$320,000
SOLD OCT 22, 2025

502 W Ronald Dr Addison, IL 60101

3 Beds
2.5 Baths
1,312 Sq Ft
6,996 Sq Ft Lot

Recently Sold

$244 Per Sq Ft

13 Days on Market

Highlights

  • Property is near a park
  • Cathedral Ceiling
  • Living Room
  • Ranch Style House
  • Wood Flooring
  • Laundry Room

About This Home

As of October 2025

Welcome to this beautifully maintained 3-bedroom, 2.5-bath ranch-style home tucked away in a peaceful neighborhood. Inside, you'll find a spacious and light-filled layout designed for comfortable living. Hardwood floors run throughout the main areas, while the primary suite features a soaring cathedral ceiling that adds elegance and warmth. The kitchen is equipped with ample cabinetry, range, and a dedicated eating area. Step outside to enjoy a large fenced backyard, ideal for summer barbecues, gardening, or simply unwinding in your own private retreat. A 2-car detached garage provides secure parking and extra storage space. Perfectly located near parks, schools, shopping, and expressways, this home blends charm with convenience-making it an ideal choice for anyone seeking a sweet spot in Addison. Don't miss out-schedule your showing today and make your best offer!

Last Agent to Sell the Property

Hashim Hamsakutty

eXp Realty License #475207842 Listed on: 09/12/2025

eXp Realty

Last Buyer's Agent

Julio Lopez

Century 21 TK Realty License #475122617

Century 21 TK  Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,726

Year Built

  • Built in 1958

Lot Details

  • 6,996 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Fenced
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,312 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • Sump Pump

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors

Schools

  • Addison Trail High School

Utilities

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

Additional Features

  • Shed
  • Property is near a park

Community Details

  • Ranch

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,726

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 1312
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: No additional rooms
  • Window Features: Blinds
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Vinyl

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Fencing: Fenced
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Main Level, Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Addison Trail High School

Lot Info

  • Lot Size Acres: 0.1606
  • Lot Dimensions: 50X140
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5726
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2025
Closed on
Oct 10, 2025
Sold by
Sreerangam Rangaprasad and Sreerangam Sajita R
Bought by
Vasquez Cesar Padilla
Seller's Agent
Hashim Hamsakutty
eXp Realty
Buyer's Agent
Julio Lopez
Century 21 TK Realty
List Price
$320,000
Sold Price
$320,000
Views
136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$48,000
Outstanding Balance
$48,000
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$272,840

Purchase Details

Closed on
Nov 8, 2017
Sold by
Walker Dennis
Bought by
Sreerangam Rangaprasad and Sreerangam Sajita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 1994
Sold by
Eichman Lawrence and Eichman Laura G
Bought by
Kries Jo Anne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,800
Interest Rate
8.65%
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $320,000 Chicago Title
Administrators Deed $185,000 Chicago Title Insurance Comp
Executors Deed $118,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $48,000 New Conventional
Open $256,000 New Conventional
Previous Owner $148,000 New Conventional
Previous Owner $94,800 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2025 10/22/25 Sold $320,000 0.0% $244 / Sq Ft
09/25/2025 09/25/25 Pending -- -- --
09/22/2025 09/22/25 For Sale $320,000 0.0% $244 / Sq Ft
09/18/2025 09/18/25 Pending -- -- --
09/12/2025 09/12/25 For Sale $320,000 -- $244 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $5,726 $89,243 $36,224 $53,019
2023 $5,450 $82,040 $33,300 $48,740
2022 $5,113 $75,420 $30,670 $44,750
2021 $4,892 $72,240 $29,380 $42,860
2020 $4,753 $69,190 $28,140 $41,050
2019 $4,713 $66,530 $27,060 $39,470
2018 $4,654 $63,330 $25,760 $37,570
2017 $4,526 $60,530 $24,620 $35,910
2016 $4,390 $55,880 $22,730 $33,150
2015 $4,265 $51,620 $21,000 $30,620
2014 $4,122 $49,810 $21,660 $28,150
2013 $4,042 $50,820 $22,100 $28,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12469628

Midwest Real Estate Data (MRED)

APN: 03-20-218-013