NOT LISTED FOR SALE

35 W Michael Ln Addison, IL 60101

Addison Area
8 Beds
4 Baths
-- Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: October 29, 2021

Last sale price $490,000

9 Days on Market

About This Home

As of October 2021

Great Investors opportunity. 4 units, all 2 bedroom apartments with separate basements. Tenants pay for all utilities. Don't missed this opportunity.

Last Agent to Sell the Property

Karina Chavez

Realty of America, LLC License #471007134 Listed on: 09/04/2021

Realty of America, LLC

Last Buyer's Agent

Hernan Rivera

AAA Property Group License #471006440

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,864

Year Built

  • Built in 1962

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • Bi-Level Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 7 Parking Spaces
  • Uncovered Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,864

Year Built

Built in 1962

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • New Construction: No
  • Year Built: 1962
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 7
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 50X150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 8863.5
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,1 Story Unit/s

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
Jan 19, 2023
Sold by
Bought by

Purchase Details

Listed on
Sep 4, 2021
Closed on
Oct 25, 2021
Sold by
Bought by
Seller's Agent
Karina Chavez
Realty of America, LLC
Buyer's Agent
Hernan Rivera
AAA Property Group
List Price
$479,900
Sold Price
$490,000
Premium/Discount to List
$10,100
2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,124
Interest Rate
3.09%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 11, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Listed On Document
$490,000 Old Republic Title
-- 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
Previous Owner $481,124
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
10/29/2021 10/29/21 Sold $490,000 +2.1% --
09/14/2021 09/14/21 Pending -- -- --
09/04/2021 09/04/21 For Sale $479,900 -- --
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11209819

Midwest Real Estate Data (MRED)
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