Seller's Agent in 2026
Mathew Tarailo
@ Properties
(630) 818-7909
15 in this area
131 Total Sales
542 W Memory Ln Addison, IL 60101
3
Beds
2
Baths
2,498
Sq Ft
9,043
Sq Ft Lot
Highlights
- Community Boat Dock
- Mature Trees
- Property is near park
- Landscaped Professionally
- Community Lake
- Recreation Room
About This Home
As of March 2026Solid Brick Ranch in Prime Cul-de-Sac Location First time on the market in decades! This well-built brick ranch with nearly 2,500 sq ft of living space offers outstanding space, layout, and long-term potential in one of the area's few cul-de-sac settings. The home features 3 bedrooms and 2 full baths, including a full bath in the finished basement. A spacious family room/dining addition-complete with its own furnace and A/C-adds valuable living space ideal for gatherings and entertaining. Hardwood floors lie beneath the living room, hallway, and all three bedrooms, ready to be refinished and revealed. The finished basement includes a recreation area, game area, full bath, laundry room, and storage room, providing exceptional flexibility and functionality. Recent improvements include newer windows, roof, and HVAC, offering peace of mind and efficiency. Larger than most ranch homes in the area thanks to its full basement and generous addition, this property is a true diamond in the rough-a rare opportunity with excellent equity potential for the next owner.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #471002345 Listed on: 10/22/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,666
Year Built
- Built in 1959
Lot Details
- 9,043 Sq Ft Lot
- Lot Dimensions are 44x94
- Cul-De-Sac
- Fenced
- Landscaped Professionally
- Paved or Partially Paved Lot
- Mature Trees
- Wooded Lot
- Drought Tolerant Landscaping
Parking
- 2.5 Car Detached Garage
- Parking Available
- Garage Door Opener
- Side Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Step Ranch
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,498 Sq Ft Home
- Built-In Features
- Ceiling Fan
- Skylights
- Window Screens
- Family Room
- Living Room
- Dining Room
- Recreation Room
- Lower Floor Utility Room
- Storage Room
- Unfinished Attic
- Carbon Monoxide Detectors
Kitchen
- Range with Range Hood
- Microwave
Flooring
- Wood
- Carpet
- Porcelain Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
- Low Flow Toliet
- Soaking Tub
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Patio
- Shed
Schools
- Army Trail Elementary School
- Indian Trail Junior High School
- Addison Trail High School
Utilities
- Forced Air Heating and Cooling System
- Two Heating Systems
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Lake Michigan Water
- Gas Water Heater
Additional Features
- Enhanced Air Filtration
- Property is near park
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Pioneer Park Subdivision
- Community Lake
Recreation
- Community Boat Dock
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2025
Closed on
Mar 2, 2026
Sold by
Land Trust Company and Chicago Title Land Trust Company
Bought by
Acencio-Burgos Arturo
Seller's Agent
Mathew Tarailo
@properties Christie's International Real Estate
Buyer's Agent
Salome Garcia
Internet Real Estate, LTD.
List Price
$364,900
Sold Price
$345,000
Premium/Discount to List
-$19,900
-5.45%
Views
389
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
120.57%
Original Mortgage
$310,500
Outstanding Balance
$310,326
Interest Rate
8.88%
Mortgage Type
New Conventional
Estimated Equity
$54,317
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $345,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $310,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/17/2026 03/17/26 | Sold | $345,000 | -5.5% | $138 / Sq Ft |
| 01/24/2026 01/24/26 | Pending | -- | -- | -- |
| 12/30/2025 12/30/25 | For Sale | $364,900 | 0.0% | $146 / Sq Ft |
| 11/12/2025 11/12/25 | Pending | -- | -- | -- |
| 10/22/2025 10/22/25 | For Sale | $364,900 | -- | $146 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $6,666 | $102,580 | $39,596 | $62,984 |
| 2023 | $6,353 | $94,300 | $36,400 | $57,900 |
| 2022 | $5,714 | $88,580 | $34,170 | $54,410 |
| 2021 | $3,666 | $84,850 | $32,730 | $52,120 |
| 2020 | $3,733 | $81,270 | $31,350 | $49,920 |
| 2019 | $3,865 | $78,140 | $30,140 | $48,000 |
| 2018 | $4,029 | $74,370 | $28,690 | $45,680 |
| 2017 | $4,120 | $71,080 | $27,420 | $43,660 |
| 2016 | $4,368 | $65,630 | $25,320 | $40,310 |
| 2015 | $4,639 | $60,630 | $23,390 | $37,240 |
| 2014 | $4,795 | $61,960 | $21,440 | $40,520 |
| 2013 | $4,710 | $63,230 | $21,880 | $41,350 |
Source: Public Records
Agents Affiliated with this Home
-
Mathew Tarailo
-
Salome Garcia
Buyer's Agent in 2026
Salome Garcia
Internet Real Estate, LTD.
(773) 419-6784
1 in this area
62 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12500774
APN: 03-29-204-010
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Based on information submitted to the MLS GRID
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