308 E 55th St Westmont, IL 60559
South Westmont NeighborhoodEstimated payment $5,369/month
Highlights
- 1 Fireplace
- Central Air
- 3-minute walk to Wilderness Park
- J T Manning Elementary School Rated A-
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,133
Year Built
- Built in 1934
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 100x150
Parking
- 6 to 12 Parking Spaces
Home Design
- Mixed Use
- Brick Exterior Construction
- Stone Siding
Interior Spaces
- 2-Story Property
- 1 Fireplace
Utilities
- Central Air
- Partial Air Conditioning Available
- Window Unit Cooling System
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $1,571
- Fuel Expense $5,156
- Insurance Expense $9,681
- Maintenance Expense $8,028
- Manager Expense $2,400
- Other Expense $6,443
- Trash Expense $526
- Water Sewer Expense $2,843
- Operating Expense $48,781
- Gross Income $79,920
- Net Operating Income $33,059
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/19/2025 07/19/25 | Pending | -- | -- | -- |
07/11/2025 07/11/25 | For Sale | $799,873 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12416019

- 223 E 56th St
- 303 Reserve Cir
- 387 Coventry Ct Unit 26
- 114 E 56th St
- 372 55th St
- 363 Ruby St
- 105 Oak Ave
- 5725 S Wilmette Ave
- 5633 Virginia Ave
- 132 Mohawk Dr
- 5515 Alabama Ave
- 434 Mcdaniels Cir Unit 304
- 5802 Tennessee Ave
- 12 James Dr
- 5785 Tennessee Ave
- 816 Heath Ln
- 113 N Warwick Ave
- 5865 Alabama Ave
- 200 Heath Place
- 5848 Clarendon Hills Rd