516 Spring Avenue, Naperville, IL


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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
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
Area Naperville
City Naperville
County Du Page
State IL
Zip Code 60540


Heating Natural Gas, Forced Air
Fireplace No
Has Basement Yes
Basement Full


Exterior Aluminum Siding

School Information

District 203
Elementary Naper Elementary School
Middle Washington Junior High School
High Naperville North High School

Additional Information

Days on Market 55
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBaird & Warner

Listing Map

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