NOT LISTED FOR SALE

540 E Armitage Ave Addison, IL 60101

Estimated Value: $201,000 - $228,000

1 Bed
1 Bath
675 Sq Ft
$314/Sq Ft Est. Value

Sale Details

Date Sold: June 17, 2024

Last sale price $185,000 $274 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,456 / mo

10 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Bathroom on Main Level
  • Addison Trail High School Rated 9+
  • Corner Lot
  • 1-Story Property

About This Home

As of June 2024

***MULTIPLE OFFERS RECEIVED. HIGHEST & BEST OFFERS DUE BY NOON MONDAY 4/22/24***Excellent opportunity for a Single Family Home in Addison! Renovate, add-on, or build new construction on this great corner lot. Many newer homes in the area. Cabin-like 1 bedroom 1 bath home with vaulted ceilings and a large backyard. A great alternative to a condo. Full unfinished basement with exterior access. Convenient location in close proximity to retail, dining, schools, parks, and expressways. Vacant and easy to show.

Last Agent to Sell the Property

Eric Egeland

GenStone Realty License #471008764 Listed on: 04/14/2024

Last Buyer's Agent

Mario DiLorenzo

Keller Williams ONEChicago License #471002044

Keller Williams ONEChicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,453

Year Built

  • Built in 1940

Lot Details

  • 7,231 Sq Ft Lot
  • Lot Dimensions are 62x116
  • Corner Lot

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 675 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Sink Near Laundry

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Gravel Driveway
  • Parking Included in Price

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,453

Year Built

Built in 1940

Lot Details

7,231 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1940
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 675
  • Room Type: Other Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • OpenParkingSpaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 2
  • Driveway: Gravel
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.166
  • Lot Dimensions: 62X116
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3452.66
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

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
Apr 14, 2024
Closed on
Jun 11, 2024
Sold by
Bought by
Seller's Agent
Eric Egeland
GenStone Realty
Buyer's Agent
Mario DiLorenzo
Keller Williams ONEChicago
List Price
$145,000
Sold Price
$185,000
Premium/Discount to List
$40,000
27.59%
Views
282
Current Estimated Value
$211,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,833
Avg. Annual Appreciation
6.97%
Original Mortgage
$166,000
Outstanding Balance
$163,218
Interest Rate
7.45%
Mortgage Type
New Conventional
Estimated Equity
$48,615

Purchase Details

Closed on
Feb 22, 2024
Sold by
Bought by

Purchase Details

Closed on
Dec 14, 1992
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
$78,400
Interest Rate
7.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$185,000 None Listed On Document
-- None Listed On Document
$79,000 Mid America Title Company
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 $166,000
Previous Owner $78,400
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
06/17/2024 06/17/24 Sold $185,000 +27.6% $274 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/14/2024 04/14/24 For Sale $145,000 -- $215 / 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 $3,770 $61,493 $30,741 $30,752
2023 $3,573 $56,530 $28,260 $28,270
2022 $3,453 $52,880 $26,280 $26,600
2021 $3,298 $50,650 $25,170 $25,480
2020 $3,198 $48,520 $24,110 $24,410
2019 $3,165 $46,650 $23,180 $23,470
2018 $3,121 $44,450 $23,190 $21,260
2017 $3,028 $42,480 $22,160 $20,320
2016 $2,924 $39,220 $20,460 $18,760
2015 $2,826 $36,230 $18,900 $17,330
2014 $3,279 $40,850 $22,280 $18,570
2013 $2,901 $41,680 $22,730 $18,950
Source: Public Records

Agents Affiliated with this Home

  • Eric Egeland

    Seller's Agent in 2024

    Eric Egeland

    GenStone Realty

    (847) 337-7090

    119 Total Sales

    Eric Egeland
    Section Image
  • Mario DiLorenzo

    Buyer's Agent in 2024

    Mario DiLorenzo

    Keller Williams ONEChicago

    (847) 312-0912

    133 Total Sales

    Mario DiLorenzo
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12028889

Midwest Real Estate Data (MRED)

APN: 03-34-116-004

Illinois DuPage County Addison 60101

540 E Armitage Ave, Addison, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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