$3,100,000
SOLD SEP 29, 2025
-- Bed
-- Bath
-- Sq Ft
0.66 Acres

Recently Sold

130% Above List Price

0 Day on Market

About This Home

As of September 2025

VERY RARE investment opportunity in Downtown Naperville! TWO adjacent apartment buildings, one which is a 2-story, 6-unit building, and the other a 2-story 12-unit building- both with NO vacancies. Each has undergone significant renovation over the past 24 months. Several units in each building have been completely remodeled with modern finishes such as quartz countertops, SS appliances, updated baths, new flooring and doors, and neutral paint. Both buildings also feature MANY exterior upgrades and offer a laundry room (coin-operated washer and dryer). The Webster building possesses a private parking lot with (1) parking space per unit, while the Franklin building possess garage parking for each unit. Location is unbeatable - steps from everything Downtown Naperville has to offer. Current owner has dramatically improved the operating income and investment performance of each property, however, there still remains potential for increased profitability. PLEASE DO NOT WALK OR VISIT PROPERTY WITHOUT PERMISSION FROM THE LISTING AGENT.

Last Agent to Sell the Property

Alice Chin

Compass License #475124084 Listed on: 08/19/2025

Compass

Co-Listed By

James Gargano

Compass License #471011026

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $45,493

Year Built

  • Built in 1959

Lot Details

  • 0.66 Acre Lot
  • Additional Parcels

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Exterior Basement Entry

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Community Details

  • 18 Units

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$45,493

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1959
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 3
  • Refrigerators: 18
  • Ranges: 18
  • Number of Washers: 3
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Roof: Composition

Garage/Parking

  • Outdoor Parking: 6-12 Spaces
  • Indoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Water Source: Municipal Water
  • Heat/Ventilation: Hot Water
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 28749
  • Lot Size Sq Ft: 28749
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • NumberOfUnitsTotal: 18
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 45493.34
  • Tax Year: 2024

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 Price Changed $3,500,000 +12.9% --
09/29/2025 09/29/25 Sold $3,100,000 +129.6% --
08/21/2025 08/21/25 For Sale $1,350,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12443998

Midwest Real Estate Data (MRED)