Essex Realty Group, LLC is pleased to announce the sale of 4900-4906 Fairview Ave, a ten-unit property located in the highly desirable suburb of Downers Grove, IL. The property consists of nine (9) one-bedroom/one-bathroom units and one (1) office space, offering a stabilized cap rate of 8.8%, making it an attractive investment opportunity.

Situated just 0.2 miles from the Fairview Ave BNSF Metra train stop, the property provides tenants with easy access to Downtown Chicago. Additionally, it is conveniently located 1 mile from Downtown Downers Grove, where residents can find a variety of shops, restaurants, and entertainment options.

This sale presented a rare opportunity to acquire a well-located suburban property with strong transportation options, nearby amenities, and a stabilized income stream, making it an appealing investment for the buyer.

Downers Grove is located just 25 miles west of Chicago and is one of the most vibrant and thriving villages in DuPage County. Known for its active downtown, natural attractions, community events, and large employer base, Downers Grove is one the premier Chicago suburbs in which to live and work. One of the suburb’s many appealing characteristics include its highly ranked schools. According to Livability.com, Downers Grove is one of the Top 10 Livable Cities for kids and has been recognized by Forbes as one of America’s Friendliest Towns.

Serviced by numerous expressways and commuter rail stations, residents of Downers Grove have direct and convenient access to Chicago as well as neighboring villages of Naperville, Westmont, Lisle, and Hinsdale. In addition, several corporate and regional headquarters are located in Downers Grove including Advocate Aurora Health Care, Dover Corporation, and Pepperidge Farm. These companies employ thousands of local residents and support the suburb’s robust economic base.

• 20+ Tours & 6 Offers – Strong market interest demonstrates the property's appeal
• Convenient Location – Located 0.2 miles from the Fairview Metra Station, offering easy access for commuters and proximity to downtown Downers Grove
• Stabilized Cap Rate: 8.80% – Provides consistent returns in a desirable market
• Value-Add Potential – Opportunity for increased revenue through targeted improvements or operational efficiencies