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$795,000
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Property Description
For sale, turn key property currently used as dealership for cars(bussines is not for sale). The building recently renovated is 3,456 sqft plus basement.Lot is paved and fits around 60 cars.Property is located on a high-traffic road with excellent exposure and easy access with high visibility with large signage.
Full Property Details
Full Property Details for 501 S Grace St
General
- Sold For: $795,000
- Taxes: $23,584 (2024)
- Status: Closed
- Type: Warehouse
- Source: MRED
- MLS ID: 12460071
- Added to Site: 135 day(s) ago
Interior
- Flooring: Tile
Additional Information
- Security/Safety: Sprinklers
Location
- Area: Addison
- County: DuPage
- Driving Directions: I355 to East on North Ave to North on Grace St to property on right
- Location Details: Northwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Drive-In Doors: 2
- Sub-Flooring: Tile
- Stories/Levels: 1
- Square Feet: 3,456
- Year Built: 1984
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Acres): 0.65
- Lot Size (Sq. Ft.): 28,611
- Zoning: INDUS
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Sprinklers
- Assessment Year: 1984
- Tax Amount: $23,584
- Tax Year: 2024
Disclosures and Reports
- Property ID: 332204014
Listed by Pavlova Properties
Sold by Pavlova Properties
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Schools
Schools serving 501 S Grace St
School Districts:Addison School District 4, Dupage High School District 88
| Name | Grades | Distance |
|---|---|---|
Ardmore Elementary School, Addison, IL 644 South Ardmore Avenue, Addison, IL 60101 | K-5 | 1.4 mi |
Indian Trail Jr High School 222 North Jf Kennedy Drive, Addison, IL 60101 | 6-8 | 1.2 mi |
Addison Trail High School 213 North Lombard Road, Addison, IL 60101 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 S Grace St
Date
Details
Price
Change
Source
10/30/2025
Sold
$795,000
-7.56%
MLS
9/09/2025
Price Increased
$860,000
7.5%
MLS
9/01/2025
Listed
$800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
501 S Grace Street, Addison, IL 60101 (MLS# 12460071) is a Warehouse property that was sold at $795,000 on October 30, 2025. Want to learn more about 501 S Grace Street? Do you have questions about finding other Warehouse real estate for sale in Addison? You can browse all Addison real estate or contact a Coldwell Banker agent to request more information.

