Ivonne Payes
Payes Real Estate Group
(224) 206-0617
236 Total Sales
1 in Addison
$300,000 Price
542 W Memory Ln Addison, IL 60101
Addison Area
3
Beds
2
Baths
2,498
Sq Ft
9,043
Sq Ft Lot
Highlights
- Community Boat Dock
- Landscaped Professionally
- Community Lake
- Addison Trail High School Rated 9+
- Mature Trees
- Property is near park
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
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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
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
Oct 22, 2025
Closed on
Mar 2, 2026
Sold by
Bought by
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
393
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,335
Avg. Annual Appreciation
14.61%
Original Mortgage
$310,500
Outstanding Balance
$309,974
Interest Rate
8.88%
Mortgage Type
New Conventional
Estimated Equity
$56,361
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Addison, IL
-
Ivonne Payes
-
Maria Ortiz
Maria Ortiz
Kale Realty
(708) 726-3036
64 Total Sales
2 in Addison
$289K - $450K Price Range
-
Otis Lazich
Otis Lazich
Capital Investment Realty Group Inc
(630) 895-7685
167 Total Sales
2 in Addison
$350K - $435K Price Range
-
Gary Machnik
Gary Machnik
Hometown Real Estate Group
(833) 328-1213
64 Total Sales
1 in Addison
$500,000 Price
-
Jim Moore
Jim Moore
Key Realty Indiana, LLC
(219) 356-3719
111 Total Sales
1 in Addison
$406,500 Price
-
Annamarie Moise
Annamarie Moise
Platinum Partners Realtors
(224) 332-3730
102 Total Sales
1 in Addison
$405,900 Price
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $345,000 | Chicago Title |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $310,500 | New Conventional | |
| Closed | $310,500 | New Conventional |
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 |
|---|---|---|---|---|
| 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
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 | $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
Seller's Agent in 2026
Mathew Tarailo
@ Properties
(630) 818-7909
121 Total Sales
-
Salome Garcia
Buyer's Agent in 2026
Salome Garcia
Internet Real Estate, LTD.
(773) 419-6784
53 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12500774
APN: 03-29-204-010
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.
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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