NOT LISTED FOR SALE

205 W Michael Ln Addison, IL 60101

11 Beds
6 Baths
-- Sq Ft
1964 Built

Last Sold May 22, 2015

Last sale price $457,500

61 Days on Market

About This Home

As of May 2015

Excellent investment opportunity! Come see this all brick, fully rented six unit building. Owned and managed by same owner since 1995. Long term tenants on yearly leases plus separate electricity for each unit. Upgrades include roof, windows, kitchen appliances, etc. This is the multi-unit building you have been waiting for! Nothing to do but collect the rents! See it today!

Last Listed By

Salvador Hernandez

Century 21 Circle License #475133221 Listed on: 01/02/2015

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Home Design

  • Brick Exterior Construction

Community Details

  • Fuel Expense $3,500

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 42553
  • Outdoor Parking: 6-12 Spaces
  • Total Annual Exp: 17027
  • Total Annual Income: 59580
  • Total Monthly Income: 4965
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1964
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1964

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Heatventilation: Hot Water
  • Water Expense: 4500

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 400
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 64X150
  • Parcel Identification Number: 0321311006

Rental Info

  • Gross Rental Income: 4965
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 3500

Tax Info

  • Taxes: 8627

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $457,500 -3.7% --
03/04/2015 03/04/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $475,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Salvador Hernandez

    Seller's Agent in 2015

    Salvador Hernandez

    Century 21 Circle

    (630) 564-1027

    13 in this area

    143 Total Sales

    Salvador Hernandez
    Section Image
  • Eric Sadowski

    Buyer's Agent in 2015

    Eric Sadowski

    arhome realty

    (708) 945-4585

    74 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08809123

Midwest Real Estate Data (MRED)

Illinois DuPage County Addison 60101

205 W Michael Ln, Addison, IL

Homes for Sale in Addison, IL

This home is located at 205 W Michael Ln, Addison, IL 60101 since 02 January 2015. This property was built in 1964. 205 W Michael Ln is a home located in DuPage County with nearby schools including Lincoln Elementary School, Indian Trail Jr High School, and Addison Trail High School.

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