This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$870,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
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
Full Property Details for 503 S Westgate St
General
- Sold For: $870,000
- Taxes: $15,351 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12378585
- Added to Site: 306 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Addison
- County: DuPage
- 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
Get Pre-Approved Today
Schools
Schools serving 503 S Westgate 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 | 0.7 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 503 S Westgate St
Date
Details
Price
Change
Source
3/27/2026
Sold
$870,000
-2.78%
MLS
10/08/2025
Price Reduced
$894,900
-3.25%
MLS
5/29/2025
Listed
$925,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
503 S Westgate Street, Addison, IL 60101 (MLS# 12378585) is a Commercial property that was sold at $870,000 on March 27, 2026. This property was 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.



