Cindy Schmalz
@properties Christie's International Real Estate
(224) 970-2975
110 Total Sales
1 in Addison
$347,000 Price
224 W Michael Ln Addison, IL 60101
Addison Area
7
Beds
4
Baths
--
Sq Ft
0.26
Acre Lot
About This Home
As of December 2019GREAT CASH FLOW OPPORTUNITY!!! START MAKING MONEY FROM DAY ONE ON THIS FULLY RENTED PROPERTY. Long time tenants.Tenants are on a month to month. This four unit building has a lot to offer, Roof 2018, Hot Water 2016, all toilets were replaced couple months ago, newer windows, seven parking spaces.
Last Agent to Sell the Property
Realty of America License #475138247 Listed on: 09/30/2019
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,044
Year Built
- Built in 1964
Lot Details
- 11,326 Sq Ft Lot
- Lot Dimensions are 168x68x169x70
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Parking
- 7 Parking Spaces
- Uncovered Parking
- Parking Space is Owned
Additional Features
- 2-Story Property
- Heating System Uses Natural Gas
Community Details
- 4 Units
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2019
Closed on
Dec 4, 2019
Sold by
Bought by
Seller's Agent
Sergio Lara
Realty of America
Buyer's Agent
Dana Anest
GMC Realty LTD
List Price
$446,000
Sold Price
$429,750
Premium/Discount to List
-$16,250
-3.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,965
Outstanding Balance
$393,222
Interest Rate
4%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 31, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,200
Interest Rate
5.89%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Addison, IL
-
Cindy Schmalz
-
Rohit Parti
Rohit Parti
Real Estate Shoppers Stop LLC
(253) 733-2130
39 Total Sales
1 in Addison
$118,000 Price
-
Ivonne Payes
Ivonne Payes
Payes Real Estate Group
(224) 206-0617
239 Total Sales
1 in Addison
$300,000 Price
-
Maria Ortiz
Maria Ortiz
Kale Realty
(708) 726-3036
63 Total Sales
2 in Addison
$289K - $450K Price Range
-
Otis Lazich
Otis Lazich
Capital Investment Realty Group Inc
(630) 895-7685
167 Total Sales
2 in Addison
$350K - $435K Price Range
-
Gary Machnik
Gary Machnik
Hometown Real Estate Group
(833) 328-1213
64 Total Sales
1 in Addison
$500,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $430,000 | First American Title | ||
| $474,000 | First American Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $27,473 | ||
| Open | $59,752 | ||
| Closed | $38,629 | ||
| Open | $451,965 | ||
| Previous Owner | $342,900 | ||
| Previous Owner | $379,200 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2019 12/04/19 | Sold | $429,750 | -3.6% | -- |
| 10/16/2019 10/16/19 | Pending | -- | -- | -- |
| 09/30/2019 09/30/19 | For Sale | $446,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
-
Sergio Lara
Seller's Agent in 2019
Sergio Lara
Realty of America
(630) 479-3358
17 Total Sales
-
Dana Anest
Buyer's Agent in 2019
Dana Anest
GMC Realty LTD
(630) 768-7136
86 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10533601
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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