NOT LISTED FOR SALE

312 W Lincoln Ct Addison, IL 60101

40 Beds
21 Baths
-- Sq Ft
1963 Built

Last Sold May 10, 2021

Last sale price $565,000

220 Days on Market

About This Home

As of May 2021

Solid brick building!!! Great opportunity for investment of 6-unit apartment in highly sought suburb of Addison. All units fully rented with long terms tenants and will keeps. Roof is 2018. Excellent location, walking distance to shopping, library and closing to I 355 and 290 express way. Schedule your showing today.

Last Agent to Sell the Property

Tracy Tran

Coldwell Banker Realty License #475134943 Listed on: 08/11/2020

Coldwell Banker Realty

Last Buyer's Agent

Basith Khan

Home 4 U Realty, Inc. License #475144335

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Additional Features

  • Exterior Basement Entry
  • Window Unit Cooling System

Community Details

  • Fuel Expense $3,000
  • Insurance Expense $1,875

Listing and Financial Details

  • Tenant pays for air conditioning, electric

Property Details

Home Type

Multi-Family

Year Built

1963

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Sole Proprietor
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 37290
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 2000
  • Roof Coverings: Shingle Composition
  • Scavenger Expense: 600
  • Total Annual Exp: 28709
  • Total Annual Income: 6600
  • Total Monthly Income: 5500
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1963
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1963

Interior Features

  • Basement: Unfinished, Exterior Access

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Window Unit/s
  • Fire Protection: Smoke or Fire Protectors
  • Heatventilation: Baseboard, Radiant
  • Water Expense: 600

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 720
  • Electrical Service: 0-100 Amps

Lot Info

  • Lot Dimensions: 204X100X179X34
  • Lot Sq Ft: 13428
  • Parcel Identification Number: 0321303043

Rental Info

  • Gross Rental Income: 66000
  • Tenant Pays: Air Conditioning, Electric

Multi Family

  • Fuel Expense: 3000
  • Insurance Expense: 1875
  • Other Expenses: 3767

Tax Info

  • Taxes: 11844
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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
05/10/2021 05/10/21 Sold $565,000 -2.6% --
03/19/2021 03/19/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $579,900 0.0% --
12/07/2020 12/07/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $579,900 0.0% --
08/17/2020 08/17/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $579,900 -- --
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 -- $196,925 $78,768 $118,157
2023 $13,326 $181,030 $72,410 $108,620
2022 $12,698 $172,410 $68,960 $103,450
2021 $12,197 $165,140 $66,050 $99,090
2020 $11,897 $158,180 $63,270 $94,910
2019 $11,844 $152,100 $60,840 $91,260
2018 $12,347 $152,100 $60,840 $91,260
2017 $12,066 $145,370 $58,150 $87,220
2016 $11,813 $134,220 $53,690 $80,530
2015 $11,591 $123,990 $49,600 $74,390
2014 $9,113 $96,860 $24,220 $72,640
2013 $8,912 $98,830 $24,710 $74,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10814630

Midwest Real Estate Data (MRED)
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