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Sold
508 N Cass Avenue
WESTMONT IL, 60559
$1,575,000
$278.12 per sqft
Sold
5,663 sqft
Commercial
Built in 1973
Courtesy of Charles Rutenberg Realty of IL
Rare opportunity to acquire multi-unit property in near-west suburbs. This is a "broken condo", where 13 of the 20 units in the building are owned by the Seller, and 7 are individual condo owners. Of the 13 units, 9 have been renovated to condo-like finishes, and the remaining four are in good condition. Seller also owns 11 of the 19 garages, and there are 24 common element parking spaces. Building is centrally located, near shopping on Ogden Ave, Public Library, and Metra train. Value add opportunity to renovate remaining units, raise rents, and possibly acquire remaining condo units over time.
10263778
MLSⓇ ID
February 14, 2024
Updated
Map
508 N Cass Avenue
WESTMONT IL, 60559
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.13 Acres
Other Property Details
Area Name
Westmont
Taxes
$32,380
Tax Frequency
Annually
Days on Market
26
Garage
No
View
No
County
Du Page
Municipality
DOWNERS GROVE
Pool
No
Courtesy of Charles Rutenberg Realty of IL, Dale Todd,
Listing Contact: 773-844-2459
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Data last updated 5:38 AM UTC, 2/14/2024
