Seller's Agent in 2018
Mala Gandhi
@ Properties
(630) 660-7440
78 Total Sales
141 W Michael Ln Addison, IL 60101
8
Beds
4
Baths
--
Sq Ft
8,712
Sq Ft Lot
Highlights
- Recreation Room
- Soaking Tub
- Ceiling Fan
- Lower Floor Utility Room
- Two Heating Systems
- Paved or Partially Paved Lot
About This Home
As of July 2018Tremendous investment opportunity and cash flow!Rents can be increased. Long term very clean tenants. Solid, all brick 3 level, 4 town homes. Open floor plan. Each unit with 2 Bedrooms-each has ceiling fans with light fixtures, 1 bath, kitchen with eating area-built in Microwave ovens and dishwashers, huge living room with cathedral ceiling, walk out finished lower level with above ground window. Newer heating and cooling systems and interiors newly painted. Beautiful refinished hardwood floors in Living room and Bed rooms, ceramic tiles in Rec.room and Bathroom. Paint free exteriors. Easy to maintain and keep clean. Tenant pays gas for heating, cooking and hot water. Individual gas and electric meters. Ample parking. Close to I-355,290,294. Walk to schools, park, pool, shopping, library, medical center, restaurants, bus stop-quick access to Metra railway station. Right into the heart of down town!!!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475111132 Listed on: 04/18/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,875
Year Built
- Built in 1965
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 60x115
- Paved or Partially Paved Lot
Home Design
- Tri-Level Property
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Recreation Room
- Lower Floor Utility Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
- Soaking Tub
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Parking
- 7 Parking Spaces
- Uncovered Parking
- Off-Street Parking
- Parking Included in Price
- Assigned Parking
Schools
- Lincoln Elementary School
- Indian Trail Junior High School
- Addison Trail High School
Utilities
- Two Heating Systems
- Forced Air Heating System
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Lake Michigan Water
- Cable TV Available
Community Details
Overview
- 4 Units
- Green Meadows Subdivision, 4 Flat Floorplan
Building Details
- Gross Income $50,340
- Net Operating Income $36,265
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/24/2018 07/24/18 | Sold | $440,000 | -4.2% | -- |
| 05/02/2018 05/02/18 | Pending | -- | -- | -- |
| 04/18/2018 04/18/18 | For Sale | $459,500 | -- | -- |
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
-
Mala Gandhi
-
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: 09920397
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Nearby Homes
- 138 W Janice Ln
- 215 E Oak St
- 225 N State St
- 133 E Lake St
- 235 N Mill Rd Unit 115B
- 427 W Natoma Ave
- 10 N Adams Dr
- 14 N Wisconsin Ave
- 387 Masters Dr
- 200 Addison Rd
- 330 Masters Dr
- 542 W Memory Ln
- 2 N Wisconsin Ave
- 720 N Briar Hill Ln Unit 5
- 351 S Dominion Dr
- 276 Masters Dr
- 253 Masters Dr
- Birch Plan at The Townes at Mill Creek
- Chestnut Plan at The Townes at Mill Creek
- Aspen Plan at The Townes at Mill Creek
- 131 W Michael Ln
- 163 W Michael Ln
- 163 W Michael Ln Unit C
- 163 W Michael Ln Unit A
- 119 W Michael Ln Unit B
- 119 W Michael Ln
- 108 W Elizabeth Dr
- 108 W Elizabeth Dr Unit 3
- 108 W Elizabeth Dr Unit 10
- 107 W Michael Ln
- 173 W Michael Ln
- 152 W Michael Ln
- 185 W Michael Ln
- 95 W Michael Ln
- 189 W Michael Ln
- 68 W Elizabeth Dr
- 83 W Michael Ln
- 186 W Michael Ln
- 117 W Marilyn Terrace
- 94 W Michael Ln
Your Personal Tour Guide
Ask me questions while you tour the home.