$610,000
SOLD JUN 2, 2025
4 Beds
4 Baths
-- Sq Ft
9,148 Sq Ft Lot

Recently Sold

4% Above List Price

5 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Ceiling Fan
  • Ellsworth Elementary School Rated A+
  • Forced Air Heating System
  • Multiple Water Heaters

About This Home

As of June 2025

Welcome to an exceptional investment opportunity at 847-849 North Brainard Street. This is a rare 2-flat property that has been well maintained and has typically less than 1 month vacancy (often times less than a week). Perfectly positioned close to the Metra train BNSF line, downtown Naperville, and access to I-88, this property offers access to vibrant shopping at Apple, ALO, Nike, Filson, Lululemon, Naperville Running Company, and more! Treat yourself to a night out at the many restaurants including Hugo's Frog Bar, Ramsey's Kitchen by Gordon Ramsay, sushi at Ikkai, dessert at Jeni's Splendid Ice cream or insomnia cookies! Across the street you'll find Jewel-Osco, Starbucks, and a bit further east you'll find Amazon Fresh, Costco, Andy's Frozen custard, Portillo's, 7 Brew coffee, and so much more! Each of the two units features 2 bedrooms with a shared bathroom upstairs, an office/den, and a finished basement with another full bathroom. They also each have a private patio and shared backyard-making it an ideal setting for both relaxation and entertainment. Each unit has its own HVAC system as well as separately metered utilities. They also each have their own washer and dryer in the basement. The property is situated on a sprawling 9,147 square feet corner lot, offering plenty of outdoor space with a large driveway that boasts a 3-car garage. Additionally, there are 7 exterior parking spaces available for rent, providing excellent rental income potential. Each unit has been rented with a garage space, two tandem spaces next to the garage, and one space in front of the garage door. The middle garage has been used for landscape/maintenance storage and is not currently being use for income generation. This easy-to-rent property has been home to long-term tenants, ensuring a stable investment. It would be tough to find a better managed and cared for unit in Downtown Naperville!

Last Agent to Sell the Property

Holland Hames

Compass License #475156991 Listed on: 04/09/2025

Compass

Last Buyer's Agent

Brad DeAngelis

Legacy Properties License #475187549

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,790

Year Built

  • Built in 1955

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 71x158x66x158
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 3 Car Garage
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Window Screens
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio

Schools

  • Ellsworth Elementary School
  • Washington Junior High School
  • Naperville North High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters
  • Gas Water Heater

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,375
  • Maintenance Expense $1,474
  • Gross Income $52,800
  • Net Operating Income $33,429

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,790

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters, Water Heater-Gas
  • Window Features: Screens
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Range Hood,Hardwood Floors,Cooktop,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Range Hood,Hardwood Floors,Cooktop,Oven/Built-in

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • List Price: 585000
  • Lot Features: Corner Lot
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Assigned, Driveway, Owned, Garage
  • ParkingTotal: 10

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 867

Schools

  • Elementary School: Ellsworth Elementary School
  • High School: Naperville North High School
  • Middle/Junior School: Washington Junior High School
  • Middle/Junior School District: 203

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 71X158X66X158
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 33429
  • Insurance Expense: 1375
  • GrossIncome: 52800
  • Maintenance Expense: 1474
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 10790
  • Tax Year: 2023

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    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Sold $610,000 +4.3% --
04/14/2025 04/14/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $585,000 +64.8% --
01/22/2015 01/22/15 Sold $355,000 -7.1% --
01/07/2015 01/07/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $382,000 0.0% --
11/15/2014 11/15/14 Pending -- -- --
11/10/2014 11/10/14 Price Changed $382,000 -8.8% --
10/30/2014 10/30/14 For Sale $419,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12330955

Midwest Real Estate Data (MRED)