215 E Oak St Addison, IL 60101
Estimated payment $17,858/month
About This Home
All brick 18-UNit apartment property in desirable and accessible location. Close to schools, shopping, restaurants and expressways. Building close to downtown area of Addison. Nine 2-BR units and Nine 1-BR unit. All rents are current. Performa numbers based on current market rent rates in the area in Additional Information whereas the property tax is for 2024. Another property for sale is 120 S Lincoln.
Listing Agent
Berkshire Hathaway HomeServices American Heritage License #471017783 Listed on: 12/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $45,051
Year Built
- Built in 1972
Lot Details
- 1.12 Acre Lot
- Lot Dimensions are 197x302
Home Design
- Mixed Use
- Brick Exterior Construction
Additional Features
- 3-Story Property
- Heating System Uses Gas
Community Details
Overview
- 18 Units
Building Details
- Electric Expense $2,400
- Fuel Expense $12,000
- Insurance Expense $6,484
- Maintenance Expense $6,133
- Other Expense $1,475
- Trash Expense $2,400
- Water Sewer Expense $18,000
- Operating Expense $123,389
- Gross Income $290,100
- Net Operating Income $195,975
Map
Home Values in the Area
Average Home Value in this Area
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 | $45,051 | $639,192 | $255,677 | $383,515 |
| 2023 | $43,256 | $587,600 | $235,040 | $352,560 |
| 2022 | $41,215 | $559,620 | $223,850 | $335,770 |
| 2021 | $39,591 | $536,040 | $214,420 | $321,620 |
| 2020 | $38,616 | $513,440 | $205,380 | $308,060 |
| 2019 | $38,443 | $493,690 | $197,480 | $296,210 |
| 2018 | $37,042 | $456,310 | $159,710 | $296,600 |
| 2017 | $36,199 | $436,110 | $152,640 | $283,470 |
| 2016 | $35,438 | $402,650 | $140,930 | $261,720 |
| 2015 | $34,771 | $371,960 | $130,190 | $241,770 |
| 2014 | $23,025 | $244,720 | $68,050 | $176,670 |
| 2013 | $22,518 | $249,710 | $69,440 | $180,270 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/22/2025 12/22/25 | Pending | -- | -- | -- | |
| 12/21/2025 12/21/25 | For Sale | $2,700,000 | +117.7% | -- | |
| 10/17/2014 10/17/14 | Sold | $1,240,000 | -4.5% | -- | View Prior Sale |
| 06/26/2014 06/26/14 | Pending | -- | -- | -- | |
| 05/23/2014 05/23/14 | For Sale | $1,299,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,240,000 | Ctic | |
| Deed | $800,000 | Pro Title Group Inc | |
| Sheriffs Deed | -- | None Available | |
| Deed | $1,130,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $806,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $600,000 | Seller Take Back | |
| Previous Owner | $904,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12456797
APN: 03-28-211-028
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