Ave, turn right onto Fairview. Property will be on the right.
Electric Expense1232
Fuel Expense2790
Gross Income134273
Insurance Expense
MLS AreaDowners Grove
MaintenanceExpense10630
ModificationTimestamp2025-06-12T08:02:50.678Z
Net Operating Income83303
Number Of Units Total10
Operating Expense68598
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount17088
Tax Year2023
Tenant PaysElectricity
TownshipDowners Grove
Trash Expense2044
Water Sewer Expense4464
Year Built1960
ZoningMULTI
Exterior for 5152 Fairview Avenue
Lot Dimensions66X296
Lot Size Acres0.45
Additional Details
Price History
