NOT LISTED FOR SALE

324 W Lincoln Ct Addison, IL 60101

8 Beds
5 Baths
-- Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: December 21, 2016

Last sale price $305,000

77 Days on Market

About This Home

As of December 2016

4 unit brick building. All Units Rented. All units with 2 bed & 1 bath. Building has attached 4 car garage. 10 dedicated parking spaces exterior of building. Large storage rooms. Large Basement space. Just minutes away from 355 expressway. Close to Shopping, Restaurants, Library & School. Great investment property!!

Last Agent to Sell the Property

Mike Sudan

Coldwell Banker Realty License #475159151 Listed on: 08/10/2016

Last Buyer's Agent

Eric Sadowski

arhome realty License #475128225

arhome realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,699

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 57x136

Parking

  • 4 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Partially Finished Basement

  • Partial Basement

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,699

Year Built

Built in 1963

Lot Details

7,405 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Flood Zone
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 14
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 57X136
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 6699
  • Tax Year: 2015

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

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

Closed on
Apr 5, 2017
Sold by
Bought by

Purchase Details

Listed on
Aug 10, 2016
Closed on
Dec 21, 2016
Sold by
Bought by
Seller's Agent
Mike Sudan
Coldwell Banker Realty
Buyer's Agent
Eric Sadowski
arhome realty
List Price
$310,000
Sold Price
$305,000
Premium/Discount to List
-$5,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
0.0403%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Precision Title
$305,000 Affinity Title Services Llc
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
Closed $228,750
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
12/21/2016 12/21/16 Sold $305,000 -1.6% --
10/26/2016 10/26/16 Pending -- -- --
10/22/2016 10/22/16 For Sale $310,000 0.0% --
08/26/2016 08/26/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $310,000 -- --
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 $8,254 $117,110 $60,906 $56,204
2023 $8,290 $112,610 $55,990 $56,620
2022 $9,460 $128,450 $51,380 $77,070
2021 $7,169 $97,060 $49,210 $47,850
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 $7,347 $89,480 $35,790 $53,690
2015 $6,699 $82,660 $33,060 $49,600
2014 $4,242 $56,090 $14,020 $42,070
2013 $4,170 $57,240 $14,310 $42,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09312535

Midwest Real Estate Data (MRED)
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