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$440,000
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Property 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 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!
Full Property Details
Full Property Details for 121 S Addison Rd
General
- Price: $440,000
- Taxes: $7,947 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12762396
- Updated: 9/24/2026
- Added to Site: 21 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Cable TV, Carbon Monoxide Detectors, Sump Pump
- Other Features: School Bus Service
Parking
- Total Spaces: 4
- Parking Features: Driveway, Yes, Other
Location
- Area: Addison
- County: DuPage
- Township: Addison
- Driving Directions: E Side of Addison Rd, North of Fullerton and South of Lake St
School Information
- School District: 4
- Elem School District: 4
- Midd School District: 4
- High School District: 88
- Middle School: Indian Trail Junior High School
- High School: Addison Trail High School
- Private School: Addison Trail High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
- Trash: 900
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Foundation: Block
- Roof: Asphalt
- Year Built: 1956
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 49 x 144
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $1,500
- Parking Included: Yes
- Assessment Year: 1956
- Tax Amount: $7,947
- Tax Year: 2024
- Pays Trash: 900
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 328409006
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Schools
Schools serving 121 S Addison Rd
School Districts:Addison School District 4, Dupage High School District 88
| Name | Grades | Distance |
|---|---|---|
Fullerton Elementary School 400 South Michigan Avenue, Addison, IL 60101 | K-5 | 0.4 mi |
Indian Trail Jr High School 222 North Jf Kennedy Drive, Addison, IL 60101 | 6-8 | 1.7 mi |
Addison Trail High School 213 North Lombard Road, Addison, IL 60101 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 121 S Addison Rd
Date
Details
Price
Change
Source
9/17/2026
Listed
$440,000
147.19%
MLS
10/28/2016
Sold
$178,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 121 S Addison Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,167
3%
$121,657
8%
2024
$7,947
4%
$112,750
9%
2023
$7,630
10%
$103,650
10%
2022
$6,957
4%
$94,460
4%
2021
$6,683
3%
$90,480
4%
2020
$6,518
—
$86,660
4%
2019
$6,489
24%
$83,330
29%
2018
$5,245
2%
$64,610
5%
2017
$5,126
2%
$61,750
8%
2016
$5,018
2%
$57,010
8%
2015
$4,923
14%
$52,660
15%
2014
$4,326
2%
$45,980
-2%
2013
$4,230
3%
$46,910
-6%
2012
$4,096
—
$50,090
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 121 S Addison Rd
121 S Addison Road, Addison, IL 60101 (MLS# 12762396) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 121 S Addison Road is currently listed for $440,000 and was received on September 17, 2026. Want to learn more about 121 S Addison Road? Do you have questions about finding other Multi-Family real estate for sale in Addison? You can browse all Addison real estate or contact a Coldwell Banker agent to request more information.

