$2,000,000
$2,200,000
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16-22 E Benton Avenue Naperville, IL 60540
5,227 Sqft Lot
Key Details
Sold Price $2,000,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12087327
Sold Date 04/18/25
Year Built 1993
Annual Tax Amount $31,191
Tax Year 2022
Lot Size 5,227 Sqft
Lot Dimensions 65X91X50X46X13X46
Property Sub-Type Multi Family 5+
Property Description
Prime Downtown Naperville. Only 3 blocks from the Metra, heart of thriving downtown Naperville, on west edge of North Central College Campus. Building comprised of (10) 1Bd/1Ba apartments and (1) 2Bd/2Ba apartment with coin laundry. All updated. Units have radiant heat and are cooled with air units. The building has been very well maintained and has a strong history of occupancy. Current rental rates are below market value rent for the area. Plenty of room to increase CAP rate with rental increases.
Location
State IL
County Dupage
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Andrew Nast • Lofty LLC