Active
4 beds
121 Addison Rd, Addison, IL 60101
Est: $3,011/moGet pre-approved
Multi FamilyProperty Type
0.16 acresLot Size
1956Year Built
4 carsParking Spaces

Description

Whether you're an investor seeking reliable rental income or an owner-occupant, this well-maintained two-flat offers excellent potential. Both units are currently occupied by long-term tenants, providing immediate income from day one. The property has been updated and cared for over the years, while the full unfinished basement presents valuable potential for additional storage, a workshop, or future improvements. The spacious backyard offers a comfortable outdoor area for tenants to enjoy, and the...Whether you're an investor seeking reliable rental income or an owner-occupant, this well-maintained two-flat offers excellent potential. Both units are currently occupied by long-term tenants, providing immediate income from day one. The property has been updated and cared for over the years, while the full unfinished basement presents valuable potential for additional storage, a workshop, or future improvements. The spacious backyard offers a comfortable outdoor area for tenants to enjoy, and the lot provides room for a possible future garage. Ideally located near major expressways, schools, shopping, dining, and everyday conveniences, this Addison property combines location, flexibility, and income potential. Don't miss this outstanding opportunity to own a versatile two-unit building in a highly sought-after area!
21 days on Market
  • Listed by: Dorota Bartosiak 847.293.4240 dorotahomes@gmail.com • Chicagoland Brokers Inc.
Last updated: 09/24/2026 12:06 AM • Source: MRED as distributed by MLS GRID, MLS#: 12762396

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Listing Courtesy of Chicagoland Brokers Inc.
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$3,011 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,349

Property Taxes

$662

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Property Information for 121 Addison Road

Property Details
  • Taxes: $7,947 / year
  • MLS Type: Two to Four Units / 2 Flat
  • Area: Addison
  • Township: Addison
  • Ownership: Fee Simple
  • Parking Included in Price: Yes
  • Heat/Fuel: Natural Gas, Forced Air
  • Zoning: MULTI
Building Information
  • Residences: 2
  • Year Built: 1956
  • Lot Size: 0.16 AC / 7,056 SF
General Information
School Information
  • Elementary School District: 4
  • Jr High Middle School: Indian Trail Junior High School
  • High School District: 88
  • High School: Addison Trail High School
  • Middle Or Junior School District: 4
Addtl Parking Information
  • Parking Details: Driveway, Yes, Other
Property Information
Interior Features
  • Num Of Rooms: 6
  • Bedrooms Total: 4
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights
  • Basement Type: Unfinished, Full
  • Bedrooms Possible: 4
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Other Equipment: TV-Cable, CO Detectors, Sump Pump
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 61-70 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 49X144
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Frame
  • Construction: Frame
  • Roof Type: Asphalt
  • Foundation Details: Block
  • General Information: School Bus Service
  • 3 Br Un In Bldg: No
  • Flood Zone: No
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 3
  • Document Date: 2026-09-23T16:35:11
  • Photos Count: 34
  • Habitable Residence: Yes
  • OpenHouse Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $31,200.00
  • Insurance Expense: $1,500.00
  • Maintenance Expense: $.00
  • Manager Expense: $.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Manager Expense Source: AC
  • Other Addl Income: Other
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Trash Expense Year: 0
  • Water Expense Source: Actual
  • Net Operating Income: $27,900.00
  • Professional Management Expense: $.00
  • Trash Expense: $900.00
  • Water Sewer Expense: $900.00
  • Other Expenses $: 0
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0

Property History for 121 Addison Road

DateEvent & SourcePriceAppreciation
Sep 17, 2026

Listed (Active)

MRED #12762396

$440,000—
Nov 7, 2016

Sold

MRED #09226787

$178,000—
Oct 28, 2016

Sold (Public Record)

Public Record #583947968

$178,000—
DateEvent & SourcePrice
09/17/2026

Listed (Active)

MRED #12762396

$440,000
11/07/2016

Sold

MRED #09226787

$178,000
10/28/2016

Sold (Public Record)

Public Record #583947968

$178,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 121 Addison Road

Taxable ValueLand$48,663Additions$72,994Total$121,657
Tax Record2025$8,167 ($681 / month)
Home Facts
Total Finished SqFt1,908 SqFtAbove Grade Finished SqFt1,908 SqFtLot Size6,970 SqFtStyleMulti-Family Res (5+ Units)Year Built1956Year Renovated1956ZoningACountyDUPAGEAPN03-28-409-006

Schools near 121 Addison Road

This home is within Addison School District 4.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Fullerton Elementary School
PublicK to 5

Indian Trail Jr High School
Public6 to 8

Addison Trail High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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121 Addison Road is a multi-family home for sale in Addison, IL 60101. This property was listed for sale on September 17, 2026 by Chicagoland Brokers Inc., it's currently listed at $440,000. It has been on the market for a total of 21 days and was last sold on November 7, 2016. This listing's school districts are Addison School District 4, Dupage Hsd 88 School District. Nearby schools include Fullerton Elementary School, Indian Trail Jr High School and Addison Trail High School. 121 Addison Road is a 4-bed, 2-bath multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Chicagoland Brokers Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/24/2026 12:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.