NOT LISTED FOR SALE

35 N May St Addison, IL 60101

5 Beds
4 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold December 26, 2023

Last sale price $480,000

10 Days on Market

About This Home

As of December 2023

A great opportunity in DuPage County! This four unit ranch style building is investor friendly with one vacancy for a potential owner occ unit or rent straight away or after updates. One 2 bed/1 bath and three 1 bed/1 bath units. Tenants pay own gas and electric. Coin operated laundry in basement. Updated mechanicals, roof replaced in 2017 and all four units rehabbed in 2009. Great location nearby public library, parks and downtown Addison.

Last Agent to Sell the Property

Adele Lang

Compass License #475173521 Listed on: 10/19/2023

Compass

Last Buyer's Agent

Sergio Moya

Coldwell Banker Realty License #475183026

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,460

Year Built

  • Built in 1961 | Remodeled in 2009

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x134
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Partial Basement

Parking

  • 4 Parking Spaces
  • Alley Access
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Army Trail Elementary School
  • Indian Trail Junior High School
  • Addison Trail High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,962
  • Water Sewer Expense $300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,460

Year Built

Built in 1961 | Remodeled in 2009

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2009
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2009

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Parking Features: Alley Access
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Paved

Fee Information

  • Water Sewer Expenses: 300

Schools

  • Elementary School: Army Trail Elementary School
  • High School: Addison Trail High School
  • Middle/Junior School: Indian Trail Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Dimensions: 50X134
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Insurance Expense: 1962
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 9460
  • Tax Year: 2022
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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 Prior Sale
12/26/2023 12/26/23 Sold $480,000 +9.1% --
10/30/2023 10/30/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $440,000 +17.3% --
01/27/2021 01/27/21 Sold $375,000 -3.8% -- View Prior Sale
12/25/2020 12/25/20 For Sale $389,900 +4.0% --
12/20/2020 12/20/20 Off Market $375,000 -- --
12/15/2020 12/15/20 Pending -- -- --
12/01/2020 12/01/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $389,900 +4.0% --
10/04/2020 10/04/20 Off Market $375,000 -- --
09/27/2020 09/27/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $389,900 0.0% --
09/21/2020 09/21/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $389,900 -- --
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 $10,168 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11912442

Midwest Real Estate Data (MRED)
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