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1207 S Addison Ave

Lombard IL 60148

0.34 ac.
Land
Currently for sale - view listing

Overview

Gut Rehab Investment Opportunity in Prime Lombard Location Rare chance to renovate a spacious home in one of Lombard's most sought-after neighborhoods. Situated in unincorporated DuPage County, this property comes with fully approved plans and an issued building permit, ready for immediate construction. Property Highlights: 3,858 sq ft across two levels 6 bedrooms (2 en-suite), 4 full bathrooms Two family/living areas Large open kitchen/dining area Full basement with 7' ceiling height Lot & Zoning: Residential SFR zoning Well water & septic system (no public water/sewer currently) Property spans two lots - potential for subdivision with utility connection Location Advantages: Quiet residential setting Access to major highways, dining, and retail Highly regarded school district Investment Snapshot: ARV: 650,000+ Estimated Rehab: 150,000-200,000 Estimated Profit Potential: 250,000-300,000 A high-upside project for seasoned rehabbers or builders looking for value in a premium location.

Features

0.34 ac. lot size
Land

Property history for 1207 S Addison Ave

2022
Sold
Undisclosed
26 Jul 2022 by Lorri Kordik, of Berkshire Hathaway HomeServices Chicago

Happy sellers in Lombard

95%
95% of sellers in Lombard reported that their sale price either exceeded or met their price expectations.

Lombard stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Lombard over the last 12 months.

Local market activity for land plots in Lombard

In the last 12 months, 8 land plots similar to 1207 S Addison Ave, have been sold.

This represents a 16% decrease in land plots sales when compared to the previous 12 months.

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