NOT LISTED FOR SALE

17 N May St Addison, IL 60101

5 Beds
4 Baths
-- Sq Ft
1961 Built

Last Sold April 21, 2020

Last sale price $350,000

186 Days on Market

Highlights

  • Recreation Room
  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • Ranch Style House
  • Ceiling Fan

About This Home

As of April 2020

GREAT INVESTMENT OPPORTUNITY. ONLY 2ND OWNER! FOUR LEGAL UNITS! ONE 2 BDRM (GREAT FOR LIVE IN LANDLORD), THREE 1 BDRM. ALL SEPARATE UTILITIES! NEWER ROOF/WINDOWS/SCREEN DOORS/4 LENNOX FURNACES/4 HOT WATER HEATERS. FULL BASEMENT WITH LAUNDRY ROOM/EXTRA STORAGE/RECREATION ROOM. GREAT LOCATION! WALK TO NEARBY PARK, SCHOOLS, SHOPPING, LIBRARY, AND ROCK N WHEELS. ALL UNITS CURRENTLY RENTED. RENTS LISTED ARE MARKET RENT!

Last Agent to Sell the Property

Linda Durec

Sperry - LD Real Estate License #471020678 Listed on: 08/22/2019

Last Buyer's Agent

Antonio Andrade

AIR Real Estate License #475170337

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,044

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 50 x 133
  • Paved or Partially Paved Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Recreation Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Sump Pump

Parking

  • 5 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Army Trail Elementary School
  • Indian Trail Junior High School
  • Addison Trail High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • 4 Units
  • 4 Unit Ranch

Building Details

  • Electric Expense $297
  • Insurance Expense $900
  • Water Sewer Expense $2,640
  • Gross Income $33,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,044

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1961
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Other Equipment: TV-Cable, Ceiling Fan(s), Sump Pump
  • Room Type: Recreation Room
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space
  • Room: 3

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 359900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 5
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 2640

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 133
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Insurance Expense: 900
  • ElectricExpense: 297
  • GrossIncome: 33420
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 8044
  • Tax Year: 2018
  • Tax Exemptions: None

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2020 04/21/20 Sold $350,000 -2.8% --
02/24/2020 02/24/20 Pending -- -- --
12/30/2019 12/30/19 Price Changed $359,900 -4.2% --
09/27/2019 09/27/19 Price Changed $375,500 -2.5% --
08/22/2019 08/22/19 For Sale $385,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10493405

Midwest Real Estate Data (MRED)