NOT LISTED FOR SALE

185 W Michael Ln Addison, IL 60101

8 Beds
4 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold November 15, 2021

Last sale price $490,000

10 Days on Market

About This Home

As of November 2021

Best Location! Investors run for this impeccable investment rental. Very well kept 4 units, each with 2 bedrooms, 1 bath and each unit has a full basement for a washer and dryer which are owned by the tenants. Front of building opens to green area and park-like setting. Great investment and long term tenants. Back of building roof has been replaced with vents across the building. Won't last low taxes too.

Last Agent to Sell the Property

Cindy Lang

Century 21 Integra License #475122464 Listed on: 10/04/2021

Century 21 Integra

Co-Listed By

Mike DeWyze

Century 21 Circle License #475165289

Last Buyer's Agent

Inna Bonar

Core Realty & Investments, Inc License #475172268

Core Realty & Investments, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,864

Year Built

  • Built in 1962

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60x148

Home Design

  • Bi-Level Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 7 Parking Spaces
  • Uncovered Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,864

Year Built

Built in 1962

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • New Construction: No
  • Year Built: 1962
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Other Equipment: CO Detectors
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 7
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 60X148
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 8863.5
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,1 Story Unit/s
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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
11/15/2021 11/15/21 Sold $490,000 +2.3% --
10/15/2021 10/15/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $479,000 -- --
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11237274

Midwest Real Estate Data (MRED)
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