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$799,873
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Property Description
Compliment your investment portfolio with this vintage-style stone masonry 6-unit apartment building, owned and well-maintained by a long-term owner. Located in a highly desirable area with consistently easy-to-rent units, the property features stable, long-term tenants-many currently paying under-market rents-offering excellent rental upside. The building includes a unique mix of units, including one spacious 2-bedroom, 2-bath unit (formerly owner-occupied) featuring a master bedroom with walk-in closet, separate forced-air heating and central air, a private deck, carport, and a large storage area with a garage-style overhead door currently used by the owner. There is also one 2-bedroom, 1-bath unit, three 1-bedroom, 1-bath units, and one studio apartment. Each unit offers individually controlled thermostats for tenant comfort. The basement provides coin-operated laundry facilities for added income. Key improvements include a new roof (2023) and a new driveway (2024). Perfectly positioned near Hinsdale and close to major amenities, this is a rare opportunity to acquire a high-potential, income-generating asset. Don't miss out-schedule your showing today!
Full Property Details
Full Property Details for 308 E 55th St
General
- Sold For: $799,873
- Taxes: $12,133 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12416019
- Added to Site: 234 day(s) ago
Interior
- Fireplace: Yes
Location
- Area: Westmont
- County: DuPage
- Driving Directions: 55TH STREET TO PROPERTY, NORTH SIDE OF THE STREET (NO FOR SALE SIGN)
- Location Details: Mixed-Use Area, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning, Partial, Window Unit(s)
- Heating Type: Other
Utilities
- Onsite: Water Available
Structural Information
- Construction: Brick, Stone
- Exterior Const.: Brick, Stone
- Basement Desc.: Unfinished
- Stories/Levels: 2
- Year Built: 1934
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 1
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 14,995
- Lot Dimensions: 100 x 150
- Frontage: City Street
Financial Considerations
- Operating Expenses: $48,781
- Assessment Year: 1934
- Tax Amount: $12,133
- Tax Year: 2023
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 910319018
Listed by RE/MAX 10 in the Park
Sold by Third Coast Realty LLC
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Schools
Schools serving 308 E 55th St
School District:Westmont Community Unit School District 201
| Name | Grades | Distance |
|---|---|---|
J T Manning Elementary School 200 North Linden Avenue, Westmont, IL 60559 | 2-5 | 0.9 mi |
C E Miller Elementary School 125 West Traube Avenue, Westmont, IL 60559 | K-1 | 1.4 mi |
Westmont Jr High School 944 Oakwood Drive, Westmont, IL 60559 | 6-8 | 2.1 mi |
Westmont High School 909 Oakwood Drive, Westmont, IL 60559 | 9-12 | 2.2 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 308 E 55th St
Date
Details
Price
Change
Source
9/19/2025
Sold
$799,873
—
MLS
7/11/2025
Listed
$799,873
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
308 E 55th Street, Westmont, IL 60559 (MLS# 12416019) is a Commercial property that was sold at $799,873 on September 19, 2025. Want to learn more about 308 E 55th Street? Do you have questions about finding other Commercial real estate for sale in Westmont? You can browse all Westmont real estate or contact a Coldwell Banker agent to request more information.

