Essex Realty Group, LLC is pleased to exclusively present 439–449 Stevens Drive, a well-maintained 23-unit multifamily property located in the highly desirable suburb of Addison, Illinois, within DuPage County.

The property consists of eighteen (18) two-bedroom/one-bathroom units, each with a spacious layout of approximately 885 square feet, and five (5) one-bedroom/one-bathroom units, each measuring approximately 760 square feet.

Current rents are more than 12% below market, offering immediate income upside for investors without requiring capital improvements.

Ideally situated just one block from Addison Elementary and Middle Schools and several public parks, the property offers residents a convenient, walkable, and family-friendly environment. Additionally, it is located near I-290 and a few miles from the nearest Metra station, providing direct access to downtown Chicago and surrounding suburbs.

Located in DuPage County, one of the most stable and desirable rental markets in the Chicago metropolitan area, this offering represents an excellent opportunity to acquire a stabilized, income-producing asset with strong long-term appreciation potential.

Addison is a well-connected suburb located approximately 20 miles west of downtown Chicago in DuPage County. The village offers a strong mix of residential neighborhoods, commercial corridors, and light industrial zones, making it an attractive location for both residents and businesses. Addison is home to a diverse population and benefits from access to multiple major highways including I-355, I-290, and Route 20, providing easy connectivity to Chicago and surrounding suburbs such as Elmhurst, Lombard, and Bensenville.

The village supports a stable local economy and educational needs are served by several public school districts, including Addison School District 4 and DuPage High School District 88, and the area is also home to Addison Trail High School. Residents have access to parks, trails, and recreational amenities through the Addison Park District, and the nearby Salt Creek Greenway offers outdoor opportunities year-round. The village also features a dedicated police department, modern library, and a strong municipal government that supports community programs and public services.

• Unit Mix: Eighteen (18) 2Bd/1Ba and Five (5) 1Bd/1Ba Units
• Cash-Flowing Asset with In-Place Rents 12%+ Below Market
• Located in DuPage County, One of Chicago’s Most Desirable Suburban Markets
• One Block from Addison Elementary and Middle Schools and Nearby Parks
• Located Near I-290 And A Few Miles from Nearest Metra Station for Easy Commuting