Essex Realty Group, LLC is pleased to announce the successful sale of 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 two-bedroom/one-bathroom units, each with a spacious layout of approximately 885 square feet, and five one-bedroom/one-bathroom units, each measuring approximately 760 square feet. With rents significantly below market, the asset presented immediate income upside without requiring capital improvements, a key factor that generated strong buyer interest.

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. Its proximity to I-290 and nearby Metra service provides direct access to downtown Chicago and surrounding suburbs.

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.

• Multiple Tours & Offers
• Unit Mix: Eighteen (18) 2Bd/1Ba and Five (5) 1Bd/1Ba Units
• Cash-Flowing Asset with In-Place Rents 20%+ 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