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$894,900 Contingent

  • For Sale
  • Contingent
  • Commercial
  • 7,300 Sq. Ft.
See This Home
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See This Home
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Very well maintained 7300 SF building on 15682 SF parcel. Newer roof, Remodeled office,5 separate leased spaces from 1000sf-2200sf all modified GL ranging from 1-5years term. Annual gross income 99400. Minutes to I355 and motivated seller . 5 years transferable warranty for roof work will be offered to new owner.

Full Property Details for 503 S Westgate St

General

  • Price: $894,900
  • Taxes: $15,351 (2023)
  • Status: Contingent
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12378585
  • Updated: 1/6/2026
  • Added to Site: 236 day(s) ago

Additional Information

  • Security/Safety: Fire Extinguisher(s)

Location

  • Area: Addison
  • County: DuPage
  • Township: Addison
  • Driving Directions: South on Addison rd. to west on Fullerton to south on westgate to property.
  • Location Details: Northwest Suburban

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Central Individual
  • Heating Type: Forced Air, Gas, Hot Water

Structural Information

  • Construction: Concrete, Brick
  • Exterior Const.: Concrete, Brick
  • Foundation: Concrete Perimeter
  • Roof: Rubber
  • Drive-In Doors: 2
  • Stories/Levels: 2
  • Square Feet: 7,300
  • Year Built: 1965
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 5

Lot Features

  • Lot Size (Sq. Ft.): 15,682
  • Lot Dimensions: 15682
  • Potential Use: Industrial

Financial Considerations

  • Lease Price: $16
  • For Sale/Rent/Lease: For Sale or Rent
  • Operating Expenses: $16,451
  • Security Deposit: Fire Extinguisher/s
  • Assessment Year: 1965
  • Tax Amount: $15,351
  • Tax Year: 2023
  • Tenant Pays: Air Conditioning, Electricity, Heat

Disclosures and Reports

  • Property ID: 333108001
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 503 S Westgate St —

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 503 S Westgate St

School Districts:Addison School District 4, Dupage High School District 88
NameGradesDistance
Ardmore Elementary School, Addison, IL
644 South Ardmore Avenue, Addison, IL 60101
K-50.7 mi
Indian Trail Jr High School
222 North Jf Kennedy Drive, Addison, IL 60101
6-81.7 mi
Addison Trail High School
213 North Lombard Road, Addison, IL 60101
9-121.7 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 503 S Westgate St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/08/2025
Price Reduced
$894,900
-3.25%
MLS
5/29/2025
Listed
$925,000
18.29%
MLS
1/02/2024
Sold
$782,000
—
Public Record
Get Price Alerts and Save Property
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 for 503 S Westgate St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,989
4%
$226,850
9%
2023
$15,351
5%
$208,540
5%
2022
$14,627
4%
$198,610
4%
2021
$14,051
3%
$190,240
4%
2020
$13,705
—
$182,220
4%
2019
$13,643
1%
$175,210
6%
2018
$13,481
2%
$166,070
5%
2017
$13,174
2%
$158,720
8%
2016
$12,897
2%
$146,540
8%
2015
$12,654
1%
$135,370
2%
2014
$12,486
2%
$132,710
-2%
2013
$12,212
3%
$135,420
-6%
2012
$11,823
—
$144,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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503 S Westgate Street, Addison, IL 60101 (MLS# 12378585) is a Commercial property. 503 S Westgate Street is currently listed for $894,900 and was received on May 29, 2025. This property is listed by Chabane Bounab from our McMullen/O'Hare Office.Want to learn more about 503 S Westgate Street? Do you have questions about finding other Commercial real estate for sale in Addison? You can browse all Addison real estate or contact a Coldwell Banker agent to request more information.

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