$529,900
SOLD NOV 19, 2020

461 N Addison Rd Addison, IL 60101

9 Beds
7 Baths
-- Sq Ft
9,583 Sq Ft Lot

Recently Sold

2% Below List Price

5 Days on Market

About This Home

As of December 2024

BUYER FINANCING FELL THROUGH!!! DESIRABLE INVESTMENT IN GREAT LOCATION. THIS FREESTANDING ALL BRICK 6 UNIT BUILDING. 4 ONE BEDROOM UNITS, 1 TWO BEDROOMS, AND 1 THREE BEDROOMS 2 BATHS UNIT. GREAT TENANTS AND NO VACANCY HISTORY. RENTS BELOW MARKET VALUE. ALL SEPARATE ELECTRIC. TENANT PAYS FOR ELECTRIC. 10 PARKING SPACES. 24 HRS NOTICE

Last Agent to Sell the Property

Leda Quiaro

Keller Williams Infinity License #471004203 Listed on: 09/30/2020

Keller Williams Infinity

Last Buyer's Agent

Bryan Kasprisin

RE/MAX Professionals Select License #471004157

RE/MAX Professionals Select

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Utilities

  • Window Unit Cooling System

Community Details

  • Insurance Expense $1,990

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2018
  • Net Oper Income: 45225
  • Outdoor Parking: 6-12 Spaces
  • Total Annual Exp: 18675
  • Total Annual Income: 63900
  • Total Monthly Income: 5325
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 2
  • Estimated Year Built: 1962
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1962

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding, Brick
  • Acreage: 0.22
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 10

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Baseboard
  • Water Expense: 932

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 300

Lot Info

  • Lot Dimensions: 9597
  • Land Amenities: Lighting/Exterior, Sidewalks
  • Parcel Identification Number: 0321421003

Rental Info

  • Gross Rental Income: 63900
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2018
  • Insurance Expense: 1990

Tax Info

  • Taxes: 11860

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
12/18/2024 12/18/24 Sold $750,000 0.0% --
10/29/2024 10/29/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $750,000 +41.5% --
11/19/2020 11/19/20 Sold $529,900 -1.7% --
10/05/2020 10/05/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $539,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10887533

Midwest Real Estate Data (MRED)