400 N Addison Rd Villa Park, IL 60181
Estimated payment $3,606/month
About This Home
Turnkey Duplex with Solid Returns! A rare opportunity to acquire a well-maintained side-by-side duplex with two spacious 3-bedroom, 1-bath units. Significant capital expenditures have been handled, with a new shingle roof (2023), new rolled asphalt roof (2024), and updated all-brick exterior featuring new tuckpointing and a new chimney (2024). Both units were tastefully updated in 2020, including modern kitchens, baths, and replacement vinyl windows. Don't miss this opportunity to add a hassle-free asset to your portfolio! Property is being sold as is.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,777
Year Built
- Built in 1960
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 2 Bathrooms
Schools
- Schafer Elementary School
- Jefferson Middle School
- Willowbrook High School
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Partial Basement
- Lot Dimensions are 69x136
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,600
- Maintenance Expense $2,500
- Professional Management Expense $519
- Gross Income $48,934
- Net Operating Income $17,500
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,777 | $116,131 | $31,782 | $84,349 |
| 2023 | $8,409 | $107,390 | $29,390 | $78,000 |
| 2022 | $6,411 | $82,450 | $13,920 | $68,530 |
| 2021 | $6,159 | $80,400 | $13,570 | $66,830 |
| 2020 | $6,022 | $78,640 | $13,270 | $65,370 |
| 2019 | $5,641 | $74,770 | $12,620 | $62,150 |
| 2018 | $5,685 | $70,780 | $11,950 | $58,830 |
| 2017 | $5,569 | $67,450 | $11,390 | $56,060 |
| 2016 | $5,437 | $63,540 | $10,730 | $52,810 |
| 2015 | $5,393 | $59,200 | $10,000 | $49,200 |
| 2014 | $4,454 | $49,090 | $20,770 | $28,320 |
| 2013 | $4,240 | $49,780 | $21,060 | $28,720 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | For Sale | $525,000 | +34.6% | -- |
| 02/25/2021 02/25/21 | Sold | $390,000 | -1.2% | -- |
| 01/14/2021 01/14/21 | Pending | -- | -- | -- |
| 01/11/2021 01/11/21 | For Sale | $394,900 | +22.6% | -- |
| 11/26/2018 11/26/18 | Sold | $322,000 | -5.3% | -- |
| 10/18/2018 10/18/18 | Pending | -- | -- | -- |
| 09/26/2018 09/26/18 | For Sale | $339,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $390,000 | Saturn Title | |
| Warranty Deed | $322,000 | Attorneys Title Guaranty Fun | |
| Warranty Deed | $385,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $245,000 | Ctic |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $292,500 | New Conventional | |
| Previous Owner | $241,500 | New Conventional | |
| Previous Owner | $241,500 | New Conventional | |
| Previous Owner | $346,500 | Negative Amortization | |
| Previous Owner | $183,750 | Commercial | |
| Closed | $36,750 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12421804
APN: 06-04-130-008
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