NOT LISTED FOR SALE

118 E North Ave Addison, IL 60101

Estimated Value: $390,000 - $483,397

6 Beds
3 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold August 16, 2023

Last sale price $435,000

Est. 1% increase in value since last sale

Current estimated payment $2,795/month

18 Days on Market

About This Home

As of August 2023

GREAT INVESTMENT PROPERTY! Or Perfect for a Large Family, with In-Law private apartment. This 6 Bedroom, 3 Bathroom Property, includes a 1 Bedroom, 1 Bath second floor apartment, and a partially finished 2 Bedroom 1 Bath basement. Updated for todays buyers needs, painted with neutral colors with wide white trim throughout to provide a beautiful contrast. Other features include Hardwood and Gray Vinyl Wood Floors Throughout, Window Blinds, Can-lights, and Blue Tooth operated upgraded Modern Fans with Hidden Blades and light. As you enter the main floor foyer, you will be greeted with natural light coming through the many windows in this area, large enough to be used as a seating area, separated by a door to the main living area it can also be used as a quiet office space. The large Living Dining Rooms with open concept allow for plenty of room to host friends and family. Both rooms feature Hardwood Floors, White Wood Blinds for privacy and a Modern Dining Room Light. The Beautiful Kitchen with ample Granite Counter space and large area to move about to accommodate family and friends is complete with a gorgeous backsplash tile. The 3 very generous size bedrooms all have Ceiling Fans, 2 of the Bedrooms have Walk-In Closets and 1 with Double Wall Closet with Barn Doors. The Beautiful Bathrooms also features a Granite Sink and Shower-Tub Tiled tub to ceiling. The Second Floor 1 Bedroom 1 Bath Unit, also features the same upgrades with Light Gray Wood Vinyl Floors, Granite Counters and large living space. The large upper deck patio, provides endless options to use for extra living outdoor space. The Roughly Finished Basement with 2 Bedrooms and 1 Bath, could be converted to a Separate Apartment for Rental Use, by adding a private entrance. The Xtra Large 2 Car Garage with 2 attached Sheds also provide many opportunities for multiple uses. There are also 4 extra parking spaces behind the house, 1 currently being rented at $50/month. As a BONUS, The Pear Tree next to the back of the house, blooms hundreds of delicious big pears every year, you can make pies, tarts and also wine. Set on a quiet Street yet close to shop, restaurants, Highways. Hurry! This One Won't Last.

Last Agent to Sell the Property

Margerite Emory

Keller Williams Infinity License #475182923 Listed on: 06/29/2023

Keller Williams Infinity

Last Buyer's Agent

Christopher Paradis

Keller Williams Success Realty License #475174626

Keller Williams Success Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,654

Year Built

  • Built in 1919 | Remodeled in 2023

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50' x 200'

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement

Schools

  • Fullerton Elementary School
  • Indian Trail Junior High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,654

Year Built

Built in 1919 | Remodeled in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1919
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Partially Finished,Sleeping Area
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dryer,Dishwasher,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space,Range Hood,Hardwood Floors

Exterior Features

  • List Price: 435000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 4
  • Number of Cars: 6
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Elementary School: Fullerton Elementary School
  • Middle/Junior School: Indian Trail Junior High School
  • Middle/Junior School District: 4

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 50' X 200'
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4653.8
  • Tax Year: 2021
  • Tax Exemptions: Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Aug 10, 2023
Sold by
Gallegos Brenda and Madera Janett
Bought by
Khawaja Ahmed and Zola Wardah
Seller's Agent
Margerite Emory
Keller Williams Infinity
Buyer's Agent
Christopher Paradis
Keller Williams Success Realty
List Price
$435,000
Sold Price
$435,000
Views
170
Current Estimated Value
$437,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,599
Avg. Annual Appreciation
0.74%
Original Mortgage
$427,121
Outstanding Balance
$418,411
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$22,750

Purchase Details

Closed on
Sep 14, 1999
Sold by
Lentz Rose
Bought by
Madera Robert and Madera Mariana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,900
Interest Rate
7.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Khawaja Ahmed $435,000 Chicago Title Company
Madera Robert $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khawaja Ahmed $427,121
Previous Owner Madera Roberto $176,500
Previous Owner Madera Roberto $27,000
Previous Owner Madera Robert $71,600
Previous Owner Madera Roberto $134,000
Previous Owner Madera Robert $5,000
Previous Owner Madera Roberto $136,000
Previous Owner Madera Robert $132,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold $435,000 0.0% --
07/18/2023 07/18/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $435,000 0.0% --
07/05/2023 07/05/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $435,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2023 $4,539 $77,660 $36,270 $41,390
2022 $4,881 $77,270 $36,090 $41,180
2021 $4,654 $74,010 $34,570 $39,440
2020 $4,504 $70,890 $33,110 $37,780
2019 $4,452 $68,170 $31,840 $36,330
2018 $4,940 $71,850 $30,920 $40,930
2017 $4,787 $68,670 $29,550 $39,120
2016 $4,612 $63,400 $27,280 $36,120
2015 $4,447 $58,570 $25,200 $33,370
2014 $5,135 $60,580 $23,100 $37,480
2013 $5,033 $61,810 $23,570 $38,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11819667

Midwest Real Estate Data (MRED)

APN: 03-28-209-013