NOT LISTED FOR SALE

502 W Ronald Dr Addison, IL 60101

Estimated Value: $326,000 - $344,000

3 Beds
2.5 Baths
1,312 Sq Ft
$258/Sq Ft Est. Value

Sale Details

Date Sold: October 22, 2025

Last sale price $320,000 $244 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,304 / mo

13 Days on Market

Highlights

  • Property is near park
  • Ranch Style House
  • Wood Flooring
  • Addison Trail High School Rated 9+
  • Cathedral Ceiling
  • 2 Car Detached Garage

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

T.K. Realty Inc License #475122617

T.K. Realty Inc

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 Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

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

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Sump Pump
  • Crawl Space

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 park

Community Details

  • Ranch

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,726

Year Built

Built in 1958

Lot Details

6,996 Sq Ft Lot

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
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: 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

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

Listed on
Sep 12, 2025
Closed on
Oct 10, 2025
Sold by
Bought by
Seller's Agent
Hashim Hamsakutty
eXp Realty
Buyer's Agent
Julio Lopez
T.K. Realty Inc
List Price
$320,000
Sold Price
$320,000
Views
136
Current Estimated Value
$338,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,264
Avg. Annual Appreciation
8.77%
Original Mortgage
$48,000
Outstanding Balance
$48,000
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$290,264

Purchase Details

Closed on
Nov 8, 2017
Sold by
Bought by

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
Bought by

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$320,000 Chicago Title
$185,000 Chicago Title Insurance Comp
$118,500 --
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
Open $48,000
Open $256,000
Previous Owner $148,000
Previous Owner $94,800
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
10/22/2025 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

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 $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

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