J
Seller's Agent in 2018
Joe Patyk
Coldwell Banker Realty
(630) 917-4661
3 Total Sales
107 W Michael Ln Addison, IL 60101
8
Beds
4
Baths
--
Sq Ft
9,148
Sq Ft Lot
Highlights
- Recreation Room
- Forced Air Heating System
- Paved or Partially Paved Lot
- Lower Floor Utility Room
About This Home
As of February 2018Tremendous investment opportunity! Solid, all-brick, 4-unit, bi-level building with excellent cash flow. Each unit features 2 bedrooms, full bath, large kitchen with eating area & vaulted ceiling in huge family room. Roomy walk-out lower level (units A & C are finished). Tear off roof & new gutters in 2012. Separate gas & electric meters. Plenty of parking space available with 7 assigned spaces + off street. Individual hot water tanks & furnaces. Potential to increase monthly rents. Near restaurants, shopping, parks, schools. Convenient to expressways & Metra. Fully leased. Loyal tenants (2, 3 & 6 years).
Last Agent to Sell the Property
Coldwell Banker Realty License #471004584 Listed on: 12/05/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,875
Year Built
- Built in 1962
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 60 x 150
- Paved or Partially Paved Lot
Home Design
- Bi-Level Home
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- Recreation Room
- Lower Floor Utility Room
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Finished Basement
- Walk-Out Basement
- Partial Basement
- Exterior Basement Entry
- Sump Pump
Parking
- 7 Parking Spaces
- Uncovered Parking
- Parking Included in Price
- Assigned Parking
Schools
- Lincoln Elementary School
- Indian Trail Junior High School
- Addison Trail High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 4 Units
Building Details
- Gross Income $4,044
- Net Operating Income $26,869
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/20/2018 02/20/18 | Sold | $351,000 | 0.0% | -- |
| 01/03/2018 01/03/18 | Pending | -- | -- | -- |
| 12/30/2017 12/30/17 | Off Market | $351,000 | -- | -- |
| 12/28/2017 12/28/17 | Pending | -- | -- | -- |
| 12/25/2017 12/25/17 | For Sale | $335,000 | 0.0% | -- |
| 12/07/2017 12/07/17 | Pending | -- | -- | -- |
| 12/05/2017 12/05/17 | For Sale | $335,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,732 | $152,270 | $60,906 | $91,364 |
| 2023 | $10,305 | $139,980 | $55,990 | $83,990 |
| 2022 | $9,460 | $128,450 | $51,380 | $77,070 |
| 2021 | $9,087 | $123,030 | $49,210 | $73,820 |
| 2020 | $8,864 | $117,850 | $47,140 | $70,710 |
| 2019 | $8,824 | $113,320 | $45,330 | $67,990 |
| 2018 | $8,231 | $101,400 | $40,560 | $60,840 |
| 2017 | $8,044 | $96,910 | $38,760 | $58,150 |
| 2016 | $7,875 | $89,480 | $35,790 | $53,690 |
| 2015 | $7,727 | $82,660 | $33,060 | $49,600 |
| 2014 | $5,277 | $56,090 | $14,020 | $42,070 |
| 2013 | $5,162 | $57,240 | $14,310 | $42,930 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Patyk
-
Jayesh Parekh
J
Buyer's Agent in 2018
Jayesh Parekh
Kale Realty
(847) 962-0239
75 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09812425
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Based on information submitted to the MLS GRID
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