NOT LISTED FOR SALE

188 E North Ave Addison, IL 60101

4 Beds
2 Baths
-- Sq Ft
0.25 Acres

Last Sold June 12, 2019

Last sale price $260,000

18 Days on Market

About This Home

As of June 2019

Fantastic investment opportunity to own this large 2 units building, fully rented with excellent cash flow. Each unit has 2 bedrooms and I bath. Additional space in the basement, perfect for laundry or storage. 3 Car garage for your parking needs. This is a corner building with a large open space. Low utilities expenses. Tenants pay their own electric and heat. Near restaurants, shopping, parks and schools. Convenient to expressways and Metra. Property is not located in the flood zone. No vacancy history. Long term tenants but with month to month rents . Must make 24 hours appointment. Agent will meet you at site. Owner only pays: annual utilities expenses: water, sewer and garbage =$1,500, Insurance=$1,200, Property tax =$5,028.

Last Agent to Sell the Property

Mitchel Gebczak

Berkshire Hathaway HomeServices Starck Real Estate License #475150722 Listed on: 04/17/2019

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Sabine French-Rolnick

Berkshire Hathaway HomeServices Chicago License #475179305

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,028

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 60 x189

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,028

Lot Details

0

Parking

3

Listing Details

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

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 60 X189
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5028.4
  • Tax Year: 2017

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat
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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
06/12/2019 06/12/19 Sold $260,000 -5.5% --
05/05/2019 05/05/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $275,000 -- --
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 $7,784 $118,439 $45,100 $73,339
2023 $7,426 $108,880 $41,460 $67,420
2022 $6,897 $99,640 $37,780 $61,860
2021 $6,606 $95,440 $36,190 $59,250
2020 $6,424 $91,410 $34,660 $56,750
2019 $6,845 $87,900 $33,330 $54,570
2018 $5,168 $69,660 $25,850 $43,810
2017 $5,028 $66,580 $24,710 $41,870
2016 $4,882 $61,470 $22,810 $38,660
2015 $4,747 $56,780 $21,070 $35,710
2014 $3,975 $48,250 $11,500 $36,750
2013 $3,898 $49,230 $11,730 $37,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10348490

Midwest Real Estate Data (MRED)