About 516 Spring Avenue
Has 2 Naperville Electric Department meters 516 Spring and 516A Spring, divided by floor. Was used as a rent-by-room for decades. Rent-by-room is no longer an accepted use at this address. NEEDS A KITCHEN TO BE INSTALLED ON SECOND FLOOR TO BE USED AS A 2-FLAT. Or use as single family. Value is in the land, needs extensive restoration/rehab. SOLD STRICTLY AS-IS. Industrial use across the street has now been rezoned to R-2, single family and low density multi-family. Great investment potential at this price, lowest tear-down price in the hottest downtown Naperville neighborhood. Has alley access in back.
Features of 516 Spring Avenue
MLS® # | 11902650 |
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Price | $350,000 |
Units | 2 |
Bedrooms | 4 |
Bathrooms | 3.00 |
Year Built | 1906 |
Type | Residential Income |
Sub-Type | Two to Four Units |
Status | Contingent |
Multi-Family | No |
Community Information
Address | 516 Spring Avenue |
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Area | Naperville |
City | Naperville |
County | Du Page |
State | IL |
Zip Code | 60540 |
Interior
Heating | Natural Gas, Forced Air |
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Fireplace | No |
Has Basement | Yes |
Basement | Full |
Exterior
Exterior | Aluminum Siding |
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School Information
District | 203 |
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Elementary | Naper Elementary School |
Middle | Washington Junior High School |
High | Naperville North High School |
Additional Information
Days on Market | 55 |
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Zoning | MULTI |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Baird & Warner |
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